Short answer: For most private companies, a change of ownership is a contract and tax question. For a federal contractor, it is also a regulatory one. Depending on
Short answer: Generally, a Florida LLC’s debts belong to the company. Under Florida Statutes § 605.0304, owning or managing the LLC does not by itself make you personally
Owning 20%, 49%, or even 50% of a Florida company does not necessarily tell you who controls it. Voting rights, management authority, transfer restrictions, and governing documents determine what ownership actually means.
Due diligence is supposed to test an acquisition, not justify a decision already made. LOIs, financing, liabilities, termination rights, and deal structure can all affect when a Florida buyer—or seller—should be willing to walk away.
Closing changes ownership. It does not finish the legal work. Contracts, tax exposure, governance, employees, licenses, and post-closing obligations can determine whether a Florida business acquisition works as expected after the deal closes.
