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  • Published: April 24, 2012

Are you thinking about hiring an employee for your business, and are wondering whether you should have the new employee sign a contract? Or have you recently accepted a job, and have been asked to sign an employment agreement? If so, you may be wondering how having such an agreement in place can benefit you. An employment agreement is a written agreement between an employer and an employee that lays out the terms of employment. Although employers are not required to have employees sign such documents, it is often a good idea to have a written employment agreement in order…Read More

The Benefits Of Creating A Limited Liability Company
  • Published: April 19, 2012

Before discussing about the benefits part, let’s look at the limited liability company definition. A LLC or limited liability company is flexible format of any business that combines elements of corporate structures and partnership. It is considered to be a legal form of company which renders limited liability to its owners in United States. The LLCs are considered to be a popular choice for most of the small or medium size businesses as compared to any corporation or partnership. Of late, you can find this idea getting very popular in a number of states in United States. You can now…Read More

  • Published: April 19, 2012

Are you owed money, but aren’t sure how to collect the funds? If so, a lien may be an option. A lien is a legal claim to property for payment of a debt. Usually, though not always, the debt is connected to the property, such as a lien against real estate for the payment of property taxes owed. This is a powerful legal tool, filed with the local recorder’s office. What A Lien Does A lien is attached to property, such as a car or house. Once a lien is filed, it can prevent the owner from refinancing, transferring, or…Read More

  • Published: April 4, 2012

If you are considering owning an LLC or corporation in Florida, bylaws or operating agreements are among the first documents that should be drafted for your business. Both by-laws for corporations and operating agreements for LLC lay out important principles upon which the business is to be run. The purpose of the document is to govern the business’s internal operations in a way that meets the business owners’ needs. What Are By-Laws And Operating Agreements? By-laws and operating agreements are decisions made among shareholders and co-owners about how the company should be governed. An operating agreement is the term used…Read More

  • Published: March 22, 2012

Florida corporations have two levels of authority at the top of the hierarchy: the Board of Directors and Corporate Officers. Within the company, an elected Board of Directors hires and supervises all Officers, and all Officers are employees of the company who report to the Board. While both Directors and Officers serve important roles to oversee company operations, these roles have distinct differences. The Board Of Directors Every member of the Board of Directors is elected by the company’s shareholders. Each member of the Board is considered to be a Director. These elected officials oversee company operations, making sure that…Read More

  • Published: March 4, 2012

A Board of Directors is a group of people selected to oversee a corporation. Appointed by the shareholders, Directors of Florida corporations serve to ensure that the company upholds shareholders’ interests. They do so by collectively directing the company’s affairs. The key purpose of a Board of Directors is to ensure the company’s prosperity by directing its activities. The Board has many duties. Board members are charged with responsibilities including establishing the mission, vision, and values of the organization. How does the company view itself? This will guide the company’s growth and set the pace for both current and future…Read More

  • Published: March 4, 2012

What Is A Shareholder Agreement? A shareholder agreement is an internal document that sets out the rights and obligations of company shareholders. It covers important matters concerning the management, structure, and funding of the company. This is a valuable tool for governing a company in order to ensure efficient management and the future success of the business. When Is A Shareholder Agreement Needed? A Shareholders’ Agreement is an important document because it provides the principles upon which shareholders intend the business to be run. Often, a shareholder agreement is drafted when starting a business in Florida. A new shareholder agreement…Read More

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