How to Check the Current Rate of Dirham on BookMyForex

Instead, opt for BookMyForex! Here, you can not only check the live Dirham rate but you can also buy or sell currency at the best Dirham rate. The current rate of Dirham for buying and selling can be easily checked online on BookMyForex from the comfort of your home. BookMyForex is the first ever platform to introduce such a service online making the process of currency exchange in India extremely convenient.

About UAE Dirham

United Arab Emirates Dirham is the currency used officially in UAE. in the international market of currency exchange, UAE Dirham is often seen to be abbreviated as AED. it is used for all forms of money transactions in the different regions of UAE.

Dubai and other parts of the UAE are pretty popular and are often visited by tourists from every part of the world. When you plan on visiting UAE for a leisure trip, business meetings or studies, you need to ensure that you convert your currency to UAE Dirham. In order to get your currency exchanged at the best rate, try out BookMyForex.

Why should you use BookMyForex to buy or sell UAE Dirham?

BookMyForex is an excellent option for currency exchange since you can access a whole range of full-suited forex products like forex cards, foreign currency notes, traveler’s cheques, demand drafts, wire transfer, etc.

When you exchange currency through the money changers or banks, a fixed Dirham rate today is maintained. This way, the banks benefit by keeping a large margin while exchanging currency. Also, you will need to visit several banks to compare the exchange rates before settling on one. Since banks and money changers are physical establishments, there are several costs like salaries, operational costs, rent, etc, which are involved. In order to make up for these costs, their customers are made to pay a margin for the services.

You need not go through this hassle when you decide on exchanging currency from BookMyForex. Since BookMyForex is digitally enabled, you do not incur extra service charges when you exchange currency through this platform. It is an online service portal where you can conveniently check live rates, buy or sell foreign currency from the comfort of your home. BookMyForex checks the UAE Dirham rate across several banks in your region before displaying the best rate to you. After you order forex, your order will reach you at the earliest. Also, there is no fixed forex rate on BookMyForex. The rates are updated live every 3 seconds and you also get the option to freeze a suitable rate at which you can exchange currency within the next three days. The rates displayed here are extremely reliable and are the same as the rates which get displayed on Google, CNBC, ForexIndia, etc.

Demand for luxury homes grows greatly in south Mumbai

Mumbai has predominantly been a prime choice for homebuyers due to its advanced infrastructure and dynamic lifestyle. However, in the past few years, the real estate sector of Mumbai was dwindling with a growing unsold inventory and unfinished projects due to a lack of funds.

The main factor behind this crisis was the set of reforms introduces by the government, such as GST, demonetization, and changes in property taxes. However, it is to be noted that these reforms were aimed at the growth of the economy in the long run, along with which, the real estate would have improved too. But the short-term ill effects have badly affected the industry, partly by the decrease in the purchasing power of potential buyers.

Due to the constantly falling economic condition, the number of bookings and purchases of homes decreased greatly, leading to a cash crunch for the developers. Without sufficient funds, a number of projects have been stalled, and as a result, banks have grown wary of funding housing projects, followed by the non-banking finance agencies. The developers of property in Mumbai have, as a result, falling in a tough spot where the expenditures are far higher than the funding.

However, the government has started taking measures to revive the declining real estate industry of the country. A funding window of INR 25,000 crore has already been announced for the stalled projects. Moreover, NRIs are now finding interest in the Indian real estate and have started investing in properties in Mumbai.

The main reason behind this is the increased transparency in the real estate industry of India. Previously, the developers used to hold an advantageous position and the NRIs often fell into unfavourable situations. While in some cases the properties weren’t delivered timely, in other cases there were problems due to shady activities developers to trick the buyers into paying up more than they should.

With the reforms in recent years and the establishment of RERA, the situation has changed. The real estate sector has become a more reliable and safer field to invest in, and the NRIs are gradually gaining confidence. Thus, although there has been a fall in the number of domestic buyers for flats in Mumbai, the overall sales have started improving.

The prices of homes in Mumbai are expected to rise steeply in the coming years. Although this might sound like bad news to buyers, it is to be noted that this would benefit the investors who are planning to buy an residential apartment in Mumbai now. As the prices would increase, resale values and rental income from these properties would be lucrative. Thus, Mumbai is recovering well from the crisis in the real estate sector. The industry likely has a bright future up ahead.

Short Term Loan Is an Excellent Solution

A short-term loan solves the difficulty immediately and without all the fuss that comes with larger loans. If you would like the cash to buy medical expenses, house reparations or hit or miss a trip visits to your family, that’s what short term loans are all about!

Here are 5 benefits of using a short term loan

A short-term loan is more manageable
You can take a $500 loan and that’s it! Small loans were made to repair urgent matters, so cash in of them! Short term loans won’t keep you up in the dark thinking how you’re getting to manage interest rates and the other additional fees.

Unlike large loans that pose problems and may disrupt your finances, a quick cash loan will assist you out. Not having the ability to form payments on time and worrying a few bad credit score won’t be a problem once you affect such short-term loans.

Also Read: A Definitive Guide of Payday loans

Online application
This is one of the most important benefits of short-term loans. You’ll fill out a form on the web and await the cash. Skip the road to the bank office and staying in line for hours. This sort of loan comes with a web application that will only take you a couple of minutes of some time while doing it within the comfort of your house.

Access the funding fast
Skipping the fuss that comes with larger loans also means getting the fast loan cash! This is often actually the precise purpose of short-term loans. They need creating for urgent matters that can’t be planned ahead. In only a few hours, you’ll receive the cash and type out your financial difficulties! It’s that simple!

You can customize your payment plan
You can borrow only the cash you would like, considering that a short-term loan doesn’t accompany a hard and fast sum of instant online cash loan. If you think that you’ll be ready to pay it back in 3 months, settle a 3-month payment plan. If a 5-month plan sounds better, accompany that option. A customizable payment plan allows you to urge back on your feet without fear that you simply won’t be ready to repay the sum within the given period. You select what’s best for you.

Dealing with a brief-term loan is simpler
Taking payday loans in Australia isn’t always a burden, especially if you borrow a little amount. Repaying a little loan during a few months is often entirely possible for your budget. So, you’ll be ready to get out of your financial difficulty, and you won’t have any debts.

Forex Trading Strategies – Make a Smart Choice

Scalping is trading with adrenaline. That’s because you trade in a fast-paced environment. You open and close a trade within just a few minutes.

The idea is to trade very quickly to beat the bid-offer spread and garner a few points before closing the trade. Since you open a lot of them at once, the idea is to accumulate many small points to come up with sizeable profits.

For this strategy, you’re going to need to use tick charts such as those on the MetaTrader platforms. Using these platforms, you can easily execute your best forex strategies.

Day Trading

This is like the slower brother of scalping. This is a profitable trading strategy that requires you to open and close trades within the same day.

One good thing about this strategy is that it pulls you away from overnight risks. Since you close the trade within the day, you don’t have to go to bed worrying about your open trade.

Day trading is one of the forex trading techniques that enables beginners to be profitable even without enough experience with the market.

Swing Trading

This forex strategy aims firstly to determine the overall trend of the market. Afterward, you have to determine when the next “swing” or reversals will happen. You find those “swing highs” and “swing lows” and place your positions in anticipation.

This is a profitable trading strategy that takes a comparatively longer time period, often a span of several days.

Position Trading

This one is the longest in this list of forex trading strategies. Position trading is like swing trading—but it takes longer.

The idea is to maximize your profit from major shifts in prices. A long-term trader usually sees end-day charts.

Position trading is one of those forex strategies that take a lot of discipline, patience, and determination.

Some Forex Trading Tips

We also have some forex trading tips for you to make the best choice for which trading strategy to use.

First, you need to select your market carefully. Choose the currency pairs that you want to trade and see yourself become an expert in trading those pairs.

Second, determine how large your positions are. You need to get this right off the bat if you want to control the risks you are taking and withstanding.

Third, entry points. You need to develop rules that will tell you when to enter a long or short position. This way, you can get a clearer and more organized way of trading.

Fourth, exit point. Similarly, you need to develop rules that will tell you when to exit a long or short position.

And lastly, your platform. Your trading platform should be suitable for the forex trading strategies you’re using.

Study and Get Exemplary Education in Singapore Through Immigration Consultants

Singapore is offering great courses to students. It has made sure that the lives of the students turn extraordinary well after pursuing these courses. For undergraduate programs that take place part- time, the admissions happen twice in a year such as in July and January. The candidate’s age should not be lower than 21 years at the time of enrolment. The other requirement should be having an IB diploma to get admission. So, you can pursue a course after doing 10+2 also. The basic requirement is that the candidate ought to have a 2 years work experience for pursuing this diploma. It’s better to get help from immigration consultants to get the best help for your immigration and study visas.

If he does not have an IB diploma, he should have a qualification of the same worth with SAT 1 level cleared.

Let’s get to know the variety of such courses.

There are many types of such courses which are offered to such students such as BSC Biomedical engineering, the Bachelor of Building and Project Management, BSc Information Technology and Business (ERP), BSc Mathematics, the BSc Facilities and Events Management.
After that students are selected for a Hons program provided the required number of students is available to attend it. But they are only provided with a degree once they are able to meet the CGPA (Cumulative Grade Point Average) score during the course of the degree.
The best part about all these undergraduate programs is that the students are benefitted through the recognition of programs such as the BSc Human Factors in Safety by the Ministry of Manpower for Workplace Safety and Health Officer Registration. In Singapore another course offered is Bachelor of Engineering in Electronics (B.Eng Electronics). This is quite a useful undergraduate diploma for students and it makes sure students can look forward to a degree in engineering. The students are helped with an intensive preparation for the engineering degree ahead with an exhaustive knowledge of IT and telecommunications in this diploma. This diploma is recognized by the Engineering Accreditation Board which is the official body of engineers in Singapore. This program is also a pathway to a degree of the Bachelor of Engineering.
The students as you can realize are in an extremely advantageous position after pursuing these diplomas because they can look forward to a degree apart from getting jobs after such diplomas only. Companies like Capita PTE Ltd only require a Diploma in Engineering to provide jobs as Sales Engineer. The candidate just needs to have a dynamic personality to be appointed in this position.
There is an opportunity as an Aerospace Engineer with the Michael Page international recruitment firm for one of their clients. University Of Social Sciences also provides a Bachelor of Engineering in Aerospace Engineering (B.Eng Aerospace Systems) which is also a pathway to a degree program in the same domain. This program is excellent for students who want to venture into domain of Aeronautics.

A visa consultancy can provide you with extraordinary help in entering such diploma courses. It can also help you with jobs and hence help you gain invaluable experiences. You can access the help of such visa consultancies online now. Immigration consultants apart from help in study visas also allow you to go and get settlement abroad through the immigration programs for Canada, Australia and Hong Kong. These immigration consultants have extreme experience in Express Entry which is the immigration program for Canada. You need a Student pass to study in Singapore.

How to Become a Media Consultant

What is a media consultant?

It’s someone who helps businesses with their media needs. This can range from writing a press release to getting them interviews with the local and national media.

Many companies are on the lookout for media consultants as they know that good media exposure can work wonders for any business. When a business advertises it’s viewed as just that – advertisement. However, when a business gets media attention then it’s free advertising that works much, much better than traditional paid advertisement would.

For this reason, media consultants are in high demand.

Here are some of the services you can offer:

Press release writing and distribution. Offer press release packages for your clients which include the writing and distribution. A simple press release can lead to great media attention.
Media page and kit development. You can develop a client’s media page and web kit to make it easy for the media to find them.
Media interviews. You can contact related or local businesses to line up interviews for your client. You can also line up interviews with traditional media outlets.
Contacts and development. You can contact related businesses for your clients and help to work out partnerships – perhaps your client can become a regular blogger on a high profile site, for example.
A good media consultant will offer a range of services – from getting the client interviews to advising them on what to wear for a TV appearance.
To get your business off the ground here are a few tips:

Build a website which really showcases your talents as a consultant and more importantly shows potential clients how you can help them achieve media success. List your expertise as a media consultant and include case studies along with a list of the services you offer.
Show samples on your website of press releases you’ve written, campaigns you’ve worked on and media kits you’ve produced. The more tangible results you can show your clients, the better. Many clients don’t know a lot about the media and giving lots of examples will help them to see how your services are important.
Educate clients about the media. This step will help you stand out as an expert in your field and make it easier to get clients. Show your clients why media attention can help their business and explain how the different types of media work.
Being a media consultant can be very rewarding. The pitfalls can sometimes be the need to educate clients about the media and the importance of your services. If you can strike a good balance with this then you should do well.

Corporate Finance Consulting – Trendy Assistant To Financing

Finance is now part of most common and trivial activities of routine life. Be it marketing, selling any wares, assistance to any person in any form, finance forms the core element. Finance having widespread branches is not merely confined to regular chores of life. In tune of this discussion, comes the concept of Corporate Finance. Corporate Finance, as the name suggests, deals with the sources of funding for big corporate houses and multi-national companies. It is nothing but the steps taken by managers to make the body corporate more viable and lucrative to share-holders and the tools and scrutiny deployed for allocation of financial resources.

As Corporate Finance is big in itself, there are a number of streams of work associated with it. Such activities come under the purview of Corporate Finance Service. Corporate Finance Services includes a wide range of assistance like managing money, which includes banks, credit-card companies, insurance companies, accountancy firms, investment management companies,stock broking firms -to name a few. Many of them provide a series of
services under one umbrella.

Corporate Finance is quite complicated, specially to an organization or a person just being a fresher and thus comes the idea of Corporate Financial Advisory. The basic ideology behind this is the variety of advisory services that are offered to the MNCs and conglomerates about the financial aspects of operations. Such services may either be provided by Boards of the companies constituted particularly to give shape to this idea or by bodies of professionals, being experts. Moreover, among the numerous finance service, which one is the best suited for a particular company is best judged by Corporate Financial Advisory.

The foundation on which the work of a Corporate Financial Advisor is based on is facilitating mergers and acquisitions, joint venture, disposals, apart from others. They are often found in consortium with large investment banks or corporate advisory firms.

It may be pertinent to mention here that strategies that are adopted for a specific company is totally different from that of another.. Strategies are the clever techniques that are adopted to tide over war-like situations. These strategies are being designed by Corporate Finance Consulting mechanism. The work is basically the linking of capital markets ideologies, corporate strategies and financial strategies to help executives and their teams for value-addition purposes.

Worldwide there have been quite a few firms well-known in their area of expertise as Corporate Financial Consultants. Famous ones are A.T. Kearney, PwC, Ernst & Young, Mckinsey & Co., Bain & Co. Deloitte, BCG, and KPMG.

Among the new and rising firms is the Antar which is a boutique consultancy company offering clear, simple, effective and tailor-made financial services and solutions to its clientele. The name “antar” signifies “difference” and it is this uniqueness that sets “Antar” apart from other companies. Among the plethora of services that it offers, Business Recovery, Valuations, Funding, Corporate Finance Services, Transaction and Advisory comes under the endeavour of Financial Consultancy.

I, Consultant: How to Humble Brag Your Value-Added

Solopreneur consultants and other business owners are always selling, sometimes overtly and other times discreetly. To sell effectively, we must understand and articulate the reasons that clients hire us. We need talking points at our fingertips and as always, it is necessary to adopt the prospective client’s point-of-view. Why would an organization leader hire me? What is my value-added?

1. You provide expertise.

Convince prospective clients that you possess the know-how that organization staff members lack. Let them know that you have the answers (without revealing specific solutions before you sign a contract). A high-ranking job title acquired in previous employment confers to you significant credibility. Well-known clients confer significant credibility. Speaking engagements at prestige venues, especially if you met the prospective client there, inspire confidence. Blogs, newsletters and social media serve to support one of the above, but neither alone nor in aggregate will they convince an important client to hire you (unless you get enormously lucky).

2. You identify problems or gaps.

The ability to quickly and accurately grasp the big picture is essential. Nevertheless, be advised that the client may not appreciate hearing the truth. Be diplomatic in how you bring problems to the client’s attention.

3. You supplement the company’s permanent staff’.

Downsized workforces became a fact of life in the early 1990s and nearly every for-profit and not-for-profit organization is under-staffed. Big companies can often afford to hire and would be wise to hire, but company leaders would rather keep payrolls light. The loss of productivity that under-staffing causes does not show up in an Income Statement, at least if acceptable top-line growth occurs. All organizations have been hit hard by health insurance and other operating costs. Consultants are hired to fill in the labor gaps because we do not receive benefits of any kind and when the project has been completed, we leave.

4. You introduce change.

For political reasons, it may be easier to call in a consultant to implement changes that management would like to make. The consultant is better equipped to defuse or prevent any push-back or sabotage, because s/he is a neutral party.

5. You provide training for staff.

Maybe you once ran a sales department and you will provide sales training, or you ran the human resources department and you’re hired to conduct team-building or diversity workshops.

6. You assist with a turn-around.

This assignment could start with a request to facilitate a strategy planning session. Vision-Mission-Values, or Goals-Objectives-Strategies-Action Plans will drive the turn-around. You ensure that there is follow-through, enthusiasm and support for the plan and that achievement of milestones and other successes are communicated throughout the organization and celebrated.

7. You assist with the launch of new products and services.

You may do market research and confirm the best prospects for the product or service and discover or confirm key target markets and their expected dollar potential. You may take an active role in the launch, joining with the marketing team to define the primary marketing message, timing of the product roll-out, formulate the advertising strategy and approve the PR strategy.

Finally, independent consultants must pay particular attention to how we will obtain clients. That process forms the heart of our business model. Speak with friends and colleagues who are highly placed within industries where you expect to work and figure out if projects can at least occasionally be awarded to you. Further, if you work with your employer’s clients, inform your very best friends of your plan and discreetly recruit at least one or two to follow you.

Trust Certified Salesforce Consultants and Enhance Your Business’ Competencies

Your business will not flourish and grow beyond a point unless it’s properly organized. Equally, it will fail to achieve its operational targets unless its processes are streamlined. In a sense, a business which is not competent and capable may find it hard to grow or achieve any success. This is why, businesses strive hard to become organized and enhance their competencies to realize their objectives with ease.

The task of realizing objectives however is easier said than done as a lot of efforts are needed on a sustained basis. Every department, be it sales, marketing, finance, customer servicing etc., has to work in a perfect unison to help the business meet its goals. Besides, all the departments have to work with a common objective and they have to allow employees the access and sharing of data from any point.

As a result, businesses look to implement a feature-rich CRM or customer relationship management system and realize all their targets. They invest in Salesforce CRM in the hope of transforming their fate and in most cases, they succeed. At times however, the investment does not fetch the desired level of results for many reasons, including a faulty implementation. If the implementation of the CRM is not done in a right way, a business fails to gain anything out of it.

As a result, only experienced consultants are trusted and hired to help businesses remove any problems or issues with their Salesforce platform. Such consultants have successfully implemented Salesforce for users across industry verticals and this boosts their demand in the market. As they have already served hundreds of clients, both big and small businesses alike, they know what will work for your business. In fact, it does not take them long to identify your problems and come up with a viable solution.

Additionally, these consultants are often a registered partner of and considered experts of their domain. They are not only certified but also aware of all the latest products and offerings available at the platform. At the same time, they also give clients a flexibility to choose what suits them the best and what they want to have in the CRM. Being experts, they make implementation as effortless an exercise as it should be.

By trusting these capable consultants, your business leverages the CRM to the core together and extract the most out of its Salesforce investment. With expert guidance around, your business never faces any issues with the CRM and rather get a chance to expand and customize it further for more benefits. In this way, it becomes easy to enhance the competencies and realize the objectives.

In overall, a business should only hire certified and knowledgeable Salesforce consultants to boost its ROI and streamline their processes. If you don’t hire correct, your business then may not be able to grow in the same way it should have. So, take care and never make haste in selection of consultants.

CloudSocius is a leading Salesforce consultancy in the UK that is helping businesses grow and expand their base. Set up in 2012, it’s a team of talented and creative technocrats that helps deliver high performing, scalable Salesforce solutions. The company ensures that businesses – both big and small – go on and realize total worth of their Salesforce investment. It’s established with the purpose to deploy, develop and evolve the most popular CRM platform in the world and let business become organized and succeed. More so, domain-specific technical expertise is delivered so that entities get Salesforce apps of choice to extend their capabilities and competencies.

How to Protect your Business Assets

There is a famous saying that the failure to plan is a plan to fail. That appropriately addresses what happens when a business owner dies without any documents to address the transition of the business. In that case the business owner can leave a disaster for those who survive.

An easy solution is to have an experienced business lawyer prepare a simple document to allow a surviving spouse, employee, or other beneficiary to instantly take over and run or wind up the business. This allows the survivor to take advantage of the value of the business at the time of the owner’s death for the benefit of whom ever the owner desire like family or charity.

What documents can you use to avoid disaster For a limited liability company,Guest Posting which is the most common business entity used today in Florida, the document that alleviates problems caused by the death or incapacity of the company’s owner is an operating agreement. Even if the LLC has only one member or owner, the operating agreement can act like a Will for the business. My article titled Do I need an operating agreement for my Florida LLC on LLC operating agreements is a quick read and contains helpful information about those.

For a corporation, the bylaws and shareholder agreement should contain continuity provisions specifying who will take over in the event of the demise of the owner. In Florida, the LLC has eclipsed the Inc. as the preferred business entity because only one governing document is needed as opposed to two. Also, the protections are the same but the management and documentation requirements are less for the LLC. My article entitled Which is better the Inc. or the LLC discusses the differences between these two types of entities in more detail. What can I do to prepare for a transition In addition to having properly drafted governing documents like an operating agreement prepared by your corporate lawyer, a prudent measure is to develop a transition plan. The operating agreement will say who takes over, but the internal transition plan will tell that person what actually do. This transition plan is similar to what you would prepare for any disaster response. But this transition plan must be balanced against the needs of the business to protect its proprietary information.

To put it in other terms, the operating agreement is like telling everyone concerned that person X gets everything in your safe. The transition plan would tell person X how to open the safe. What is a business transition plan and what should be in it A business normally has clients, vendors, and may have employees or independent contractors. The client and vendor information may be confidential or even a trade secret. The business may have other trade secret information, trademarks, and a virtual presence like social media and e-commerce accounts. The owner may not regularly share all of that information with employees and contractors or the employees and contractors may be subject to confidentiality, non-compete, and/or non-solicitation agreements. Therefore the business owner can prepare that information but need not share it with anyone until a triggering event occurs.

As long as the person tasked to take over the business or another trusted person other than the business owner knows of the existence of the document, whether paper or digital, or its location is defined in the operating agreement or other writing, then when the triggering event occurs the document can be easily retrieved. Ideally it would contain information about the operations of the business and how to contact important parties like vendors and clients.

The transition plan should also include passwords and log-in information for all of the businesses online accounts or the location of those so the party tasked with taking over the business to run it or wind it up can more easily do so. Whether to continue to operate the business, to sell it, or to wind it up would be up to the person into whose hands the business owner placed the business in the operating agreement. Depending on the circumstances that decision could be made by that person alone or together with others. How does this transition plan apply to single member LLCs and multi-member LLCs If the LLC has multiple members, then the operating agreement will normally contain a provision for the disposition of the deceased member’s shares. For example in those cases the shares may automatically revert to the company upon a member’s death imposing a purchase obligation on the business to pay the member’s named beneficiary under an agreed formula over a specified period of time. The surviving member or members may already know how to fully operate the business but where the deceased member had some specific knowledge of certain operations a transition plan and cross training between members will ensure the continuity and success of the business they worked hard to build.

In contrast where the company has only one member, the operating agreement and transition plan becomes even more important to allow for a smooth transition and can even be useful where the owner does not die but just decides to sell. That transition plan can add to or take the place of a post-sale management agreement where the owner stays on to show the buyer how to run the business. When used in this manner, the transition plan can add great value to the purchase price akin to selling the business with a user manual.

As to what every business owner needs to know before selling their business my article on that topic is accessible by clicking the highlighted text. What is a business wind up As mentioned above the person identified in the operating agreement to take over the business must often decide whether to sell it, run it, or close it. The closure of the business it called the wind up.

When a business decides to close or is forced to close it undergoes this wind up process. Corporations are regulated in this regard by Chapter 607 of Florida’s Statutes. The wind up of limited liability companies are handled by Chapter 605. Those statutes instruct business owners how to properly wind up their business so that the owner or owners are not exposed to any liability from the business after it closes.

The basic concept for both the Inc. and LLC is to amass the assets, provide notice to creditors, and pay them before insiders. If a business owner simply takes all the money or assets to the detriment of the creditors and closes the business, the owner can expose him or herself to the claims of those creditors and may lose the protections that the business provided.

A business can cease to exist in one of three ways. First, it can be administratively dissolved if it fails to file its annual report. In that case without a proper wind up the owner or owners can still be exposed to liability. Secondly, it can be judicially dissolved if the governing document allows for that and the parties file a lawsuit. That lawsuit in common parlance is called a corporate divorce and takes the place of the wind up because it is done within the lawsuit. The third method of closing a business is a voluntary dissolution. In that situation the owner or partners meet and vote on articles of dissolution. The operating agreement may address how the wind up will occur and the votes needed for dissolution. It can also address what happens if some partners want to dissolve the business and others do not. Conclusion The business has a choice of not having any governing documents like an operating agreement and accepting what the Florida legislature has deemed appropriate under the applicable statutes or taking control of the situation with its own governing documents.

As an experienced and seasoned business litigator who has tried corporate divorces with and without operating agreements or bylaws and shareholder agreements in court I believe that it is always prudent for business owners to protect the assets they have worked hard to develop by having an operating agreement. Likewise sophisticated business owners will embrace the idea of a transition plan and prepare that so their diligent efforts to build a successful business will benefit whomever they decide should take over that business if they are incapacitated or perish. An experienced and seasoned business litigator can help your business in preparing these and other important business documents. My articles on those other options are available at