There are many aspect of today’s business world protected and governed by critical laws. When problems like shareholder disputes, partnership disputes or alleged breaches of contract occur, these laws are called upon to help businesses in Florida navigate the situations. Intellectual property is another important part of business that is given legal protection and understanding the various forms that it takes can be important.
In 1993, the United States enacted federal legislation that guarantees employees the ability to take unpaid time off of work to tend to select personal situations. Known as the Family Medical Leave Act, or FMLA, all Florida business owners and managers should familiarize themselves with the basic tenets of this law and how it may apply to them.
Any new business opportunity can leave entrepreneurs or developers in need of capital to get a company or project off the ground. This can be especially true of complex real estate projects. Whether a commercial space development, the creation of a residential complex or something else, these undertakings require extensive financial backing. For this reason, many Florida businesses seek investors in these cases.
When starting a new business venture in Florida, one of the first decisions that must be made is which type of operational structure to create. There are different benefits and limitations to each business model and owners should review each one carefully before making their selections.