Business Authenticity: Five Key Leadership Qualities That Show You Walk Your Talk In today’s hyper-connected world, people don’t just buy the products you sell. They’re buying how you do it, what you believe, and who you are—and they can spot a fake from a mile away. Whether you’re a small local company or an established brand, business authenticity can be …
Private Foundation Rules and Warnings for Business Owners
Private Foundations: Rules, Procedures, and Warnings Every Business Owner Should Know Now that you’ve built a successful business, what better way to perform long-term charitable activity than by establishing a foundation? Giving money where and when you want it to go—and letting it grow tax-free in the meantime—it’s a win for everyone. Or, it should be. As a recent example …
10 Steps to Starting a Small Business in South Florida
Entrepreneur’s Guide to Starting a Small Business in South Florida One of the most frequently asked questions we get, indeed almost daily, is about starting a business in South Florida. How is it different? What are the steps I need to take? How do I even begin? So, we decided to write an Entrepreneur’s Guide to Starting a Business in …
Florida Business Entity Types: A How-To Guide
Entrepreneur’s Guide to Choosing the Right Business Entity in Florida There are several business entity options available to Florida entrepreneurs. Corporations, partnerships, LLCs, and sole proprietorships all have unique benefits and requirements under the law. So, how do you choose the best one for your new business venture? Choosing the right legal structure is one of the four pillars of …
How to Renew Your LLC in Florida: Tips to Help You File Your Annual Report
Renewing your business entity status is crucial to maintain the legal status and operational continuity of your business. As a corporate lawyer and small business owner, I want to share some information that will help you renew your LLC in Florida this year (and every year) and offer a few insider tips to make the process go more smoothly. Which …
How to Set Up a Florida LLC for Your Small Business (Without Mistakes or Delays)
The day you set up a limited liability company (LLC) is like your business’s first birthday. It’s big enough to stand on its own, growing bigger by the day, and facing challenges it’s never met before. However, mistakes lurk around each corner of LLC formation in Florida, so we’re here to help you get it right the first time. What Are …
Lady Bird Deed vs Quit Claim Deeds: How to Pass on Real Estate in Florida
You probably know deeds are legal documents that transfer legal ownership of an asset from one party to another. However, you might not know that there are a myriad of deeds used in each state, each with different powers and limitations. The one you need depends on when and how you want to relinquish control of a property. For example, …
The Corporate Transparency Act: What Business Owners Need to Know
There’s a new standard in place for virtually every company incorporated or registered to do business in the United States. Beginning on January 1, 2024, all legal entities and organizations are bound by the Corporate Transparency Act, which requires them to disclose information about their owners, officers, and controlling persons. Read on for an experienced business attorney’s recommendations on compliance with the new …
How to Make Your First Million Dollars in 10 Easy Steps
What do millionaires have in common? It isn’t six-figure salaries, trust funds, or their bank balances—it’s the rules they follow to meet their goals. The truth about how to make your first million is surprisingly simple: save early, invest wisely, avoid debt, and keep track of every dollar you spend. No matter where you’re starting, a disciplined strategy significantly increases …
5 Estate Planning Tools for Small Business Owners
If you’re a small business owner, estate planning might be the last thing on your mind. The day-to-day running of the company is likely filled with payroll concerns, marketing metrics, and attracting the right kind of talent to boost your growth. Unfortunately, many small business owners who put off estate planning don’t realize that they’re putting everything they’ve worked for …