Maintaining the Business Entity

Some of the entities you select for your business require annual maintenance not necessarily related to the operation of the business. In particular, a corporation needs to file an annual report and have annual meetings of its shareholders and directors. A limited liability company needs to file an annual report. Most of the time, the client can easily handle the maintenance without the need of the lawyer. The Secretary of State of Florida provides some reminders of when annual reports are due and Battaglia Ross, Dicus & McQuaid, P.A. provides some reminders. There are some businesses that solicit business to do some annual maintenance that is not necessary or that can be done at a smaller cost. January provides unsolicited letters. In many businesses, there are few changes in the persons that are involved and the titles they hold and what is required annually is repetitious each year. Some clients prefer to have their lawyer do the annual maintenance. Our business and corporate transactions attorneys can handle that for clients who want it done by a lawyer and can advise the client what needs to be done if the client prefers to do that work themselves.

Day to Day Activities of a Business Entity

Some day to day activities of a business requires a record be made. Corporations frequently need to have the directors or shareholders take action and have a record of that action place in a minute book or other location. Battaglia, Ross, Dicus & McQuaid. P.A. is frequently asked to prepare minutes of the meeting or written consents of action for its business and corporate clients. A similar record is sometimes needed for the other business entities. Many times those can be handled by a phone call or e-mail to one of the business lawyers who can prepare what needs to be prepared and send it to the client to get the required signatures and it then is properly stored or sent back to the lawyer to store. If you would like to learn more about maintaining a business entity then contact us today for a free initial consultation or call us at 727-381-2300.