Florida Business Law

Regardless of the size of a company, whether a small business or a large one, it should comply with its state law record-keeping requirements. Here is a list of some of the important corporate documents to maintain: – A copy of the corporation’s articles of incorporation or organization; – Corporate bylaws or operating agreement; – […]

As the year end approaches, there are some important questions to ask yourself about your business. Where does your company currently stand financially? What do you plan to achieve in the upcoming year and next five years? In order to answer some of these important questions, the first thing to do, is conduct a year […]

Now that summer is over and you’re settling back into your regular routine, it’s a great time to do a quick checkup with your books and payroll. Here’s a short checklist of tasks to help ensure that your payroll runs smoothly through the rest of the year: Employee profiles: Start reviewing your employee profiles in your Payroll […]

Check out our Article with ten Do’s and ten Don’t for Small Businesses. Do’s and Don’ts for Small Businesses At Gulati Law, we not only advise our clients regarding business formation and set-up, but also provide other services, such as marketing, forming a business plan, and much more. Contact us today to learn more about […]

Brevard County Commissioners unanimously voted to ban the sale of synthetic drugs. The ordinance was requested by the Sheriff’s Office which allows them to fine non-compliant businesses up to $15,000.00 for the sale, advertisement and marketing of synthetic drugs. Synthetic drugs are sold in shops or convenience stores all across Brevard County and other counties in […]

So you have decided to join forces with someone who shares your vision and passion to start a new venture.  Before coming up with a business plan, marketing strategies, and services offered, it is important to lay some groundwork and draw up a Florida Partnership Agreement, Florida Bylaws, or a Florida Operating Agreement depending on […]

Having a business passed down to you can be an exciting yet scary endeavor, and the situation varies widely depending on how well prepared you are for the transition.  Hopefully, you have spent enough time with the business to understand the plans, key players, and how to best serve your clientele.  Reviewing and updating documentation, […]

A tax-deferred exchange is a where property owner trades one or more relinquished properties for one or more replacement properties of “like-kind”. The payment of federal income taxes and some state taxes on the transaction is deferred until a later date, instead of a typical transaction where the property owner pays the taxes on any […]

For developing entrepreneurs, one of the most pertinent obstacles encountered when starting a small business is obtaining the funds. Money is always a major concern for those who desire to be successful throughout the ups and downs of business.  When applying for a business loan, there are a few things to consider: Fitting the Criteria […]

Bill 49 has amended Florida Statute §893.147, which will effect smoke shops, convenience store owners and Florida Business Owners that sell these certain pipes, more specifically discussed below. According to the amended Florida Statute §893.147, it is a “first degree misdemeanor for a person to knowingly and willfully sell or offer for sale at retail […]