How to Make Changes to a Florida LLC
All of us have to adapt and change in response to what life throws at us. A limited liability company is no different. Maybe your business moved from Tampa to Saint Petersburg and needs to update its address. Or maybe you need to update your …
LLC Management Structure: Your Options Explained
In a limited liability company, business owners, are called “Members.” The numbers of Members impacts how distributions and contributions will be made as your available tax options. Florida LLCs are either managed by its Members (Member Managed) or by appointed managers (Manager Managed). Regardless of …
LLC Ownership: What to Expect
If this is your first business in Florida, then you’re probably a little unsure about what your day to day life is going to entail as a business owner. This is perfectly natural. LLC ownership comes with a lot of new responsibilities. Running a business …
Limited Liability Company Membership Interest in Florida
A Florida limited liability company’s membership interests are a lot like a corporation’s stock. Both measure an individual or entity’s stake in the business, usually based on their initial contributions. Members can make contributions in money, services (also known as sweat equity), property, or even …
LLC Documents in Florida: The Breakdown
We get it – not everyone enjoys doing paperwork as much as we do. And when you’re starting up your Florida Limited Liability Company, the number of documents and contracts that you’ll need can seem confusing, if not overwhelming. Here are the LLC documents that …
The Florida Operating Agreement: 3 Things to Know
The Florida Operating Agreement: 3 Things to Know Hopefully, you wouldn’t go on a cross country road trip without GPS or a map. Your Florida Limited Liability Company needs to have an Operating Agreement for the same reason. Basically, it defines the business’s structure, management, …
How to Obtain a Free Business Phone Number Using Google Voice
Open lines of communication are essential to running a business. While methods like email and Live Chat services are clearly on the rise, most clients, customers, and other businesses are going to want to get in touch with you over the phone. After all, phones …
4 Things to Know Before Starting a Business in Florida
Your Business Plan While you might have been dreaming of starting a business in Florida for some time now, writing out a business plan is the first step towards turning your ideas into a reality. This document states your business goals and how you plan …
5 Tips to Avoid Florida Small Business Lawsuits
Small Business Lawsuit Prevention No one wants to be sued. While many business owners know about the liability protections that certain business entities can offer, these protections are not absolute. You’ll want to take care of a few more things if you want to minimize …
Good Delegation: 8 Helpful Hints
Good delegation is a critical management skill. Just about every entrepreneur knows that being a “business owner” means working multiple jobs. This can be a challenge when first starting out. After all, you struck out on your own to chase your passion, not to play …