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Category Archives: Business Formation


Florida Biotech Startup Raises $55 Million

By Godfrey Legal |

Business startups are known for raising millions of dollars, but the amount of money brought in by a Florida biotech company is unusual. Expansion Therapeutics Inc.—a company created at Scripps Florida—has raised $55.3 million from venture capitalists. This is a large amount considering that the biotech industry in Florida raised just $34 million altogether… Read More »


Considering a Startup? Consider the Medical Field

By Godfrey Legal |

Many Florida residents dream of owning their own business. While the idea of no longer having a boss and not having to work at a job you hate can be exciting, there are no guarantees. While 80 percent of businesses do last longer than a year, at the same time, 90 percent of technology… Read More »


What Makes a Business Startup Successful?

By Godfrey Legal |

Let’s face it: companies want only the best employees. You’ve probably realized this if you’ve ever applied and interviewed for a job. Everyone has different backgrounds and experiences, which makes the hiring process difficult. Every company wants the best fit possible, and finding the perfect person for the job is especially crucial for business… Read More »


Why Are Business Start-Ups Declining?

By Godfrey Legal |

It used to be that everyone wanted to start their own business so they could be their own boss. However, once the Great Recession hit in late 2007, people have been backing off. In fact, in the United States, the creation of new businesses has almost reached a 40-year low. Since the late 1970s,… Read More »


Why a Business Plan is Important for Entrepreneurs

By Godfrey Legal |

With anything you set out to do in life, it’s a good idea to have a plan. This same advice holds true when you start your own business. A business is a risky venture. You can make a lot of money, you can break even or you can lose a lot of money. Every… Read More »


Sole Proprietorship vs. Corporation: Which Should You Choose?

By Godfrey Legal |

So you have a business idea and you decided to form your own business. When you create a company, you can choose from two main types of entities: sole proprietorship and corporation. The one you choose will depend on factors such as the number of people in your company and the amount of liability… Read More »

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