Jupiter Student Loan Management Attorney

Practical and Strategic Corporate and Business Lawyer in Palm Beach County

You may know your business inside and out, but your expertise may not extend to the legal side of things, especially when it comes to forming a company and planning its succession. That’s where Julianne Frank, Esq. comes in. While you focus your time and energy on your business, Julianne Frank, Esq. will help you to understand what you need to know about business structure, strategy, planning, and compliance in even the most competitive and highly regulated fields. Florida business attorney Julianne Frank has previously helped companies get off the ground, make important deals, and reorganize and restructure for the best chance at profitability and success. Whether you are starting a new business or growing an existing one, Jupiter’s Attorney Frank can provide you with practical advice and technical assistance to form and implement smart strategies for effective solutions.

  • Julianne Frank is a friend and a brilliant attorney.

    “Julianne Frank is a friend and a brilliant attorney.”

    - Johan K.
  • EXCELLENT!!!

    “EXCELLENT!!!”

    - Karolina K.
  • Julianne is a pleasure in all ways, but more importantly, she is a true master of the law as to her specialty, Bankruptcy Law.

    “The case I referred to Julianne was complex and required considerable expertise.”

    - Cecil H.
  • I am not proud that I had to file chapter 11 for my business but I am grateful for Julianne Frank.

    “It was the smoothest process and Julianne has been doing this for 4 decades so she is the only choice when it comes to this matter.
    ”

    - Michael B.
  • She handled it professionally and did an excellent job all around.

    “. The future is bright and I am again able to look ahead to retirement. The decision to file was the right one for me.”

    - Paul R.
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Forming a Business Entity in Florida: Key Points

Forming a business in Florida requires adherence to some legal statutes depending on the nature and size of the company. That is, will it be formed as a corporation, partnership, limited liability company (LLC,) or some other Florida business entity? This decision has significant consequences on every aspect of the business, including taxation, liability, management of daily affairs and major decisions, the ability to sell the business or transfer ownership interest, and more. For instance, Florida implements specific requirements to form an LLC. To create such a business, a person will need to file certain articles with the Florida Division of Corporations, which must include the LLC name and address; the registered agent's name, address, and signature; the LLC's purpose; and the names and addresses of the managers of the LLC. Although not required, it is also a good idea to prepare an operating agreement, which is a legal document that governs the following:

  • member to member relations and relations to the LLC;
  • the rights and duties of managers; and
  • the affairs and conduct of the company.

If the business sells goods, collects sales taxes, and has employees, it is also required to register with the Florida Department of Revenue (DOR).

In order to form a corporation, on the other hand, other documents will be required to align with Florida corporation laws and must be filed in the office of the Department of State. The articles of incorporation to be filed must establish:

  • a corporate name for the corporation (in Florida, it must contain the word “corporation,” “company,” or “incorporated” or any abbreviations of these words);
  • the street address of the initial principal office and, if different, the mailing address of the corporation;
  • the number of shares the corporation is authorized to issue;
  • a provision stating whether any preemptive rights are to be granted to shareholders;
  • the street address of the corporation's initial registered office and the name of its initial registered agent at that office together with a written acceptance; and
  • the name and address of each incorporator.

It is best to sit down with an experienced business legal professional who can advise the business classification that best fits your particular business model’s needs and goals. Contact Julianne Frank, Esq. for Comprehensive Business Entity Formation Services in Florida can prepare and file all documents to register your entity with the State of Florida and provide you with the instruments you need to get up and running, including LLC operating agreements as mentioned above, partnership agreements, corporate shareholder agreements, stock redemption agreements, cross-purchase agreements, and more.

Commonly Asked Questions

How do I choose the right business structure in Florida?

Choosing the right business structure in Florida depends on various factors, including the nature of your business, your financial goals, and your risk tolerance. Common structures include sole proprietorships, partnerships, LLCs, and corporations. Each has its own implications for liability, taxation, and management. Consulting with a knowledgeable business attorney can help you evaluate your options and select the structure that aligns best with your business objectives.

Why should I hire a business attorney when forming a company in Florida?

Hiring a business attorney when forming a company in Florida can significantly streamline the process and maintain compliance with state laws. An attorney can provide valuable guidance on selecting the appropriate business structure, preparing and filing necessary documents, and drafting essential agreements such as operating agreements and partnership contracts. Their knowledge of local regulations and legal requirements can help you avoid costly mistakes and potential legal issues down the line. Additionally, having a legal professional on your side can give you peace of mind, allowing you to focus on growing your business while they handle the legal intricacies.

Corporate Governance

Corporations must meet a myriad of local, state, and federal rules and regulations to comply with the law and avoid costly fines or shutdowns while operating. Some industries are more tightly regulated than others, but all must meet certain basic requirements to keep in line with the law. Julianne Frank, Esq. will help you stay in compliance with Sarbanes-Oxley, the Florida Business Corporation Act, and other laws and regulations relevant to your business. We’ll provide you with guidelines for shareholders and the board of directors and make sure you understand what you need to know regarding securities, banking, and financing laws and regulations to keep your corporation running.

Business Succession Planning

It can take years of effort to build your business into a thriving entity, and you naturally want to see it continue to flourish even after you step down and hand the reins to a trusted employee or the next generation. Transferring ownership of the business is a necessity, and planning for that eventuality helps ensure that business succession will occur smoothly in the best interests of all involved. Whether planning for eventualities like illness or accident or simply planning an orderly process for retirement, Julianne Frank, Esq. can make sure the right instruments and agreements are in place for a trouble-free transition.

Attorney Frank’s experience in asset protection and wealth preservation, as well as numerous aspects of business law, puts her firm in the best position to develop effective solutions to meet your business succession needs. For instance, Attorney Frank can help you draft buy-sell agreements or other buyout provisions that will allow you to control who buys into your business and set a buyout value for each partner or a means for determining a fair price. Another approach she might take could be proposing a life insurance policy for each partner listing the company as the beneficiary, where the proceeds can be used to buy out the partner’s share. For family-owned businesses, a Family Limited Partnership is often an ideal tool for transferring control from one generation to the next, designating the appropriate successors for each role rather than leaving to the successors to figure out. Whatever your business succession situation, Julianne Frank, Esq. can create the right solutions that work best for you.

Smart, Strategic, and Practical Business Legal Solutions in Palm Beach County

Whether you’re a sole proprietor or a bustling corporation, there are always legal matters to consider to ensure success from startup to expansion to sale of your business. For skilled and knowledgeable counsel to discuss next steps for your business, Julianne Frank, Esq. can guide you through your Palm Beach County business matters.

Call (561) 220-2528 or contact the firm online to schedule an appointment with an experienced business litigator today.

What Makes Julianne Frank Different

  • Honesty & Transparency
  • Tailored Solutions for Each Client
  • Client-Focused Representation
  • Over Three Decades of Experience
Start Your Journey Discuss Your Case with a Seasoned Attorney Today

Julianne Frank Esq. is a skilled and experienced attorney that takes on the most difficult of cases and wins. If you believe you have a case only Julianne can resolve, get in touch today.

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