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...
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Types of small business taxes in California
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...
Is incorporation the right move for your business?
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...
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...
