Considerations for Hiring Your Child as an Employee
Hiring your child to work in the family business can be a win-win situation for both you and your child. A child employee offers you tax advantages not available with other employees. There are also potential tax savings for the child employee, who can set …
5 Things to Accomplish After Relocating or Moving Your Business to Florida
Checklist for What to Do After Moving a Business to Florida While you’re no doubt anxious to get things up and running after moving or relocating your business to Florida, there are a few tasks that you’ll need to attend to before you can start …
More Good News for PPP Borrowers: Simplified Loan Forgiveness Applications
On June 5, 2020, the Paycheck Protection Program Flexibility Act (the Flexibility Act) was signed into law, after lawmakers passed it almost unanimously. The original Payment Protection Program (PPP)—a key component of the Coronavirus Aid, Relief, and Economic Security Act signed in March—and the accompanying guidance issued by …
Asset Protection for Florida Entrepreneurs
Going into business for yourself is a risky endeavor. From investing in goods and services and hiring employees to simply carrying out the daily tasks related to your business, each step is fraught with risks. This is especially true given the litigious nature of our society. …
8 Ways Florida Start-Ups can Prepare for Fundraising
Attracting Investors: Fundraising for Florida Start-Ups Finding investors for fundraising is one of the biggest challenges faced by start-ups in Florida. It can be a frustrating paradox – your business is still in its early stages, but it needs to project a certain level of …
Can You Domesticate a Delaware Corporation in Florida?
Domesticating or Moving a Delaware C or S Corporation to Florida Incorporating in Delaware has become popular in recent years because some people associate the state with strong pro-business legislation compared to the rest of the country. However, unless you own a massive corporation, most …
4 Tools for Protecting E-Commerce Businesses from Liability
4 Ways E-Commerce Businesses Can Protect Themselves from Liability E-commerce businesses are great for entrepreneurs interested in working from home. They do, however, come with their own complications, such as when you have to deal with multiple state laws when moving goods from one part …
Coronavirus Insurance Coverage for Small Businesses
Small Business Insurance Policies and Coronavirus Let’s just get this out of the way – there isn’t a business in America that isn’t going to feel the impact of the novel coronavirus responsible for COVID-19. However, you might be able to mitigate some of the …
6 Financial Mistakes Commonly Made During Business Formation
6 Common Financial Mistakes that Waste Money During Business Formation Few things can ruin your momentum during business formation like a significant financial misstep. As entrepreneurs ourselves, we know just how much thought, effort, and resources go into launching a business. We also know how …
The Risks of Using DIY Business Formation Websites
The Dangers of DIY Business Formation Services As a business law firm, one of the most frustrating things that we encounter are DIY business formation websites and similar services. They cause our clients more problems than they purport to solve. This is because they offer …