Got A Bright Idea?
It takes one thought to create an idea and one idea to change a life. Here, at Jurado & Associates, P.A. we represent small businesses and entrepreneurs in their comprehensive business formation needs and we exert to make your idea become reality. The best kind of advice you can get is seeking the advice of a business lawyer to decide what is the best entity to form, grow your business, and protect it. Jurado & Associates, P.A. offers that and strives to give you more. Our business is helping your business succeed.
Our firm can assist business clients in acquiring a property, either through a lease or by buying and negotiating the financing for that property with the bank or other lender. We work in close conjunction with accountants to ensure the business formation is completed in a manner that is tax-efficient for our client. We can help you distinguish what type of business entity you wish to form, whether as a corporation, partnership, limited liability partnership (LLP), or limited liability company (LLC), and ensure that the proper documents are filed with the state and the IRS, and advise you with respect to legal advertising requirements:
- Articles of incorporation
- Shareholder agreements
- Partnership agreements
- Buy-sell agreements
- Confidentiality agreements
- Restrictive employment agreements
- Non-compete agreements
- Severance agreements
Starting a business in Florida is a serious undertaking. When starting a business, you will be making a big number of decisions at every stage in the process that will have a great impact on the future of your new company. Here are 7 crucial steps you will need to take:
Step 1 – Create a Business Plan
An experienced Business Lawyer will be able to help you create a solid business plan for your business, as well as point out potential legal issues and develop solutions for those issues before they become a problem.
Step 2 – Choose a Business Structure
Before starting a business, you must decide what type of business it is going to be. The business structure you choose gives you the rules, regulations, and legalities that will define your company throughout its existence. The most common business structures in Florida include:
- Sole Proprietorships
- Limited Liability Companies
Step 3 – Name Your Company
Although most people would think of this as the logical first step when starting a business, technically speaking, the business structure you choose will have an effect on your company’s “official” name, as it will be used on all official state and federal documents and applications.
Step 4 – Establish the Legal Entity
Once you have decided on the legal entity that will best fit your business goals and chosen a name for your company, you are ready to start putting together all the necessary paperwork you will need to file in order to form the legal structure.
Step 5 – Register Your Business
All organizations in Florida are required to be registered by filing official legal documents with the Secretary of State. However, registering your company does not mean it is properly formed. Registration only means that you have met the minimum requirements for a business to be formally recognized as a legal entity.
Step 6 – Register for the New Hire Program
Businesses are required by law (statal and federal) to report newly hired employees to the Department of Revenue (DOR). You will find all the information on how to report it on the Florida Department of Revenue, because it’s a critical step for your business to operate legally in the state.
Step 7 – Obtain All Required Licenses and Permits
When starting a business in Florida, depending on the type of services you provide or the type of products you sell, you may be required by law to obtain special county, city, state, and federal licenses and permits.
Work with Jurado & Associates, P.A.
We are committed to providing each client with thorough and knowledgeable representation as expeditiously and cost-effectively as possible, without cutting corners. Remember that our business is making yours succeed.
If you need legal help, please give Attorney Romy B. Jurado, Esq. a call today at (305) 921-0976 or send an email to Romy@juradolawfirm.com to schedule an initial consultation.