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From the Desk of Our Florida Small Business Lawyers

Where Are the Keys?

By Laurie Lee | April 18, 2017

You’ve just bought a business.  Your business broker has handled the negotiations of the essential deal terms and has probably also helped coordinate the due diligence review. Your small business attorney has handled the legal aspects and has reviewed the...

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IT’S ALL ABOUT CONTROL. Estate Planning vs. Succession Planning

By Laurie Lee | March 30, 2017

We recently had a death in our family, and as a business owner, it has made me stop and think.  Being an attorney, I know the importance of estate planning.  My husband and I have our documents in place to...

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Small business attorney

Do You Mingle or Co-Mingle?

By Laurie Lee | January 17, 2017

No, it doesn’t “all come from the same place anyway”! The biggest legal implication when it comes to managing business finances is co-mingling. When a business entity is formed (LLC or corporation), it comes with a liability shield that protects...

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small business lawyer the case of disappearing shields

THE CASE OF DISAPPEARING SHIELDS

By Laurie Lee | November 1, 2016

A quick check on Sunbiz.org will show you that small business owners are allowing their limited liability shields to disappear.  Are you one of them? Do you file your annual reports on time and correctly? Do you have annual minutes...

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small business attorney the break up

The Break-Up: How to Keep it Simple

By Laurie Lee | September 23, 2016

What happens if your business partner comes to you and says he wants out of the business?  What if he demands that you buy his interest in the company?  What can you do if he’s demanding an exorbitant amount and...

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small business attorney steps to buying a small business

5 Steps to Buying a Small Business

By Laurie Lee | July 18, 2016

Buying a business is both exciting and scary. It’s exciting because of all of the potential that you see and you’ve probably got several ideas on how to improve the business. It’s usually scary, too, because you may not have...

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Small Business Attorney Not Every Hat Looks Good on Me

I Learned My Lesson: Not Every Hat Looks Good On Me

By Laurie Lee | March 22, 2016

Here’s the thing about business owners (myself included): we just need to get things done. We will dig in, figure things out and knock those to-do’s off of our lists. Most of the time, we’re on our own. Sure, we...

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Small Business Attorney Do CoFounders Need an Engagement Ring

Do Co-Founders Need an Engagement Ring?

By Laurie Lee | February 22, 2016

I was recently asked about a founder’s agreement for a new business before they incorporated so I thought this would be a good topic for this month’s blog post. It is possible to have a contract among founders who intend...

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Small Business Attorney Are You Keeping Your Business Legally Healthy

Are You Keeping Your Business Legally Healthy?

By Laurie Lee | January 15, 2016

It’s the start of a fresh, brand new year! This is the time to do a general assessment of your business progress and set goals for the next twelve months. It’s also a time to do some housekeeping – business...

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small business attorney commercial leases

Understanding the Costs of Commercial Leases

By Laurie Lee | November 23, 2015

When a small business owner is considering renting a commercial property (whether it’s an office, retail space or a warehouse), it’s important to know the kinds of payments that will be required. A commercial lease is a long-term commitment with...

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Small Business Lawyer The Law Affects Every Business in 8 Key Areas

The Law Affects Every Business in 8 Key Areas

By Laurie Lee | October 20, 2015

The law is the backbone of every business.  Most small business owners don’t think of the law in this way.  They usually think of the law only when they are facing a lawsuit.   But in reality, the law sets...

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Small Business Attorney The Operating Agreement

The Importance of Being Written: The Operating Agreement

By Laurie Lee | September 14, 2015

One thing I’ve drafted consistently throughout my years in practice has been Operating Agreements. I love them. They are so important to the health of an LLC and it feels good to be creating solid “bones” for a company. An...

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Small Business Attorney Common Mistakes with Commercial Leases

5 Common Mistakes with Commercial Leases

By Laurie Lee | August 10, 2015

Almost all brick and mortar business owners have had to wrestle with a commercial lease. They are long and confusing and full of legalese.  So there’s a tendency for small business owners to “breeze” over the words on the paper. ...

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Small Business Attorney Does Your Business Use Independent Contractors

Does your business use independent contractors?

By Laurie Lee | April 22, 2015

If your business hires independent contractors, you should be aware of recent actions taken by the federal government and state governments.  The problem occurs when a business classifies someone as an independent contractor instead of as an employee. For some...

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Small Business Lawyer Ownership Changes Key Terms

Ownership Changes Part 4: Key Terms

By Laurie Lee | April 2, 2015

In the final post in this series, we’re going to discuss some key terms in an ownership agreement – called an “Operating Agreement” for an LLC or a “Shareholder Agreement” for a corporation.  One of the most important reasons owners...

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Small Business Attorney Ownership Changes Promoting an Employee

Ownership Changes Part 3: Promoting an Employee

By Laurie Lee | March 11, 2015

This is the third post in a series about the legal and technical ways that a new owner is added to a business.  The first post addressed onboarding an investor and the importance of getting an agreement in writing.  The...

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Small Business Attorney Ownership Changes Adding an Owner

Ownership Changes Part 2: Adding an Owner

By Laurie Lee | March 10, 2015

This post is the second in a series addressing the legal and technical ways that a new owner is added to a business.  In the first post, I stressed the importance of getting an agreement in writing.  Although I discussed...

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mall Business Lawyer Ownership Changes Taking on an Investor

Ownership Changes Part 1: Taking On an Investor

By Laurie Lee | March 9, 2015

With One Spark 2015 just around the corner, it’s a good time to think about what it means to add an owner to your business.  Whether your business is an LLC or a corporation, the issues you need to consider...

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