At Barks Law Firm, our team has extensive experience working closely with business founders and their accountants to determine the best way to form their business—whether it’s a limited liability company (LLC), corporation, non-profit, or other type of legal entity.
Once we establish the type of business and gather details from the owner(s), we can prepare the appropriate documents and file with all relevant agencies including the Florida Department of State Division of Corporations.
After a business is formed, or in some cases where there is a change in the ownership of a business, an agreement is recommended which governs the business. In an LLC, this is generally referred to as an operating agreement, while corporations have a set of by-laws under which the business operates. For some businesses, articles of partnership (or a “partnership agreement”) serve a similar function.
This type of agreement is often used to specify ownership and owner contributions. In addition, this legal document can declare the frequency of meetings, establish a voting process, and specify how profits and loses will be distributed among owners of the business.
We consult with our clients regarding all aspects of buying or selling a business, including complex modifications to ownership and equity. Whether you’re adding a partner to your business, selling your stake, or even taking ownership of a company, our team is here to guide you through the process.
Businesses frequently have valuable and sensitive information they need to protect. From trade secrets to intellectual property, our team at Barks Law Firm can work closely with you and your business to draft nondisclosure or confidentiality agreements that protect valuable information.