How to Write a Demand Letter in Florida
How to Write a Demand Letter in Florida Before You Sue A Florida demand letter should identify the dispute, explain the legal or contractual violation, state the amount or action required to resolve it, provide a reasonable response deadline, and preserve the sender’s legal rights. A demand letter is not required before every Florida […]
Minority Shareholder Rights in Florida
Minority Shareholder Rights in Florida: What Majority Owners Can’t Do Majority shareholders in a Florida corporation may control many business decisions, but they cannot ignore the corporation’s governing documents, deny minority shareholders access to records, misappropriate company assets, use fraudulent transactions to benefit themselves, or eliminate ownership rights without lawful authority. Minority shareholders commonly own […]
Florida LLC Annual Report Requirements
Florida LLC Annual Report Requirements: Sunbiz Deadlines and Penalties Every active Florida LLC must file an annual report with the Florida Division of Corporations each year. The regular filing period runs from January 1 through May 1. The filing fee is $138.75. An LLC that files after May 1 must pay a $400 late fee, […]
Breach of Contract Statute of Limitations
Breach of Contract Statute of Limitations in Florida The statute of limitations for a breach of contract claim in Florida is generally five years for a claim founded on a written instrument and four years for a contract not founded on a written instrument, including many oral agreements. The deadline usually begins when the breach […]
How Does a Buy-Sell Agreement Work?
How Does a Buy-Sell Agreement Work in Florida? A Florida buy-sell agreement establishes when an owner must or may sell a business interest, who may purchase it, how the interest will be valued, and how the purchase price will be paid. It is designed to prevent an owner’s death, disability, retirement, or departure from creating […]
How to Remove a Business Partner in Florida
How to Remove a Business Partner in Florida Removing a business partner in Florida usually requires following the company’s operating agreement, partnership agreement, shareholder agreement, or buy-sell agreement. When the governing documents do not provide a workable exit process, the remaining options may include a negotiated buyout, judicial expulsion, litigation for breach of duty, or […]
Single-Member LLC Operating Agreement in Florida: Do You Need One?
Single Member LLC Operating Agreement in Florida: Do You Need One? A single-member Florida LLC is not generally required to have a written operating agreement. However, a properly drafted agreement can establish who controls the company, document the LLC’s separate legal identity, support banking and financing requests, and provide instructions if the owner dies or […]
How to Enforce a Non-Compete Agreement in Florida
How to Enforce a Non-Compete Agreement in Florida Tampa Bay Non-Compete Litigation: The Judicial Process for Enforcement: Florida §542.335 Guide (2025) Non-compete disputes in Tampa Bay often come down to timing. When a former employee joins a competitor in St. Petersburg or starts a competing business in Clearwater, Florida, business owners have a narrow window […]
Business Succession Planning
How Business Succession Planning Protects Your Legacy Beyond Retirement: Securing Your Financial Legacy with a Business Exit Plan For many Florida business owners, their company is more than an income source—it’s the result of decades of hard work, risk-taking, and personal sacrifice. Yet, too often, that hard-earned success is left vulnerable because there’s no clear […]
Florida LLC Personal Liability Protection
Can a Florida LLC Protect You From Personal Liability? Florida LLC Personal Liability Protection: Where Does Florida Law Offer Protection (and Where Does it Fail)? Forming a Limited Liability Company (LLC) in Florida is one of the most common steps entrepreneurs take to protect themselves from personal financial risk. But while an LLC can be […]