by admin | Apr 30, 2020 | Entity Formation
A Florida limited liability company with only one member, or owner, is called a sole member liability company (“sole member LLC”). Before moving forward with the formation of a sole member, it is crucial to understand how the liability...
by admin | Jan 6, 2020 | Business, Entity Formation
When a business owner is forming an LLC, one of the first questions is usually what is a member’s liability in an LLC? LLC stands for Limited Liability Company. Formation of LLCs has gained popularity over the past decade since the Florida Legislature repealed the...
by admin | Sep 6, 2019 | Contracts
Hiring an Independent Contractor An independent contractor is also known as a freelancer, consultant, or contractor. A small business owner who hires a contractor is not required to withhold income taxes, pay...
by admin | Aug 19, 2019 | Business
When starting a new business, it is important to not only research tasks to get started, but also who will be on your business team. Your business team is a collection of professionals who assist your business with how to structure your business, legal compliance,...
by admin | May 28, 2019 | Business
What is a deadlock provision? Deadlock provisions are often overlooked in the drafting of operating agreements. A deadlock provision is a procedure for resolving disputes and tied votes when the is no majority, such as when you have a two (2) member...
by admin | May 22, 2019 | Entity Formation
Congratulations on making the decision to start a new business! Whether starting a company on your own or with partners, it is important to get ready to make some important decisions. First and foremost, it is essential to choose the right business entity to form....
