If you are about to engage in business formation in South Florida, you are no doubt excited about the possibilities that await you. Nonetheless, probably aware that a great many businesses fail during their first year, you are also entitled to feel a bit of anxiety. The best way to proceed and protect your best interests is to contact the highly capable business formation attorneys at Perez Mayoral, P.A.
Both of our founding attorneys, Erik Perez and Michael Mayoral, are sharp business attorneys with a comprehensive knowledge of business law and extensive experience in commercial matters. Both know how important it is to draft and execute documents pertaining to business formation properly so that they address all relevant issues in order to avoid future difficulties.
Whether you are creating a startup, merging with another established business, looking to incorporate your company, or seeking growth opportunities, our business formation attorneys can guide you in developing and implementing a well-crafted business formation plan.
Steps We Will Take to Help Your Business Formation
Our business formation lawyers are well-prepared to take the following steps to assist you:
- Help you determine which business entity is appropriate for your needs
- Draft all necessary documents, review and execute them
- Provide ongoing counsel relative to all legal matters
- Help you achieve your business goals
- Assist you in dealing with any conflicts or legal challenges that arise
When you are starting a new business, having insightful legal representation is invaluable. You can depend on our savvy business formation attorneys to help you form a business designed to grow and thrive.
Factors to Consider During Business Formation
Founding and building a successful business depend on providing a needed service or commodity and protecting your assets, both business and personal, from legal snags and tax liabilities. Our legal team will help you evaluate:
- Your business objectives
- Your investment capital
- Your start-up costs
- Your competition
- The pros and cons of your location
- The size and duties of your staff
- Your technological needs
Which Type of Business Structure Is Right for You?
Once the above factors and others pertaining to your particular enterprise have been considered, we will be able to recommend the most suitable structure for your new business. There are many options, including:
- Subchapter C corporation
- Subchapter S corporation
- Limited liability company (LLC)
- General partnership
- Limited partnership
- Business Trust
These business structures vary in their protection from tax liability and exposure to potential lawsuits. The ease and flexibility in the way your business can operate will also be affected. This is why it is essential to proceed judiciously, always with proper legal support.
Once you have determined which structure is best for your business, our lawyers will carefully draft and file all necessary documents, such as articles of incorporation, bylaws, and an operating agreement. We will also assist you in meeting state and local licensing and registration requirements.
Our Attorneys Will Also Draft Other Important Business Agreements
Every business has unique elements. Depending on the way you have chosen to structure your business, your will need certain of the following documents to protect your company not only at the outset, but as it grows and changes:
- Buy-Sell agreements
- Employment agreements
- Non-disclosure/non-compete agreements
- Operating agreements
- Partnership agreements
- Service agreements
- Shareholder agreements
Our business formation attorneys are adept at drawing up such agreements to delineate working relationships and define the rights and obligations of each party.
Legal Issues Involving Employment Law
In recent decades, employees have earned an increasing number of legal rights in the workplace and it is imperative that employers understand these rights and are in full compliance with current state and federal laws. One of our jobs as your attorneys is to make sure this happens.
We will school you in all federal and Florida state laws concerning discrimination and harassment and make certain that your business is set up to ensure that no employment decisions (e.g. hiring, firing, salaries, benefits, termination) will be made based on protected characteristics, like age, race, gender, color, national origin, religion, or disability.
We will also assist you in:
- Establishing practices that guarantee compliance with minimum wage requirements and overtime pay for nonexempt employees
- Guiding you to create employee handbooks that spell out all terms and conditions of employment so that you and your staff are all on the same page when it comes to acceptable conduct, discipline, work schedules, employee benefits, discipline, and termination
Our Legal Role Is to Provide Comprehensive Support to Your Business Formation
Whether you are considering expanding your newly formed business or becoming a shareholding company, our business formation lawyers are here to help. If you require assistance protecting your intellectual property (IP) — e.g. patents, trademarks, copyrights — from competitors or workers who have left your employ, you can depend on our legal skills to put you at a distinct advantage.
How We Help You Deal with Business Disputes
Disputes are as inevitable in business relationships as they are in personal ones, but Perez Mayoral is here to help you resolve them through simple negotiations, arbitration, or mediation wherever possible. If a particularly difficult situation leads to unavoidable litigation, you can rely on our courtroom skills to fight vigorously to defend your best interests at trial.
Contact Our Experienced Business Formation Attorneys Today
At Perez Mayoral, we are dedicated to making your newly formed business a success. We have the tools and skill set to make the foundation of your company strong. We also have the determination to continue working to help you realize your goals. Once we commit to you, we will provide you with unflagging legal support. Contact us now.