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Mistakes to Avoid When Starting a Business in South Florida

Posted on: August 22, 2017

As you start a new business in South Florida, you’ll want to take several steps to prepare to ensure that things go smoothly after your launch date. A South Florida business formation attorney can advise you regarding a wide range of regulatory and business formation issues so that you don’t run into any major obstacles as you get things started. Here are a few mistakes to avoid as you prepare:

Not checking your business name

If you start your company with a similar name as a competitor you can bet that you’ll hear from them and may run into several legal issues in the future. So, you’ll want to run a full business name search and double check that no one else has trademarked it and that no other competitor is using a similar name.

Changing your name after you’ve filed for important licenses and prepared documents will be expensive and time consuming. Ask your attorney to perform a quick search for your desired name to make sure you’re in the clear before you get too far in.

Trying to handle important legal steps without an attorney

One of the most common mistakes that many business owners regret is not getting legal assistance when it comes to writing out critical contracts, terms of service, and other legal agreements. Legal templates that you might find online are not going to be tailored for your specific business and may leave out important protective terms among other issues.

You’ll always want an attorney to draft or at the very least review your contracts before you use them. It’s also advisable to have your attorney review any important agreements that you may need to sign that are provided by your vendors or customers.

Not giving yourself enough time to plan appropriately for your launch

As you prepare for your business’s launch, you’ll have several different steps that you’ll need to take care, from zoning if you have a physical location, to licenses, contracts, logistics, accounting, and more.

You’ll want to give yourself plenty to time handle each of these steps and guarantee that everything is in order before you launch. Once your company is rolling and you’re dealing with your day to day operations and customers, it’s a lot harder to handle these steps.

Call Schecter Law for a South Florida business formation consultation

When it comes to getting licenses, drafting contracts, choosing a business structure and more, the help of an experienced business formation attorney in South Florida is invaluable and can save you huge sums of money in the short and long run, along with preventing a lot of headaches.

Call Schecter Law today at (954) 779-7009 for assistance with these areas and anything else as you launch your new exciting South Florida business.