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Tag Archives: West Palm Beach Business Formation Attorney

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What You Need to Know About Being a Sole Proprietor

By Larry E. Bray, P.A. |

You are legally entitled to run a business and make money (or suffer losses) as an individual. This is simply known as a sole proprietorship. You can make products and sell them or offer personal services for a price without forming a separate legal entity like a corporation or limited liability company (LLC). There… Read More »

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Understanding the Different Types of Partnerships

By Larry E. Bray, P.A. |

When considering how to form or grow your business, you may want to look into partnerships. In some cases, a partnership can simply guide a business arrangement and does not offer any particular tax benefit. However, some types of partnerships can be used to obtain a certain financial and legal status, such as limiting… Read More »

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Single Member LLCs in Florida

By Larry E. Bray, P.A. |

As an entrepreneur, there comes a time when you need to form a separate legal entity for your business. This is crucial when your enterprise needs to incur debt to grow or when you offer personal services that could lead to legal liability. Creating a separate entity can protect you from being personally liable… Read More »

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