Entrepreneurs in Fort Walton Beach may find that getting loans guaranteed by the United States Small Business Administration is a compelling financing option. An SBA loan may be the logical choice small businesses that require funding. It has competitive terms and...
Business Law
Understanding non-competition agreements
Companies in Florida and throughout the United States may ask that workers sign a non-competition agreement. While they may be valid if properly constructed, courts often see them as an impediment to workers after they leave their current employers. Generally...
Using convertible notes
Entrepreneurs in Florida who are interested in different ways to fund startups may consider using convertible notes. These notes are debts that change into equity when fundraising rounds take place.One of the primary advantages of convertible notes is the simple way...
Start up companies need to budget and prepare for debt
Entrepreneurs in Florida focus on their goals, but, realistically, debts will pave the path to their success. New businesses generally do not make a profit for three to five years. Until then, bank loans, credit cards and investors will supply the money to launch and...
Sales and revenue more important than perfect business launch
The demands of starting up a new business in Florida can easily pull a founder in many directions. Entrepreneurs often strive for perfection when launching a business. Time invested on designing a logo or crafting a marketing message matters, but nothing replaces the...
Estate planning for the business owner
With the baby boomer generation at or near retirement age, the time to consider a business succession plan is here. Estate planning for business owners in Florida is a more complex matter than for a lifelong employee or wage earner because unique issues must be taken...
Business owners can plan for the future
Business owners in Florida may wonder how best to plan for retirement and the future, given that members of the baby boom generation own over 12 million private businesses across the country. As members of this generation reach retirement age and above, this can bring...
Small businesses see improved financing opportunities
For small businesses in Florida and across the United States, securing financing is an important part of ensuring ongoing operations or expanding services. In 2018, small businesses with less than $5 million in annual revenue are finding more success in securing...
The legal journey of a startup business
When you have the idea to form your own Florida business, you may not be aware of all of the legal details that can go into creating a corporation. For example, starting a company requires incorporation, with all of the documents and paperwork that are involved. There...
Answers to some common business formation questions
Small businesses are the backbone of the U.S. economy. One impression readers might have from that statement is that it must be very easy to get a business up and running. But experienced Florida business law attorneys will surely agree that is not the case. There are...