Legal Planning for Florida Business

Whether you’re managing a new company in Florida, an already established out-of-state company looking to relocate, or even a foreign investor starting your venture in the Sunshine State, creating a business plan is critical for giving your business the best chance of success.

As leading Florida business planning attorneys, our job is to help your company uncover its strengths and weaknesses and create a dynamic game plan to follow going forward. We dig deep into regulatory and legal issues that may affect your business now, or in the future, to help avoid risks and seize opportunities.

Experienced Attorneys to Guide You Through the Florida Business Planning Process

In today’s environment, business owners have to be more cognizant than ever of the many different risks facing their businesses. From the moment you open your doors, you will unfortunately subject yourself to a number of different liabilities.

What is a liability?

A liability is something that you are legally responsible for. For business owners, the “big 3” liabilities usually include general liability, professional liability, and product liability. Within these three areas are where the majority of claims against businesses arise.

Having a solid insurance plan in place is just one way that a savvy business owner can help give their business a better chance for long-term success. Steps like securing business insurance may seem like a no-brainer, but insurance contracts can be difficult to understand what is and isn’t covered. That’s where going through the process to create a business plan with an experienced business lawyer helps a business owner methodically outline each area of their business to give each its own plan for success.

Our attorneys take the time to get to know your business and the industry so that we can provide you with the best business plan possible for your unique situation.

Start-Ups: Business Planning for Entrepreneurs

Planning a new business startup is an intensive process and no one should have to go through it without business legal counsel. Therefore, our business attorneys can evaluate your company’s business planning ideas, and help assess what business entity type and growth strategies best fit your needs. Additionally, as an intellectual property and technology-focused firm, we have the experience to help manage and protect your intellectual property assets at the formation stage to help avoid unnecessary IP issues after the company becomes successful. Similarly, our firm can help draft, negotiate, and review contracts indispensable to the start-up process and help protect the company while in initial growth stage.

We help new business startups with the following important legal considerations:

  • Business plan review and consultation
  • Identifying best business entity formation structure
  • Non-Disclosure Agreement (NDA) drafting and review
  • Safeguarding trade secrets
  • Securing intellectual property assets
  • Drafting and reviewing business agreements

How We Help You Create a World-Class Florida Business Plan

From the opportunity statement through financing, a solid business plan from an experienced attorney is going to be straightforward and easy-to-follow. Having a business plan that only collects dust on the shelf is of no use, which is why our business planning process was designed to provide you with a useful tool from day one.

Creating the Best Environment for Your Business to Thrive

When you’re first starting out, especially for foreign owners looking to start a business in Florida, all the steps that need to occur to have a legal business can seem daunting. Our team takes time during the initial business planning phases to really understand your existing situation to help recommend the best course of action.

Things like setting up an LLC vs. a corporation, understanding commercial leases (Florida Landlord Tenant Law), and drafting contracts all have legal considerations that need to be weighed carefully with an experienced business planning attorney.

Getting the Best Rates on Startup Loans

Financial planning is arguably one of the most important steps needed for a successful business. Most owners seek some form of startup capital. Whether that’s as a loan from the SBA or a private bank, the loan agreement outlines all of the terms for the business to repay the debt over time.

But how do you know if you’re getting the most favorable terms for your business loan? Our business attorneys know what to look for within your loan agreement to make sure the terms are ideal for your given situation.

Making Sure You’re in Regulatory Compliance with Proper Licensure

As experts in Florida business law, our team knows the best ways to navigate setting up and running a business within the Florida regulatory environment. There are many different governing authorities at the local, state and federal levels that have requirements for certain types of business to operate. Local ordinances requiring specific permits, the state requiring current licensure, or any number of other regulatory issues can all affect your company’s ability to operate.

Our Florida business lawyers can help guide you through regulatory hurdles like permitting and licensure to ensure your business remains in compliance. Certain locations may also have increased regulatory requirements for manufacturing, distribution, and/or importing and exporting. Our attorneys help you navigate all the regulations affecting your business so you can focus on growing your business.

Protecting Intellectual Capital

When you’ve got a great concept, product or service, it’s important to take steps to protect your intellectual property. Having a business lawyer well-versed in intellectual property law helps preserve your interest in your unique design and make sure you retain this competitive advantage for as long as the law allows. Experienced business lawyers can help with things like getting a trademark.

Growing Your Business

Our business planning attorneys are right with you every step of your business’s growth to help you achieve the best results. We provide business growth legal counsel with things like getting a permit for additional space, reviewing contracts, and helping you get favorable lending terms.

Established Businesses: Business Planning for Continuity & Growth

Even after a company has been in operations for time, it is important to recognize that obtaining legal help to review your business, intellectual property, and governance practices can significantly reduce risk and enhance value. Our law firm’s experience in advising business owners can significantly impact all stages of business. Often, our comprehensive business review may uncover intellectual property that should be registered or protected. As a result, we also assist you in leveraging your assets more fully to help in securing more corporate financing as well as in finding better investment opportunities for your future business growth.

Our business planning services for more operating businesses include:

  • Due diligence review
  • Drafting custom employment contracts
  • Intellectual property strategy, management, enforcement
  • Information technology business planning
  • Corporate financing related services
  • Software and IP licensing
  • Business to business agreements (B2B)
  • Franchising
  • Buy-Sell agreements
  • Corporate succession
  • Business insurance advice

Business Planning for Succession

One of the most important steps within the business planning process is succession planning. Our business lawyers help you uncover areas of vulnerability so you can take steps to lessen any potential impacts. Business succession requires a plan for continuity, which encompasses everything from personnel to equipment.

Examples of issues that may face a business at some point include:

  • Losing key employees/loss of intrinsic knowledge.
  • Experiencing a loss event (fires, floods, and other perils) and negotiating with an insurance adjuster.
  • Transfer of ownership.
  • Contract disputes with vendors/suppliers.
  • E-commerce regulatory restrictions.

Each of the above examples requires a careful and practiced review of the governing documents (contracts, Policies & Procedures, legal statute, etc.) in order to develop a plan of action. On any issues like these, we’ll deep dive with you to come up with a real-world strategy to preserve the legacy of the business you’ve worked so hard to build.

Business Planning for Dissolution

There are important steps to ending a business, which is often referred to as the winding-down process. Therefore, missing steps can potentially create legal ramifications for the owners long after the entity ceases to exist. However, our business attorneys provide consultation to dissolve a business legally and properly, taking into account the important aspects related to the specific entity.

In planning for dissolving a business entity, we also offer the following legal services:

  • Due diligence of business assets
  • Settling creditor claims
  • Ensuring tax requirements and filings completed
  • Proper division of assets
  • Proper compensation for contributions
  • Preparing internal company dissolution documents
  • Filing dissolution certificate with state department

Set Up a Business Planning Consultation

Protecting our client’s interests in business is what it means to be a trusted leader in Florida business law. With an entire team of dedicated professionals, we help Florida businesses maximize their potential by minimizing the risks they face. Schedule a consultation today to start your Florida business plan.