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Are business arrangements necessary when starting a new business in Orlando, Florida?

Are business arrangements necessary when starting a new business in Orlando, Florida?

March 26, 2021/0 Comments/in Legal News /by jennifer

Whether an individual is looking to start a business with a long-time friend, spouse, or even someone they recently met, it is always a good idea for them to hire an Orlando, FL business law attorney who can help them write up a business arrangement that will outline all of the terms both parties are required to abide by along with what each party’s obligations are to the company. Business arrangements are not only important to have in the event of a discrepancy, but also if a couple decides to separate or two partners decide they no longer want to be in business together.

 

What needs to be included in a business arrangement?

  

  • Each party’s role. It is important to delegate who will do what for the company. Each person should have a set role and all of their responsibilities should be clearly outlined in the business arrangement.If one person is heading the company’s marketing department and another is responsible for accounting, this needs to be written in the arrangement.

 

  • The company’s mission statement. A company should have a clear and concise mission statement and all parties involved in the business should be in agreement with what this is. If one individual has their own vision for the company, it could cause issues down the road and potentially interfere with the company’s ability to grow and profit.

 

  • How decisions will be made. It isn’t unlikely for two business partners to disagree on a matter. Maybe one person is wanting to take the business in a different direction while the other is looking to expand on the services the company offers, both of which will cost the company a substantial amount. Because business partners might bump heads on certain matters, they need to have some sort of process they follow for getting the matter settled. And this is something a qualified business law attorney in Orlando, FL can help them address.

 

  • Finances. Another important part of a business arrangement that must not go ignored is finances. Business partners need to decide who gets paid what, how often, and what will happen to the money that is earned.

 

Why it benefits to hire an Orlando business law attorney to help write up a business arrangement?

 

While it is evident that two or more business partners are capable of writing up their own business arrangement, it may not uphold in court in the event one individual decides to challenge it later on or an issue arises. Business arrangements need to be written in a way that adheres to state laws and is clear and understandable. What might be clear to two business owners may not be clear to a lawyer or a judge, and therefore, business owners should consider having an attorney help them write up their business arrangement.

In order for a business arrangement to have all that it needs and is sure to make sense in the event a legal issue arises, it is recommended that business partners retain a business law lawyer who is qualified and capable of helping them draft their arrangement. Legal Counsel P.A. is a business law firm located in Orlando, FL that can help business partners understand the importance of a business arrangement and assist them with getting theirs written up.

 

Legal Counsel P.A. is located at:

 

189 S. Orange Avenue, Ste. 1800

Orlando, FL 32801

Phone: 407-395-2653

Website: www.legalcounselpa.com

Email: [email protected]

https://onlinelawyernetwork.com/wp-content/uploads/2021/03/writing-1149962_640-3.jpg 426 640 jennifer https://onlinelawyernetwork.com/wp-content/uploads/2020/08/logo.png jennifer2021-03-26 17:02:562021-03-26 17:02:56Are business arrangements necessary when starting a new business in Orlando, Florida?
Can a truck accident victim file a lawsuit for damages in Texas if it has more than a year after their crash?

Orlando Business Law Attorney Michele Diglio-Benkiran Recognized for Being One of the State’s Top Practicing Attorneys

March 25, 2021/0 Comments/in Legal News /by jennifer

If an individual ever needed legal advice on starting a business or wanted to know more about investing with a company, business law lawyer Michele Diglio-Benkiran would be the one to contact. For more than 20 years, attorney Michele Diglio-Benkiran, the founder of Legal Counsel P.A. located in Orlando, has been helping individuals address various types of business-related matters including business sales, corporate formation, and much more.

And now, she is being recognized for her skills and ability to provide sound legal advice and guidance.

 

Attorney Diglio-Benkiran Voted as Florida Trend’s Legal Elite

 

According to Florida Trend, although “less than 2% of active Florida Bar members practicing in Florida appear among the exclusive Florida Legal Elite,” business law attorney Michele Diglio-Benkiran was chosen by her peers as being one of the “state’s top licensed attorneys.” Those who participated in the vote were asked to identify lawyers who they would highly recommend.

Being recommended for and named as Florida Trend’s Legal Elite isn’t only an honor, it’s a reflection of an attorney’s ability to deliver to their clients. Not only has attorney Michele Diglio-Benkiran managed to land this title, but she was also voted “Woman of the Year” by Orlando Style Magazine, yet another honor to add to the books.

Orlando Style Magazine strives to “celebrate the people, places, and events that define the unique character of the region” and it appears it has chosen to celebrate attorney Michele Diglio-Benkiran for being the exemplary individual that she is.

 

Why Individuals Should Choose Legal Counsel P.A. to Assist With Their Business-Related Matters

 

Starting and managing a business is no easy job. Legal issues might arise and contracts will likely need to be drawn up or reviewed often. Those who are starting a new business, are looking to expand their current business, or are looking to keep their business afloat and away from issues need someone on their side who is going to look out for their best interest and protect their rights.

And that is what business law attorney Michele Diglio-Benkiran will do. At Legal Counsel, P.A., clients are treated like people, not cases. Their issues are taken seriously, and their needs are addressed. Legal Counsel P.A. is a law firm that understands how one small mistake could jeopardize a person’s entire business structure and therefore, strives to help those entering entrepreneurship or are already in business avoid these mistakes and stay on the right path so their business venture is a successful one.

Therefore, if a business owner or individual looking to start their first business in Orlando, FL or has a legal question or concern, whether it deals with forming an LLC or applying for a trademark, Legal Counsel P.A. is ready and available to provide them with the assistance they are seeking.

 

Legal Counsel P.A. is located at:

 

189 S. Orange Avenue, Ste. 1800

Orlando, FL 32801

Phone: 407-395-2653

Website: www.legalcounselpa.com

Email: [email protected]

https://onlinelawyernetwork.com/wp-content/uploads/2021/03/iStock-490398060.jpg 864 1215 jennifer https://onlinelawyernetwork.com/wp-content/uploads/2020/08/logo.png jennifer2021-03-25 22:06:002021-03-25 22:06:00Orlando Business Law Attorney Michele Diglio-Benkiran Recognized for Being One of the State’s Top Practicing Attorneys

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