Why Employee Misclassification Matters
Why Employee Misclassification Matters In recent years, economic shifts and advancements in technology have led to unprecedented growth in the independent and freelance workforces. It shouldn’t surprise anyone then that companies are turning more and more frequently to independent contractors to fill vacancies that were …
6 Key Components of a Business Partnership Agreement
6 Components Parts of a Business Partnership Agreement When you enter into a business partnership, you probably aren’t thinking about all the ways that things could go wrong. At this stage, most entrepreneurs are more focused on launching their operations than the day-to-day mechanics that …
7 Things Successful Business Partners Have in Common
7 Things Successful Business Partners Have in Common It’s easy to feel overwhelmed when trying to launch a business on your own. After all, running a business takes all kinds of skills and talents that are rarely ever be found in one individual. A team …
4 Business Entities That Your Florida Partnership Should Consider
4 Business Entities That Your Florida Partnership Should Consider A partnership is exactly what it sounds like – a business owned by two or more people who share in the business’s profits, losses, and responsibilities. Each partner typically commits to participating in the business as …
Forming a PLLC in Florida: A Guide
Considerations Before Forming a PLLC (Professional Limited Liability Company) in Florida Forming a PLLC, or professional limited liability company, in Florida can be confusing at first. After all, why can’t you go with another entity? Well, Florida law prohibits certain licensed professionals from running standard …
Why You Need a Business Plan Before Fundraising
Why You Need a Business Plan Before Fundraising Starting up your business without a written plan, while possible, is far from the greatest idea. You need a business plan because it makes many aspects of running a business much easier, especially when it comes to …
What is LLC Disregarded Entity Election?
Disregarded Entity Election for Florida LLCs In Florida, many entrepreneurs are confused by the idea of “Disregarded Entity Election.” Basically, it’s a status determining how your business is taxed. For information on selecting the right entity for your business, you can read more here. What …
S Corporation Advantages for Florida LLCs
What are the S Corporation Advantages Available to Florida LLCs? An S Corporation’s advantage is that it has a tax structure similar to C Corporations with liability protection similar to LLCs. Too few business owners take advantage of this powerful tool. While it won’t be …
The Benefits of Creating a Florida Rental Property LLC
The Benefits of Creating a Florida Rental Property LLC Too few landlords in Florida know just how much they stand to benefit by forming a Florida Rental Property LLC. An LLC is a type of business entity favored by many small business owners and entrepreneurs …
Separating Your Finances and Maximizing LLC Liability Protection
Separating Your Finances and Maximizing LLC Liability Protection If you’re the owner of an LLC in Florida, then chances are that you already know how critical it is to keep your personal and business finances strictly separated from one another. Doing so is a requisite …
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