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- How to Start a Business Partnership in Florida
When organizing and planning a business in Florida, you have the option of many entities, each of which have their advantages and disadvantages. General partnership is one of those type of entities the owners of a business can form to conduct their business operation.
- Overview on Getting a Florida LLC Set Up
Do you have an idea for a business and want to get started on the right track? Do you want to reduce your personal liability exposure from the business’ liability? Do you want to go into business alone or with others, and properly differentiate each other responsibilities and obligations? If so, you may want to consider setting up a limited liability company or commonly referred as “LLC”.
- Purchasing a Business with Seller Financing
It is often the case that a purchaser of a business does not have the resources for a full cash sale and will request that the seller finance some of the purchase price. This can be advantageous for both parties, but requires that the parties consider a number of issues, as we highlight in this article.
- “Close Corporation”: Probably Not the Best Choice
by JGPC Lawyers
One type of entity people sometimes ask us about is the California statutory “close corporation.” In general legalese a “close corporation” means a closely held corporation, a corporation that has only a few shareholders, usually people who work for the corporation.
- Practical Tips for Avoiding Breach of Contract Litigation
Typically, most business people do not want to be in a situation where they feel compelled to get out of a contract before the end of the contract term.
- Do I Need an Operating Agreement for an LLC in Florida?
In most states, including Florida, it is not required for a Limited Liability Company (“LLC”) to have an Operating Agreement, but it is always recommended to create one. The reasons are several, as we shall see below.
- Licenses and Permits for Opening a Restaurant in Florida
If you are opening a new restaurant in Florida or are the new owner of an existing restaurant, you are required by law to obtain a business license from the Florida Department of Business and Professional Regulation’s Division of Hotels and Restaurants before you can begin operation.
- Terms of Service For E-Commerce Websites
- How to Form an LLC in Florida
The primary benefit of establishing a business as a limited liability company (LLC) is asset protection. The personal assets of LLC owners are protected from business liabilities — including debts and litigation — as long as the LLC is maintained properly.
- Understanding the Risks and Benefits of a Partnership in Texas
Partnerships are simple business entities to form but they do have inherent risks. Make sure you evaluate every aspect of your potential partnership before you move forward.