Starting your own business takes risk, gumption, and faith. It also takes help from financial and legal advisors – which some may view as the more tedious side to becoming one’s own boss. Fortunately, our team of Ft. Lauderdale employment lawyers can offer a comprehensive, easy-to-understand explanation of the various legal requirements of owning a business, ranging from payroll and taxation issues to compliance and anti-discrimination concerns. Regardless of the nature of your business, our attorneys can work with you and your staff to create a positive start-up experience, while protecting you from the pitfalls of unaddressed legal issues.
Starting Your Business: The Basics
One of the most fundamental inquiries by a Fort Lauderdale employment lawyer at the outset of the entrepreneurial journey involves business formation. In other words, how do you want to organize your organization? There are several options available in Florida, including:
- Sole proprietorship
- 501(c)(3) Not-for-profit
From there, you will need to decide how your equity structure will look – as in, do all founders/partners maintain an equal share, or is it divided based on contribution at the outset? Moreover, if your start-up involves technical intellectual property matters or other property issues that could serve as fodder for conflict over ownership, your Ft. Lauderdale employment lawyers will make certain to draft and execute the appropriate documents to firm establish the business intent in this area. Likewise, your team will likely need to re-title ownership to property acquired prior to the business formation, particularly highly-lucrative intellectual property rights.
Managing the Staff
Entrepreneurs are often astounded at the number of employee-related issues that arise when forming a new business venture. Working with an employment lawyer can help you avoid costly issues with your employees down the road – particularly if a worker leaves under negative circumstances. More specifically, we can help you set up:
- Employment contracts (or independent contractor designations)
- Non-compete agreements
- Confidentiality agreements
- Human resources forms and documents
- Compliance with state and federal employment laws (g., maximum hours, wages and overtime considerations)
- Workers’ compensation
Work with Confidence
As a new business owner, the last thing you need is the threat of litigation hanging over your head. By working with our Ft. Lauderdale employment attorneys, you can operate your enterprise with confidence, knowing that you and your staff are adequately protected from unnecessary exposure to liability. Whether you work with vendors, salespeople or other third part contractors, we can make certain you have the proper legal protection with carefully drafted documents and agreements tailored to your business needs.
Contact Experienced Fort Lauderdale Employment Attorneys Today
If you are in need of assistance with your start-up business, we encourage you to contact Michael Feinstein, P.A. for help. To make an appointment, please call our main office at (954) 767-9662.