An LLC (Limited Liability Company) offers flexibility in management and taxation, while a corporation is generally more structured with shareholders, directors, and officers. Both provide personal liability protection, but the right choice depends on your business goals, tax preferences, and plans for growth.

If your business is properly formed as an LLC or corporation and you follow legal formalities, you’re generally protected from personal liability. However, you can still be liable if you personally guarantee a loan, commit fraud, or fail to separate personal and business finances.

Misclassifying workers (as independent contractors), failing to pay overtime, and lacking proper documentation for discipline or termination are among the most common—and most costly—mistakes.

The process typically includes due diligence, reviewing or drafting purchase agreements, transferring licenses or leases, and handling employee matters. Having legal guidance helps avoid hidden liabilities and ensures a smooth transaction.

If you’ve been served with a lawsuit, don’t ignore it—responding on time is critical. You may have defenses, such as incorrect amounts, lack of documentation, or improper collection practices. In some cases, the debt may even be time-barred under Florida’s statute of limitations. An attorney can help you evaluate your options, negotiate a settlement, or challenge the claim in court if needed.