by Howard C. Stross | Jan 5, 2015 | Business Law
The lack of an Operating Agreement signed by all Members of an LLC is a big mistake for many reasons. Florida law does not require an LLC to have an Operating Agreement. Here are four of the reasons why business owners and real estate investors need an Operating... by Howard C. Stross | Dec 15, 2014 | Business Law
If you invest in real estate or own a business, you may have heard that you need to set up a limited liability company, commonly known as an LLC, in order to protect your assets. However, many people mistakenly think an LLC is a magical silver bullet to asset...
by Howard C. Stross | Dec 1, 2014 | Business Law
Many people want to set up a limited liability company, commonly known as an LLC, in order to protect their assets. However, an LLC is not a foolproof asset protection device. Well-intentioned people, in the attempt to lawfully protect their assets when they purchase... by Howard C. Stross | Aug 27, 2014 | Business Law
A contract called a non-competition agreement is valid in Florida provided it follows all of the details required by Florida law. You may have heard the cliché, The Devil Is In the Details. When one is referring to a contract, the statement may be a cliché, but it is... by Howard C. Stross | Jul 21, 2014 | Business Law
For many small business owners, their business is their largest asset. Therefore, they need a business succession plan to control what will happen to their business when they can’t run it. What, Me Worry? Approach One planning option, which has been embraced by... by Howard C. Stross | Oct 9, 2013 | Business Law
Most small business owners are proud of the companies they built with their blood, sweat, and tears. Many feel satisfied about what they have accomplished through hard work, determination, and innovation. As they grow older, they might envision handing the business to...