Florida is consistently ranked among America's top states for business, coming in fifth last year. This strong business climate is a key contributor to the state's thriving economy—Florida boasts the fourth-largest economy in the United States, with a gross state...
Corporate Governance and Finance
Corporate Finance 101: What Every Florida Business Owner Needs to Know
From startups and family-owned businesses to large multinational corporations, corporate finance serves as the backbone of financial decision-making, shaping a company’s overall economic health, ensuring long-term sustainability, and driving strategic growth. For...
Debt vs. Equity Financing: Choosing the Right Option for Your Florida Business
If your Florida business is just starting out or seeking expansion, there may come a time when additional capital is required to support growth and sustain operations. Whether you’re looking to invest in new equipment, hire more employees, increase marketing efforts,...
Corporate Governance Best Practices for Florida Corporations
Running a business is an exciting endeavor, but it comes with immense responsibility—especially when it comes to corporate governance. Florida's regulatory landscape can be daunting, as the state enforces specific laws and requirements that impact how businesses...
Business Formation: Legal Considerations for Entrepreneurs
You may have the talent, skill, and vision to establish your new company. However, there are a range of legal considerations in business formation. As an entrepreneur, you must be as conscientious about legal matters as you are about marketing, operations, hiring, and raising capital. To ensure that you meet all your legal obligations, you should retain the services of a law firm that specializes in working with startup companies.
Corporate Transparency Act: What Florida Companies Need to Know
Much has been written about the Corporate Transparency Act (the CTA) in anticipation of its effective date of January 1, 2024. There are several important aspects of the CTA that Florida businesses should be aware of and consider. Florida businesses should...
The Importance of Corporate Governance
Investopedia defines Corporate Governance as “the system of rules, practices, and processes by which a firm is directed and controlled”. Getting a little further into the weeds, the Harvard Business Review identifies two long-standing descriptions of what a...
Buy-Sell Agreements – Simplify Your Business Partnership
Every business owner needs to have a plan in place for how their interest in the business will be allocated or sold in the event of disability, death, retirement, divorce, dispute, or in the event that they simply no longer want to be a part of the business. Enter the...
Operating Agreement – Common Questions
Operating Agreement (also known as an LLC Agreement): 10 Commonly Asked Questions and Answers Whether an operating agreement or LLC agreement needs to be in writing? No. An operating agreement does not need to be in writing. However, it is strongly suggested that an...
Breaking the Tie: Understanding Deadlock Provisions in Shareholder Agreements
If you're in the process of drafting a shareholder agreement for your company, you've made a wise choice. The contract will be instrumental in outlining the rights and responsibilities of each shareholder and director, as well as the running of your company. A...
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