If you have, or are starting, a business, there are several legal documents and contracts you may encounter in the early stages of your company. Having the appropriate agreements in place will ensure your interests and property are protected as you delve into the business of building relationships with co-owners, employees, contractors, third-party vendors and possibly, investors. Here are a few of the most common documents and contracts new business owners should consider in their legal arsenal.
Florida Limited Liability Company (LLC) Operating Agreement
An Operating Agreement is the governing document for a Florida limited liability company (LLC). It is a comprehensive company agreement covering ownership interests, voting rights, adding or removing members, selling or transferring interests, and succession planning, to name a few.
Florida Corporation Shareholders’ Agreement
A Shareholders’ (or Stockholders’) Agreement is the governing document for a Florida corporation. It is a comprehensive corporate agreement covering stock ownership, voting rights, adding or removing shareholders, selling or transferring shares, and succession planning, to name a few.
Independent Contractor Agreement
If you are hiring someone, or being hired, to provide services on a project specific basis, this Agreement governs the relationship between the company and the independent contractor. Independent Contractors are not employees and are responsible for their own tax liabilities.
Confidentiality and Non-Disclosure Agreement
If you are entering into business negotiations or otherwise sharing ideas, concepts or confidential business and trade secrets, this agreement protects and safeguards your confidential information and proprietary materials from unauthorized disclosure.
Non-Compete and Non-Circumvention Agreement
Once you’ve shared your business idea, proprietary information or methodology, this agreement ensures the other party receiving the information may not compete with your business, or take your idea and exploit it for themselves.
If you need assistance with any of the above documents for your corporation or LLC, the attorneys at Minott Gore, P.A. can help! We offer complimentary consultations, and nearly all of our services for contracts and agreements are offered on a flat fee basis. Contact us today to speak with one of our business law attorneys, (305) 913-1333. We’re happy to discuss your legal concerns in more detail and determine which of the above documents may be right for your circumstance.