When Should You Choose a C Corporation Over an LLC?
Friday, May 13
With a wide variety of choices — sole proprietorship, partnership, limited liability company (LLC), S Corporation and C Corporation — business owners must weigh their goals and future interests when choosing a business entity.Many business owners opt for an LLC because of the flexibility this str...
The Right Way to Discipline or Dismiss Employees
Wednesday, May 11
What can make it easier for you — and pose less risk to your company — is to have a proper process in place to ensure your compliance with the manystate and federal laws that protect employees.Tips for Dismissals and Disciplining EmployeesThe following tips will help you establish a procedure for...
How to Save the Family Business for the Next Generations
Tuesday, May 10
With only 12 percent making it to a third generation. Research on family-run businesses has identified five key factors that ensure longevity:A willingness to reinvent. A key trait of family businesses that thrive through generations is a willingness to reinvent themselves, either through new pro...
Special Considerations for Commercial Leases
Sunday, May 08
Complex Fee StructureWhereas residential leases generally only charge a monthly rental fee and late fees, commercial leases may have several fees including: (1) monthly rental amount; (2) CAM (or Common Area Maintenance) fees which are charged to tenants in shopping centers, office parks and othe...
What Landlords Need to Know About the Florida Eviction Process
Saturday, May 07
Three-Day Notice RulesIn order to seek eviction, the landlord must give the tenant a three-day notice of eviction, also known as a 3-day notice to pay rent or relinquish the property to the landlord. Under Florida law, the notice must be in writing and include the following statement:“You are he...
The Difference Between Condos and Co-ops in Florida
Thursday, May 05
As a premier vacation and retirement destination, Florida has plenty of condominiums in nearly every community. While standard fare in places like New York, cooperatives (“co-ops”) in Florida are relatively rare.Here is what you need to know about condos vs. co-ops:Florida CondominiumsCondos in F...