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...
A Strong Advocate For The Vietnamese Community
Business Transactions And Litigation
Corporate bylaws
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...
Here’s what can make your contract unenforceable
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...
What can you do to resolve business partnership disputes?
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...
Top 3 considerations when buying a small business
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...
Coverage options with a business owner’s policy
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...
How to create a business succession plan
Estate planning is one of the most responsible things that you can do, as it helps ensure that your estate doesn’t get held up in your local probate court, leaving your heirs in a position to be tied up in litigation for months or even years. While many people assume...
Avoiding legal mistakes as a small business owner
Residents and businesses in Westminster and other areas of California may want to learn more about common legal mistakes. If you are a small business owner or are considering starting your own business, you may want to learn about these common mistakes so that you can...
Can partners sell their shares without your consent?
California law allows an individual to sell his or her interest in a partnership without your consent. However, it may be possible to override state law by creating a custom partnership agreement. Let's take a look at what might happen if your partner decides that he...
What should I know before buying a franchise?
Some entrepreneurs look at purchasing a franchise as a safe bet. After all, you have a ready-made brand and clientele at your disposal, so it stands to reason that you might think success is assured. This is not the case, however. Franchisees face just as much...