Category: Business Formations

Three Reasons Your New Startup Needs a Business Attorney (1)

Three Reasons Your New Startup Needs a Business Attorney

Every small business owner or the founder of a new startup should want a business attorney in their corner. Why is this the case? Here are three things that a small business attorney can do for you. Business formations – You know that there are tax advantages to forming a corporation rather than a sole […]

What Will the Coronavirus Stimulus Package Do for Your Small Business?

What Will the Coronavirus Stimulus Package Do for Your Small Business?

As this article is being prepared, the Senate has already passed the coronavirus stimulus package, and members of the House of Representatives are traveling to the nation’s capital for a vote. If the package is passed as-is, how will your small business benefit? Here are a few highlights: Direct payments – Unless you or your […]

Why You Should Have Business Contracts in California

Why You Should Have Business Contracts in California

In California, you can argue breach of contract in a court of law, even if you only had a verbal agreement with someone. So that does that mean business contracts are useless? Absolutely not! In fact, there are some situations where the courts will not hear your case unless there is a written contract. Here […]

How to Know If Your Small Business Requires an Employer Identification Number (EIN)

How to Know If Your Small Business Requires an Employer Identification Number (EIN)

Many small business owners get confused as to whether they need an EIN. The secret is in what the acronym stands for – employer identification number. Clearly, this number, which is acquired from the government for tax purposes, is primarily for businesses with employees. With that in mind, a sole proprietorship falls into one of […]

What’s in a Business Contract Anyway

What’s in a Business Contract Anyway

Business contracts are very important for small business owners. When drafted properly, they can protect your assets while helping you to determine the scope of much-needed business relationships. From lease agreements to employee contracts, here are a few things to look for in a business contract. Termination clause – If there are going to be […]

Read These Important Reminders Before Entering a Business Partnership

Read These Important Reminders Before Entering a Business Partnership

There are many ways that you can structure a business. When two people are going into business together, the first structure that you may think of is a partnership. What do you need to know before entering into a business partnership? Here are a few considerations. Is a partnership the best business formation for us? […]