Small businesses in Florida rely on contracts when dealing with customers and suppliers. Business leaders may also rely on contracts with their employees. And, in some situations, business leaders rely on contracts when dealing with the other owners of the business....
Business Organizations
Successfully creating your business entity
Starting a business can take years. After all, rarely does one start with the business idea. Instead, you start with some product or service idea and then try to figure out how to create it and monetize it. That is why it is so common for Tampa, Florida, business...
Understanding the tax implications of business formation
People who are starting up a new business have a lot of decisions to make about their product or services, their customers and business partners, their employees and many other things. But it's crucial that they also take some time to decide which legal format they...
Should you use the partnership structure for your business?
There are a lot of decisions that you have to make before you start your business, and each of them can have long-term implications for your profits, your potential liability, and your business operations. This is especially true when it comes to choosing a business...
Should companies organize as a corporation or LLC?
Many people in Florida have great ideas for businesses. Some may have worked for other companies within a certain industry and want to branch off on their own. This can be an exciting time and people may know the product or the service they will be selling very well....
How to determine the appropriate business organization
There are many people in Tampa who want to start a business. They may have a good idea or have gained enough experience in a certain field to go out on their own. The focus early on is developing a business strategy and maybe most importantly getting clients or...
What are the most common business entities in Florida?
When deciding to form a business in Florida, there are several options available. The most common business entities are corporations, limited liability companies, partnerships and sole proprietorships. Corporations and LLCs A corporation is an independent entity that...
What types of business entities does Florida recognize?
If you want to start a business in Florida, one of the first steps is figuring out how to structure it. There are numerous business entity options in Florida, and each one has unique advantages and requirements. The type of entity you choose may depend on whether you...
How your company’s success is influenced by its culture
When you are assessing the growth, potential and success of your company in Florida, you may be looking for ways to capitalize on what you already have to continue gaining value. Interestingly, the core of your organization's success stems from the types of...
What are the advantages of an LLC?
When Florida entrepreneurs get started on a business, there are several questions to ask. One of the first is: how do you want to structure your business? Each structure holds its own benefits and drawbacks. Today we will be looking at limited liability corporations,...