Business Formation: Deciding on the Right Entity

Limited liability entities, such as corporations and LLCs, foster entrepreneurship and innovation because, without the protections entities afford, few people would take the risk to start their own businesses. While the initial registration of a corporation or LLC is straightforward enough – usually consisting of filing articles of incorporation or organization (often as a standardized…

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Ditching Delaware

Why forming in the First State shouldn’t always be your first choice. The second smallest state in the Union sure has an oversized role when it comes to corporate governance. Legal entities actually outnumber Delaware residents in most years, and around two-thirds of the Fortune 500 companies are headquartered in the state. As the owner…

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Why You Shouldn’t Buy a Business Without Legal Due Diligence

Purchasing a business in the millions? Legal due diligence is a must. How about $500k, $100k, or even $30k? A common misconception among small business buyers is that legal due diligence is unnecessary because of the lower price tag. Assessing the need for legal due diligence on a target business based solely on the purchase…

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Doing Business in California

The phrase “doing business in” has different meanings for the purpose of determining whether the business is subject to California taxes or to California regulations (both for internal governance and external activities), or whether it must register as a foreign entity in California.

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You Can Fix That, Lance Bass!

Need to change the name of your LLC or corporation? Don’t make the mistake Lance Bass made in “Single Parents” – you don’t have to live with any errors in your corporate or LLC name. You can fix that, Lance Bass (and every business in California).

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How to Remove a Partner

what’s scarier than a partnership gone bad? Unfortunately, for many business owners and the lawyers who work with them, the nightmare of partnership disputes doesn’t happen only on Elm Street and it certainly doesn’t wait until Halloween.

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Best Practices For Your Business

Running a business is tough. There’s entirely too much for business owners to keep track of on a daily basis, so prioritizing is important. With everything going on, the last thing a business wants or needs to encounter is legal trouble.

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