Thinking of starting an online business? Before you launch your website and go public, it’s important to first make sure you’re complying with federal, state and local laws. To do so, consult with your Tampa business lawyer and read-up on our tips.
1. Declare the controlling state
Somewhere in your contract or on your website, the controlling state should be declared. In the event that you were to be sued, this would prevent the plaintiff from determining which state law applies. After all, you don’t want to have to go to court on the other side of the country for an offense that might not even withstand in court in your state.
2. Set up a business checking account
In most states, including Florida, business owners are required to handle all business transactions through a separate business account in order to receive the most business deductions and maintain corporate protection. Like your Tampa business lawyer will tell you, don’t mix business and pleasure. Keep your business finances and personal finances separate. This is one of the best ways to ensure your business’ safety and to avoid facing penalties and fees.
Have any tips you’d like to add or questions you need answered? If so, tweet them to us at @FreshLegal, or follow us on Facebook and Instagram. To schedule an appointment with a member of our legal team, visit www.businesslawyertampa.com or call (813) 448-1042.