Since half of all marriages in the US end in divorce, should it really be a surprise that business partnerships often do not work out? There are so many things that can come between business partners, for example: One partner may feel that he or she is carrying all of the weight of business operations […]
If you have an idea for a small business, you may wonder whether it is worth it to form an LLC or if you should just make it a sole proprietorship. First, let’s address what an LLC is. It stands for Limited Liability Company. It is a legal structure that allows you to be a […]
The DMCA (Digital Millennium Copyright Act) was put in place to protect intellectual property (IP) that is published on the Internet (basically anything that is uploaded from text to pictures to videos). So why do you need to protect your online web content if the DMCA is already in place? Here are a couple of […]
Incorporating can have some great benefits for a small business owner. However, it is important to understand the different types of corporate formations and whether or not they will meet your personal business needs. Here are some things you should know about an S corp. What Is an S Corporation? Organizing your business as an […]
Whether you call it a confidentiality agreement or an NDA, you want this business contract to be a regular part of your dealings with any employees, contractors, or private consultants your company uses. Why is it so important? Defines confidential information – You may feel that anything you tell your employees via email is confidential, […]
Intellectual property (IP) is the lifeblood of a small business. Everything from the way to do business to the details of something you may have invented can give you a competitive edge. But not if a corporation sees your product or process and copies it. How can you protect yourself? With a patent! Here are […]
A lot of small business owners ask this question. The answer is given away by the name, but you have to know what the initials stand for. EIN means employer identification number. With that in mind, it becomes clear that this number is only for employers. So the real question you have to ask yourself […]
So you want to be a small business owner but you don’t want to start from scratch? Buying an existing business can be a good option. However, there are a few considerations when you purchase an existing business in California. Here are some things to watch out for. Seller’s permit – The seller’s permit doesn’t […]
Non-Compete Agreements are common in the modern business world. After all, an employee of a small business is very quickly going to the learn the “secret sauce” that gives your small startup a competitive advantage. So what is to stop an employee from breaking away and becoming your primary competitor? Non-disclosure agreements between a business […]
When you start up a new business, you have a number of business formation options. Small business owners choose a sole proprietorship since it is the easiest to set up. However, there are several big advantages to incorporating. Here are three reasons to consider it. Tax savings – Self-employment tax is basically a double tax […]
