Business owners often do not know where to turn for legal help. Whether you are considering forming a company, or your business is involved in a lawsuit, you need an attorney with experience handling business related issues. At Grimland Law, we have helped business owners all over Florida protect their businesses.
Being involved in a legal dispute is never easy and when it impacts your business, the consequences can be very serious. Whether you need to hold someone accountable to the terms of a contract, or your business is being sued for non-performance, you need an attorney who will fight aggressively to protect you and your business interests.
If a supplier breaches their agreement to deliver goods to you, there is a trickle-down effect. Delayed shipments to you mean delays in getting goods to your customers. This erodes the trust you have worked hard to build up with your client base. You have the right to hold that supplier accountable for their non-performance and Grimland Law can help.
The structure an entrepreneur selects for their business can have an impact on their taxes, their ability to borrow money for expansion, and how their assets are protected. Consulting with an attorney prior to opening your doors can protect you from lawsuits later, reduce your tax burden, and ensure you are in compliance with Florida statutes governing business operations.
Limited liability corporations in Florida may be managed by the members of the corporation or they may be managed by an outside, unrelated management team. Drafting an LLC agreement is complicated because the agreement must contain language that spells out exactly how ownership is structured. LLCs are also required to file annual reports with the state, pay ongoing filing fees, and may also have local requirements for business permits and licenses. If you are considering forming a Florida LLC, it is imperative to seek legal advice.
Business owners may wish to incorporate their businesses in Florida. This requires filing the appropriate documents with the Secretary of State, registering your business name, and obtaining the required business permits and licenses. While a C-Corporation offers a great deal of protection for the owner, there may be instances where an S-Corporation may be more beneficial, particularly when it comes to taxes. An S-Corporation requires additional forms be filed with the Internal Revenue Service (IRS).
Once an entrepreneur has determined which type of corporation is best suited to their needs, there are formal documents that must be drawn up. Grimland Law can help ensure you are in full compliance with the state, as well as help with annual reporting, proper procedures for annual meetings and minutes, and other corporate governance requirements.
For some business owners, a partnership is a good option for their business structure. Partnership agreements typically contain specific language which includes the responsibilities of each partner to the business, the percentage of ownership, and specifies the activities of the partnership. It is important that the agreement between the partners is written in a non-ambiguous manner that leaves no room for guessing what happens when partners cannot agree on business matters.
Fictitious Name Filing
Under Florida business laws, if you are using anything except your own name to conduct business, you are required to file a fictitious name with the Division of Corporations. Before filing these documents, it is important to work with an attorney because fictitious names, known as “DBA” (doing business as) designations, do not offer any specific legal protections.
When you have a business legal matter, you need an attorney who will take the time to understand your business model, knows what your long-term goals are, and help make sure you understand your options. Contact Grimland Law for all your business legal needs.