5 Strategies for Minimizing Personal Liability as a Florida Business Owner
How Florida Business Owners Can Maintain Their Personal Liability Protections Florida business owners need to be sure that they’re taking the necessary steps to protect themselves from being held personally liable for their company’s debts and obligations. This is true even if you’ve formed a …
Legal Alert: State of Florida Reduces Sales Tax Rate for Commercial Rental Properties
Florida State Sales Tax Rate for Real Property Slashed Down to 2% In a move welcomed by many business owners, the State of Florida is lowering the sales tax rate for commercial rental properties down from 4.5% to 2% effective June 1, 2024. This change …
LEGAL ALERT: FTC Announces Final Rule That Will Ban Non-Compete Clauses in Florida
The End of Non Compete Clauses as We Know Them? Important Information for Florida Business Owners Updated: April 29, 2024 A Final Rule issued by the Federal Trade Commission (FTC) has essentially made non compete agreements and clauses null and void. In a major shift …
How to Convert or Domesticate a New Jersey Corporation to Florida
Relocate, Convert, or Domesticate a New Jersey Corporation to Florida Updated: June 24, 2024Reading Time: 10 Minutes Objectives: Entities: Table of Contents The State of New Jersey has finally authorized corporate domestication, which means that your New Jersey corporation now has the option to change …
5 Key Hires for Every Startup
5 Key Hires for Startups in Florida As a business owner or hiring manager, you want to make sure that you fill the positions within your business with the people that you need to succeed. While this usually refers to specific positions, there are also …
Checklist to Guarantee Your HR Policies Are In Compliance
Your HR Compliance Checklist When growing a business, a set of rules and regulations govern the processes and procedures of activities within the company. HR laws comprise a significant part of these regulations and must apply even in small businesses. These include the recruitment process, …
Tips to Protect Your Business from Fraud
5 Business Fraud Prevention Tips You often hear stories about fraud against individuals, however, businesses are just as susceptible to fraud. A business constantly deals with customers, employees, and vendors. This leaves businesses more open to the possibility of being defrauded. When businesses are defrauded, …
How To Defend Your Business From Unemployment Claims In Florida
How to Defend Your Business from Unemployment Claims in Florida The best thing you can do to defend yourself from unemployment claims happens well before termination. To successfully defend against unemployment compensation claims, it is imperative to understand the unemployment compensation process and how to …
Florida Price Gouging Law: What Business Owners Need to Know
Florida Price Gouging Law: What Business Owners Need to Know If the State of Florida has declared a state of emergency, then Florida Price Gouging Laws may apply to your business. If your business provides an essential commodity, dwelling units, or self-storage facilities you cannot …
Why Are Business Partnership Agreements Important?
Why Are Business Partnership Agreements Important? When you want to start a business with someone else, even if it’s a family member or a friend, you should create a partnership. In Florida, even if there isn’t a partnership (or general partnership) written down, you still …