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Protect Your Business – Why to Put Agreements in Writing

In the world of business agreements, assume ink beats speech any day. In this blog post, we’ll explore three of the key reasons why having written business agreements is important for protecting your business, rather than relying on oral understandings. The Uncertainty of Verbal Agreements Written agreements provide a level of certainty that verbal agreements […]

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Personal Liability Protection Tip for Business Owners: Observe Formalities

Observing Formalities In our prior post, we shared a tip that can help business owners try to protect themselves personally from potential liabilities in business matters, signing for the entity. Here, we share another tip with the same goal in mind – observe formalities. Whether you’re dealing with a corporation or an LLC, following the

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Personal Liability Protection Tip for Business Owners: Sign on Behalf of the Entity

Shielding Business Owners: The Key to Personal Liability Protection Running a successful venture involves safeguarding personal assets. This post explores a pro tip that may make a difference – signing contracts and obligations exclusively on behalf of the entity. Doing so can help business owners protect themselves personally from potential business liabilities. The Power of

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Attention Florida businesses – Have you filed your annual report?

Have you Filed your Business Annual Report with the Secretary of State yet? Time is Running Out Don’t miss the May 1st deadline – Any profit corporation, limited liability company, limited partnership, or limited liability limited partnership annual report filing will have until 11:59 PM EST on Monday May 1, 2023, before a $400 late

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Drafting Effective Contracts for Generative AI: Tips for Small Business in Florida

Drafting Effective Contracts for Artificial Intelligence Artificial intelligence (AI) is a hotly discussed tool lately and businesses in Florida are looking to use AI to increase efficiency and gain a competitive edge. It’s important that the contracts governing the use of AI are carefully drafted, whether a business develops its own AI or licenses it

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Limited Liability Limited Partnership in Florida: Breaking Down the Basics

The Limited Liability Limited Partnership in Florida A Limited Liability Limited Partnership (LLLP) is a business entity choice in Florida, particularly for businesses that want to limit the liability of certain partners while still allowing them to participate in the business’s management and decision-making. But what exactly is a LLLP, and how can it benefit

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Florida limited liability partnerships

Limited Liability Partnership in Florida: A Primer

Understanding Limited Liability Partnerships in Florida A limited liability partnership (LLP) is one way of operating a business that is available in Florida. Limited liability partnerships in Florida are created under Sections 620.9001–620.9003, Florida Statutes, which is part of the Revised Uniform Partnership Act of 1995 (RUPA). In short, a limited liability partnership works like

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