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Jessica
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Isaac, Esq., Expert
Thank you for your question. Please permit me to assist you with your concerns.
My name is ***** ***** I am a licensed attorney that has been answering questions on JustAnswer since May of 2009. I am happy to help with your question. Please allow me a moment to review your question and to compose a reply or ask you questions to best understand your unique situation.
I am sorry that you find yourself in this situation. I will help as much as I can. One moment while I type up my response.
Isaac, Esq., Expert
Hello,
Would this be a 'brick and mortar' start-up, or a virtual start-up? Please advise!
Isaac, Esq., Expert
Hello,
Nice to meet you as well. I am reviewing the requirements just to be clear, and if you are creating this in Florida, I am not seeing a COLI requirement. So no, this does not appear to be necessary:
https://dos.myflorida.com/sunbiz/start-business/
Sincerely,
Isaac, Esq.
Isaac, Esq., Expert
You are most welcome and glad to help!
I am sorry but that is not something that I can answer for you--that is a condition that a customer is requesting, it is not a requirement which means that you can accept, refuse, or negotiate for different terms. That is a business question for you to answer as a business owner, not a legal requirement.
I hope that I was able to answer your questions in full.
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Sincerely,
Isaac, Esq.
Isaac, Esq., Expert
Thank you very much!