Having an excellent business idea is just one step in launching a venture. Funding for startup costs is another essential part of the puzzle. A microloan from the Small Business Administration, or SBA, may be a viable option for entrepreneurs seeking startup loans in...
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Tips for managing small business’s finances
Launching a profitable business in Florida can feel overwhelming, especially when an individual embarks on entrepreneurship alone. Fortunately, savvy financial management may help make the business creation process easier. Here are a couple of tips for achieving...
Managing the legal side of a business
Becoming a Florida entrepreneur can be exciting but also challenging. Fortunately, understanding today’s legal landscape may give a new entrepreneur a competitive edge. Here are a few tips for navigating the legal aspect of business ownership. Dealing with business...
Including a non-compete clause in employment contracts
As a business owner, you understand how important it is to take steps to protect the interests of your company. This includes making sound financial investments, monitoring the health of your business and ensuring that you have a good relationship with your employees....
Creating a successful business
Launching a business can be an exhilarating yet daunting task for both first timers and serial entrepreneurs. Fortunately, building a thriving business is possible when best practices are followed. Here are a few tips for succeeding as a business owner in Florida....
A look at noncompete agreements in business
Research indicates that almost 30 million employees are required to adhere to their employers’ noncompete contracts, also known as noncompetition agreements or noncompetes. About 38% of American workers will have noncompetes during their careers. Here is a look at...
The importance of your LLC’s operating agreement
If you want to start an LLC in Florida, don't forget your operating agreement. The appeal of this option is the personal protection it offers. At the same time, you won't have to deal with all the formalities that come with other business structures. Why does an LLC...
How do you dissolve a Florida corporation?
Dissolving a Florida corporation is relatively straightforward, and you can provide official notice for a $35 fee. Here are some of the other facts you need to know. Florida business & corporate law Dissolving a corporation with shareholders and a board of...
How to turn your company into a corporation
Many business owners in Florida who have experienced considerable success want to incorporate their venture. The advantages clearly outweigh the disadvantages when all factors are considered. While incorporating may not be a good move for every business owner, it can...
What is the difference between an S and C corporation?
If you want to incorporate your company in Florida, there are a few types of corporations to choose from. An S corporation is a pass-through entity, which means it doesn't pay taxes on income. It pays a salary to employees and individual income tax on the salary. C...