Starting a new business in Florida can be both exciting and overwhelming. When deciding to move forward with a new business venture, there are many things to consider outside of the initial business plan, and it never hurts to get some legal advice along the way.
As KnowTechie explains, giving the correct structure to a business can set it up for success. Although a business may begin small, planning for growth and understanding the different types of liability involved in various types of formation is important. This can also be a time to ensure that the financial aspects of employees are handled properly so costly mistakes regarding taxes are not made. While hiring employees may not be an immediate concern, it is important to keep in mind the rules governing these new hires--especially if they are not U.S. citizens. If any workers need visas, following the letter of the law is of the utmost importance.