How to Start a Non Profit in Florida
How To Form A Florida Nonprofit A Nonprofit Corporation is a type of business entity designed for groups who are formed for a purpose other than monetary gain. The types of organizations that usually become nonprofits include charities, sporting clubs, political organizations, religious groups, and educational …
How To Form a Florida Partnership
If you are starting a new business, one of the first decisions you will make is choosing an appropriate business entity for the enterprise. Businesses in Florida can register as a corporation, limited liability company (LLC), partnership, or sole proprietorship. Each entity has different advantages …
How to Form a Florida Benefit Corporation
A Benefit Corporation is a relatively new type of corporate structure available to businesses in Florida. It is a for-profit corporate entity designed for businesses that operate in a way that benefits the public. Any business whose mission is to have a positive impact on …
Converting to (or From) an LLC
Converting to (or From) a Limited Partnership to LLC Businesses can expand and change at a rapid pace. The structure that fit at the time you started your business may no longer fit. If your business is expanding at a fast pace or needs capital …
Limited Liability Companies Compared to Corporations
Limited Liability Companies or LLCs Compared to Corporations Corporations and LLCs are similar when it comes to not having to worry about unlimited liability when starting your business. When it comes to creating the LLC state laws give some advantages to LLCs over corporations. LLC …
LLCs Compared to General Partnerships and Sole Proprietorships
LLCs Compared to General Partnerships and Sole Proprietorships Compared to general partnerships, and sole proprietorships LLCs offer the best benefits. Most partnerships and sole proprietorships switch to LLCs because they offer more advantages. Advantages of an LLC The main advantage an LLC has over general …
What is An EIN and Why is it Important?
What is EIN? An EIN is a unique nine-digit number that you obtain from the IRS for tax purposes. It is a number that identifies your business. Business owners need to have an EIN. It is needed for a variety of things such as filing …
Frequently Asked Questions About LLCs
Here are the answers to the most common questions our clients ask us about forming an LLC in Florida. Q. What Statute is the Limited Liability Company governed by in Florida? LLCs in Florida are governed by the Florida Revised Limited Liability Company Act. Q. …
LLC v. S-Corp
We get a lot of clients who come to us form an “S Corporation.” They are often surprised to hear that there is no such thing as forming an S Corporation, also called an S Corp, in Florida. This type of corporation is an election …
Advantages and Disadvantages of Florida Non-Profits
Non-profits are a popular option for many entrepreneurs in today’s economy. As more people are becoming aware of societal needs their desire to look into alternative forms of corporate structure to promote their cause. Social enterprises are growing in Florida and serve a good cause …
Introducing Entity Guard
