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Elder Law Attorneys – Creating Peace of Mind for All Generations

Business Planning

Experienced Business Planning Attorney in Florida

Starting and running a business is exciting, but it also comes with risks. Without the right legal and financial planning, unexpected issues like lawsuits, tax problems, or a sudden illness could put your business and personal assets in jeopardy. At Elderly Care Law Firm, we help Florida entrepreneurs and business owners protect their companiesminimize risks, and plan for the future, so they can focus on doing what they love.

What is Business Planning, and Why is It Important?

Business planning is the process of making sure your business is set up correctly, legally protected, and financially secure. Whether you’re just starting out or have been in business for years, having a strong legal foundation is essential.

Without proper planning, business owners may face serious challenges like:

  • Lawsuits from customers, employees, or partners.
  • Tax penalties for incorrect business structures.
  • Family disputes over ownership after the owner’s death.
  • Difficulties selling or passing down the business to children.

A well-structured business plan helps avoid these issues and ensures long-term success.

What Type of Business Structure is Best in Florida?

One of the most important decisions a business owner makes is choosing the right legal structure. The best choice depends on your goals, tax needs, and liability concerns.

  • Sole Proprietorship – The easiest to set up, but you are personally responsible for all debts and lawsuits.
  • Limited Liability Company (LLC) – Protects your personal assets and offers tax flexibility.
  • Corporation (S-Corp or C-Corp) – A good choice for larger businesses or those seeking investors.
  • Partnership – For businesses with multiple owners, but requires legal agreements to avoid conflicts.

Choosing the wrong structure can lead to serious tax and legal problems later. We help business owners make the right choice from the start.

What is a Business Succession Plan, and Why Do I Need One?

A business succession plan outlines who will take over your business if you retire, become disabled, or pass away. Many small business owners assume their family will simply take over, but without a clear plan, disputes and financial difficulties can arise.

A good plan includes:

  • A Buy-Sell Agreement to ensure a smooth transition if an owner leaves.
  • Estate Planning to pass the business to heirs tax-efficiently.
  • Management Training to prepare the next generation for leadership.

We help Florida business owners create customized succession plans that protect their legacy and ensure business continuity.

How Can a Business Planning Attorney Help?

At Elderly Care Law Firm, we help Florida business owners:

  • Choose the right legal structure to minimize liability.
  • Create ironclad contracts to protect against disputes.
  • Develop a succession plan for long-term security.
  • Ensure compliance with state and federal laws.

Whether you’re launching a new business or planning for the future, we’re here to help. Call Elderly Care Law Firm at (305) 564-6606 for a consultation today.

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Sherrie Lim

Client Services Coordinator

Sherrie Ann Lim brings over twelve years of customer service experience and a strong background in team leadership and client support. Although she holds a Bachelor of Science degree in Physical Therapy, her career path led her to the dynamic world of the contact center industry, where she discovered a deep passion for service, communication, and operational excellence. 

Sherrie is known for her perseverance, enthusiasm, and confident sense of responsibility. She consistently delivers high-quality results, efficiently managing tasks while remaining flexible to the evolving needs of her clients. Her commitment to continuous improvement and excellence positions her as a trusted ally for businesses seeking proactive and reliable virtual support. 

Drawing from her college background, Sherrie has a deeper understanding of the physical and emotional needs associated with aging, making her especially attuned to the importance of compassionate and informed care for the elderly. She recognizes that elder care isn’t just about physical support, it also involves emotional presence, patience, and clear communication. Her strong appreciation for family ties fuels her commitment to helping clients manage the intricacies of elder care with empathy and attentiveness, ensuring that elderly loved ones feel respected, safe, and truly cared for. 

 

She loves taking care of her family during her rest days and free time, finding joy in the simple yet meaningful routines of home life. Whether it’s preparing home-cooked meals, baking sweet treats for her kids, or tackling household projects, Sherrie finds fulfillment in creating a nurturing and organized environment for her family. Whenever time and opportunity allow, she also enjoys traveling with her family, exploring new places, creating lasting memories, and embracing experiences that strengthen their bond and bring joy into their lives. 

Fun Fact: Sherrie’s two kids were born on the exact same date—two years apart! 

May Cruz

Client Services Coordinator

May began her community service career with the Philippine Department of Health as a Computer Operator, providing vital technical support to healthcare workers across island provinces and helping to bridge technology gaps in remote medical settings. Her commitment to service extended beyond her official duties—she also volunteered in medical missions, assisting indigenous communities and contributing to the delivery of essential healthcare with empathy and cultural sensitivity. 

Continuing her dedication to public service, May later worked at a law firm as a Disability Service Coordinator, assisting military veterans in navigating disability services. She brought empathy, compassion, and heart to the role, ensuring that each veteran felt heard, respected, and supported throughout the process. 

With a unique blend of technical expertise and human-centered care, May remains deeply committed to using her skills to uplift underserved and vulnerable communities. 

Fun Fact: Despite not knowing how to swim, May is a certified open water diver. Her adventurous spirit and determination push her beyond her comfort zone—both in life and under the sea.