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Creating a limited liability company in California may be an effective way to protect yourself from claims made by clients, employees or other parties. If a judgment is rendered against the business, only company assets can be used to satisfy it. One of the key...
Business owners realize they must keep their enterprises solvent to keep them operational. Reduced cash flow and changing market conditions are not the only factors that might hamper a business in California. Civil litigation could prove costly, and business owners...
California State Controller Betty Yee, along with other economists, believes the country is either already in the midst, or headed for a complete recession within two years. During a Solvang Chamber of Commerce conference on Aug 24, Yee noted that some of the largest...
California has some of the highest business taxes in the US. It's important to choose your small business structure wisely to reduce your tax burden. Taking advantage of tax saving strategies will also help minimize how much you owe. Corporate tax California has a...
There are countless business operations in California that have grown to a point of owners needing to reevaluate the company business format. A "doing business as" declaration will no longer suffice for these managers. Likewise there are many potential entrepreneurs...
For people in California who are looking to start a business, corporate bylaws are an important topic to understand. The provide the foundation for how a company will act and how it intends to conduct itself. Meaning of corporate bylaws Corporate bylaws are not just a...
Business contracts are an essential part of running a business in California. They protect both parties involved in the transaction and ensure that everyone is held to their obligations. However, there are certain conditions that can make a business contract...
Starting a California business with a partner is exciting. However, if you and a partner run into disputes, you will want to find ways to resolve them. Buy-out One way to resolve a business partnership dispute is to have a buy-out. This means that one partner buys out...
Buying a business in California can be an intimidating experience. You are essentially risking your money, time and effort on something that may or may not work out. While there are no guarantees in such undertakings, there are a few things that you can do to minimize...
A small business represents an entrepreneur's investment of time and money. Companies also take risks regarding whether a venture will be profitable, and profits don't always involve sales and revenue. A lawsuit could cause significant financial losses, especially...