How to Use a Virtual Address for Your Florida Home-Based Business
When to Use a Virtual Office Address for Your Florida Home-Based Business As working from home becomes increasingly common, more entrepreneurs are wondering if they can use a virtual address for their business. However, it’s important to weigh the pros and cons before making any …
How to Pay Yourself in a Florida Limited Liability Company
How to Pay Yourself in a Florida Limited Liability Company Updated: May 23, 2023 So, you’ve finally formed your limited liability company down here in Florida – congratulations! However, unless you’re a secret billionaire, then chances are that you’re still going to need some form …
17 Answers to Your Corporate Transparency Act Questions
The Corporate Transparency Act’s Beneficial Ownership Information (BOI) Reporting Requirements Updated: April 12, 2023 Florida business owners only have a handful of months left to get ready for the Corporate Transparency Act. This law creates new reporting requirements that most businesses will need to adhere …
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 …
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