Starting your journey as a business owner can be incredibly daunting. Before you worry about capital raising, staffing, and profit margins, you will first have to make important decisions about your business’s legal structure. You will also have to navigate time-consuming bureaucratic processes to register your business.
Having a trusted business law attorney by your side every step of the way is critical to ensuring that your business is appropriately structured and legally compliant. With a good legal advisor assisting you, you will be relieved of a significant administrative burden, allowing more time and energy to focus on getting your new entrepreneurial venture off the ground.
Setting Up An LLC In Coral Springs
We are frequently asked to assist clients in selecting a business structure that will best suit the enterprise’s particular needs. The Limited Liability Company (LLC) is a particularly common choice, and for good reason. The LLC is one of the more flexible business structures available. It allows for pass-through taxation and is well-suited to small business owners who wish to keep their personal and business assets separate. It also offers protection from personal liability.
LLCs can have up to 35 members, so they are also ideal for business owners looking to grow their operations in the future. While it is possible to register an LLC yourself, a reputable business law attorney can help prepare the necessary documentation, advise on the selection and registration of a business name, appoint a registered agent, and draft the Articles of Organization. This helps ensure that you’ll be building your business on sound legal foundations.
At the law offices of Gary I. Handin P.A., we have advised the registration of countless LLCs and will gladly assist you in establishing yours.
The Formation Of Corporations In Coral Springs
While LLCs are a popular option, there are many other business structures available, including corporations. If you intend for your enterprise to have a close-knit management structure and want to restrict ownership of the business to a small group, a corporation could be the right structure for you.
Forming a corporation requires serious thought and planning, as there are a number of significant decisions to be made. These include considering and planning for the tax implications of the corporation structure, and deciding how to structure your stock. It is highly recommended to seek the advice of a business law attorney before making these decisions.
We at Gary I. Handin, P.A. routinely advise clients on the incorporation of their businesses and have an in-depth knowledge of the filing and registration processes. With our business law expertise behind you, taking that first step towards forming your corporation has never looked so easy.
Obtaining Sales Tax And Federal ID Numbers In Coral Springs
Incorporating your business is the first of several administrative processes in order to get your operations up and running. Unfortunately, many of these processes can be time-consuming and frustrating for the uninitiated.
Give yourself one less thing to worry about and allow the team at Gary I. Handin, P.A. to assist you in obtaining your federal ID and sales tax numbers quickly and painlessly. You’ll need your federal ID number (also referred to as an Employee Identification Number) for taxation purposes. You will also need to open a business bank account. We can also help you obtain your sales tax number from the Florida State Department of Revenue, so you can get your operations running as soon as possible.
Advising On Stock Issuance And Capital Raising In Coral Springs
There are many stages in a business’s life cycle where having a business law attorney on hand is indispensable. One of these is when you’ve reached the point of being ready to expand your enterprise. Whether you’re planning to issue securities to raise capital, or are seeking to boost employee investment through a stock option scheme, expert legal advice is critical.
There are a number of strict legal requirements to be met, which requires carefully considering the implications that stock issuance will have for the ownership and structure of your business going forward. We’re here to navigate these unfamiliar waters with you and help ensure that your business goes from strength to strength.
Drafting And Reviewing Business Contracts In Coral Springs
Negotiating and entering into agreements is one of the everyday tasks that comes with running a business. While some contracts are fairly standard, others may be fairly complex and have significant consequences, especially if something goes wrong.
Whether your business is looking to enter a lease agreement or take out a loan, having a business law attorney with expertise in drafting and reviewing commercial contracts by your side is vital. We at the law offices of Gary I. Handin, P.A. are here to make sure that your business’s best interests are taken care of before you sign on the dotted line.
Business Law Attorneys In Coral Springs, Florida
The law offices of Gary I. Handin, P.A. have a long history of assisting clients with their business law needs. With over 50 years of diverse legal experience under his belt, our leading business law attorney is well-acquainted with a wide variety of business structures and their specific requirements. We also have extensive knowledge of the administrative procedures that need to be followed to establish a business in Coral Springs.
Our legal team and dedicated support staff have a proven track record of outstanding client service and are ready to assist you as you begin your business journey. Whether you’re facing a contractual dispute, are looking to grow or sell your business, or need agreements to be drafted, we’ve got you covered.
Give us a call today at 1-877-815-4560 to find out why we are the law firm of choice for businesses in Coral Springs.