For prospective business owners, opening a company in Florida can promote excitement and anxiety. Florida offers a prolific environment for all types of business endeavors because of its touristic nature and large influx of people and capital.
Planning and establishing a successful business in Florida requires the guidance of an expert business attorney throughout the entire process for assistance with issues, uncertainties, liabilities, and legal consequences.
Keep reading to discover the top 5 reasons why you need to hire a business attorney in Florida.
1. Drafting Contracts
Every business will need to draft a contract to prevent potential conflict or avoid the risk of liability, like a non-disclosure agreement or a non-compete agreement.
Although contracts in Florida are typically standardized, each circumstance should be assessed individually, and a contract should be tailored to suit each particular situation.
Not only will a business attorney assess the situation and draft a proper contract, they will also:
- Review the details of the contract to ensure compliance.
- Verify that all essential information is included in the contract.
- Provide clarity while confirming that both parties involved in the contract are aware of their obligations.
2. Preventing Lawsuits
To avoid the unpleasant experience of being served with a lawsuit, entrepreneurs should reduce their legal liabilities by hiring an experienced business lawyer.
A business attorney in Florida can assist business owners by:
- Avoiding informal agreements, like “handshake deals.”
- Drafting proper contracts.
- Ensuring compliance with both state and federal employment laws.
- Guiding the business in obtaining proper liability insurance.
All in all, entrepreneurs should be proactive and seek legal guidance before a lawsuit occurs.
3. Choosing the Business’s Structure
It is important to determine which type of business structure best suits your company to avoid unnecessary legal exposure.
An expert business attorney can advise business owners in this process by:
- Evaluating and understanding the business in detail.
- Assisting owners and partners in understanding each business structure and their liabilities, tax obligations, and set-up costs.
- Properly drafting and organizing the required documents.
4. Protecting Intellectual Property
Because intellectual property refers to creations of the mind, there are various types or examples, such as:
- Inventions
- Literary works
- Artistic works
- Designs
- Symbols
- Names
- Images
- Trade secrets
To remain competitive in the market, entrepreneurs must protect their intellectual property. Based on the type of intellectual property, a business owner can file for a patent, copyright, or trademark on both the state and federal level.
An experienced attorney can assist in maintaining the company’s uniqueness and competition by protecting their intellectual property.
5. Reviewing Real Estate Leases and Agreements
Despite your business’s industry, you will need to set up business operations in real estate. There are many options available in Florida for purchasing real estate or leasing space, like office buildings, warehouses, industrial buildings, and other commercial real estate.
Throughout this process, a business attorney can guide business owners by:
- Revising contracts, terms, and agreements.
- Ensuring compliance from both parties involved in the contract.
- Assisting in the real estate assessment and searching for unnoticed issues.
- Utilizing networking and knowledge of the area to assist in finding an adequate place for the business.
Do You Need a Business Attorney in Florida? – We Can Help You
If you are interested in establishing and managing a business in Florida, you need the guidance and assistance of qualified and experienced business attorneys.
At Jurado & Associates, P.A., we have the knowledge and expertise to help you make the best decisions for your business.
Contact us today by phone at (305) 921-0976, by email at [email protected], or by WhatsApp at +1 (305) 921-0976.
