An operating agreement is a contract that controls your LLC’s operations as well as member interaction with each other and with the LLC. You may think that an operating agreement is not necessary for your single-member LLC – after all – why make an agreement with yourself?
Many businesses prefer to hire independent contractors because there’s often less overhead and fewer expenses (i.e. taxes). However, classify an employee as an independent contractor and you’re in big trouble. Here’s how to legally differentiate between the two. Who Controls the Worke
Who is on your business team? This question speaks volumes as to the success of a business. Having a business team in place of highly qualified professionals such as a banker, lawyer, accountant, and insurance agent can help increase the success and profitability of your business. Fro
“Business and friendship don’t mix” is advice that many experienced business owners give to new entrepreneurs. It’s more than an old cliche, though. Statistically, business ventures that involve the partnering of friends have a higher failure rate in comparison to other business part
Last year, Florida overhauled its limited liability company laws. These changes were needed and welcomed – the Legislature unanimously passed new Chapter 605 of the Florida Statutes. But the new law is complex, and staggered effective dates add a layer of potential confusion. Now, mor