Protecting a business is one of the most important concerns of owners who understand the need for a comprehensive evaluation of what potential problems could arise in daily operation. For brick-and-mortar businesses, that concern normally includes a review of general business insurance protection and making sure all legalities regarding government requirements are met. Many businesses operate on contracts that set the terms of their business relationships with clients; having proper protective and definitive language in those contracts can be vital. This can be especially important for service businesses that offer advice and information as part of the business product, often requiring additional insurance protection for errors and omissions. New business startups also have considerations regarding what business structure they may need, such as choosing between a sole proprietorship, partnership, or limited liability company. Regardless of the type of business, it is always best to consult with an attorney early in the business establishment process and for when problems occur.
Business Structure
All businesses have a set business structure that designates who is in charge of the operation. Many businesses are operated as a DBA using a company name, but the actual responsible party is the owner or partners. There are various types of business licensing that may be required locally based on the type of business, but one of the most important aspects of this assignment of authority and responsibility will be payment of taxes and registration with the IRS and local government agencies. These documents should all be prepared with consultation from Miami business attorneys who can pinpoint all necessary steps to protect the operation.
Employment Agreements
All businesses rely heavily on their employees. Some companies will hire individuals as company employees with full benefits and competitive salaries, while others may opt to retain employees based on independent contracts that govern the nature of the working relationship. Both types of employment structure can present specific legal issues and knowing which one is best for a business often takes input from a legal professional like the business counselors at Buchalter, Hoffman & Dorchak.
It is rarely a good decision to operate a business without advice and representation from a business attorney who knows what to anticipate for your particular business. Southern Florida business operators should contact Buchalter, Hoffman & Dorchak, Miami business attorneys for a full evaluation of your company legality needs.