Starting a business is a complicated and daunting process. Initially, you will need to determine the structure of your business; for example, whether your company will be a corporation, limited liability company, or other business form. The decision regarding your business structure is a very important one as it dictates the proper articles to be filed with the Florida Department of State, the applicable laws, and the proper governing instruments, such as corporate bylaws or an operating agreement. In partnerships, business owners should consider a buy-sell agreement. A buy-sell agreement is a contract stipulating to the reassignment of shares in the event that a partner leaves the company or dies.