March 2016

As a director or officer in a corporation, there are many duties you must live up to. Chief among these is the duty of good faith. The duty of good faith stands for the principle that directors and officers of a corporation, in making decisions in their capacities as corporate fiduciaries, must act with a […]

If you are incorporating in Florida, you must, by law, choose a registered agent for your corporation. The name of this person must be included in your corporation’s articles of incorporation. The importance of an agent cannot be understated. The purpose of the agent is to receive legal documents on your corporation’s behalf. If your

The first thing to keep in mind regarding the valuation of a business is that there are many different methodologies for valuation. Some methods may weigh income more heavily as a factor, while others may look more closely at “market value” based on other similar assets that have been sold recently. A company’s valuation could

When starting your small business, there are many important steps involved. Chief among these is preparing and acquiring the proper documentation. There is no one definitive answer as to what documents are needed to properly run your small business. Rather, it depends on the business type you seek to start. Options for a business form

As owner, director, or office in a company, you undertake many transactions to further your business. In doing so, you often enter into contracts with outside parties. These parties may be from anywhere–whether they be international, national, or local. When contracting with a company, whether it be the first time or for the hundredth time,

Incorporation is one of the most important and beneficial steps your company can take. It entitles you to special tax treatment, as well as the desired limited liability whereby your personal assets are not subject to any suit. However, incorporation is a tricky procedure. It requires strict compliance with state statutes. In Florida, for example,

Incorporating is a major step for any business. It comes with many benefits, and chief among those benefits is new powers that your company otherwise may not have. With these new powers comes great additional benefits. If you have recently incorporated, it is important to understand what your corporation is capable of doing. One such

Hiring an agent has exponential benefits, including efficiency and expertise. However, with hiring an agent comes added liability. Courts often treat agents as an extension of the principal company that hired them and therefore impose liability on the principal as though it were the party acting itself. In these scenarios, however, third parties may be

What are agents? Hiring agents has huge benefits for your company. An agent, in essence, is either an employee or outside party that a company hires to carry out tasks or act on its behalf. It promotes efficiency and allows others with expertise to impart that expertise on behalf of your company. However, with agents

Hiring an agent to act on behalf of your company has many benefits. It promotes efficiency, and allows others who may have an expertise in certain fields to use that expertise to the company’s advantage. However, when hiring agents, your company may be exposed to more liability. This is because courts often equate an agent