Florida has many laws and regulations that make it difficult to launch and run a business. A Florida business attorney can help you avoid making mistakes that could have severe repercussions on your company. An experienced lawyer can help you make the most of your job by taking care of all legal issues and making sure that you comply with the law.
Apply for LLC Status
A business attorney can help you choose the right business structure early in the process. There are many types of organizations available in Florida. There are several common options for forming an organization: S-Corporation (Corporation), Sole Proprietorship or Partnership, as well as Limited Liability Company. A Florida attorney can help you understand the pros and cons of each structure, as well as offer advice about which structure would be most beneficial for your company.
A business attorney may recommend that you file for LLC status. This protects your personal assets and helps you save money on taxes. It will also allow business profits to be claimed as personal Income. A lawyer will help you file the paperwork by making sure that all the necessary forms are completed and that the state regulations are followed.
Make the necessary contracts
You may need to hire independent contractors or employees as your business grows. So, a contract must be draw up to outline the obligations of each party. If, you hire someone to work for your company. To ensure your rights are protected, a Florida business lawyer will help you with the hiring process.
In certain cases, you might need to sign a contract with customers, clients, or vendors. An attorney for business can help you draft or review any contract that someone else has requested.
Protect yourself from Copyright Infringement
Florida business owners want to make sure that they are:
Copyright laws are not inadvertently breakable.
No one can infringe on your intellectual property rights.
An attorney for business can assist with both of these concerns. An attorney will help you determine whether the name you choose is legal or if it would trademarked elsewhere. You will also need an attorney to protect your rights if your company name use in the future by someone else.
This concern can be applied to all aspects of business. If someone uploads your work without permission, what are your options? If someone copies something you have written, what are your options? These types of disputes will be settle by a business attorney who can offer guidance and assistance.
Protect your website
Nearly all businesses today need a website to communicate with clients and reach them online. A business attorney can help you draft customized Terms of Use & Privacy Policies to protect your company’s website.
Make sure you are in compliance with the law
You must comply with many regulations in order to be in compliance with the law. The business landscape is file with legal hurdles, from zoning to taxes to payroll deductions to permits. A business lawyer will help you identify and overcome any obstacles to ensure compliance. A law firm such as The Finity Law Firm in Orlando Florida can provide more information about business law.
Therefore, it is crucial to ensure that your company is in compliance with all applicable regulations and rules when you launch a new business. A business lawyer will help you navigate the legal hurdles involved in launching and managing a business, as well as identify potential problems before they become serious issues and ultimately help your company succeed.
Business Formation Attorney Can Benefit Your New Business
It can be scary and intimidating to start a new venture. You need to think about the name of your company, the type of business that you want to start, marketing, staffing and many other things.
Although hiring an attorney might not be your first thought, it is worth considering moving this task to the top. It can be like hiring a plumber. You only hire them when you have a problem, but hiring an attorney to help you plan your business will save you a lot of trouble down the line.
These are just a few of the many ways a business formation attorney can help you.
- Choosing a Legal Structure The most popular types of business structures are the sole proprietorship, limited liability corporation (LLC), partnership, and corporation. There are special versions of certain types of these structures. Consider the financial benefits, tax structure and liability protection of each type. An attorney can help you discuss your business plans and help you decide which structure is right for you.
- Corporate Governance While you know you need an attorney to incorporate your company, if you decide to do so, you might not realize that an attorney can also help you keep your corporation’s status. An attorney will ensure that you comply with all state requirements regarding corporations. Failure to do so could lead to a lawsuit or another legal action.
- Permits and Licenses: If you intend to sell goods in Florida you will need to register your company with the Department of Revenue. You will need many more licenses and permits. Failure to obtain these licenses or permits can make it difficult for your business to get off the ground. A business lawyer can help ensure that you have all the licenses and permits that your new business needs.
- Intellectual property: Many business assets require legal protection such as the company name, logo and distinctive goods and services. These items may be eligible for copyright protection. A business formation attorney can help protect your assets. You may also be eligible for trademark registration or patents on other items. However, you might not realize that your assets require protection until it is too late.