Whether you are starting a business or your business is already in existence, it is extremely important to have properly drafted company documents, such as an Operating Agreement or corporate Bylaws, as well as other types of company contracts for your Florida business.
These documents are a legal Florida contract outlining the procedures of your business for important functions, such as opening a bank account, paying taxes, maintaining company records, borrowing money for the business, distributing cash flow, and more.
If you have already registered your business with the State of Florida, it is not too late to have these documents properly drafted. In fact, if you already have a business active in Florida, then you should have a Florida business law attorney review your current company documents to ensure you are properly protected and advise you as to any additional documents that should be drafted or current documents or contracts for your Florida business that should be amended.
Depending on the type of business you have, there may be other contractual documents or agreements you should have to protect yourself, such as employment agreements, employee manuals, distribution agreements, confidentiality/non-disclosure agreements, and more.
There are certain requirements that must be met in order for a contract to be legally enforceable, which is why it is important to have an attorney draft these contracts for your business. Additionally, it is important that you understand your rights and obligations under these various types of contracts.