Category: Business Formations

Why Small Business Owners in Southern California Need a Business Attorney

Why Small Business Owners in Southern California Need a Business Attorney

If you are a small business owner in southern California, it is a good idea to have a business attorney that you can call. Here are a few times you will want to consult with your attorney to help your business run smoothly. When signing contracts or agreements – Before you sign a lease, a […]

Don’t Make These Mistakes When Forming Your New Business

Don’t Make These Mistakes When Forming Your New Business

Forming a new business can be a daunting task, especially if you want to create an LLC instead of a sole proprietorship. While there are plenty of benefits, you need to watch out for some potential pitfalls if you want to attain those advantages. Here are a few mistakes to avoid: Thinking it’s too difficult […]

How to Maintain Your Small Business’s Corporate Status

How to Maintain Your Small Business’s Corporate Status

There are many benefits that can be derived from incorporating a small business. For one thing, you get protection for your personal assets by separating them from your business. You also get a number of tax benefits, including deductions that can only be taken by corporations. But these benefits only continue as long as you […]

What to Do When a Business Partnership Fails

What to Do When a Business Partnership Fails

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 […]

What Is an S Corporation (and Is It for You)

What Is an S Corporation (and Is It for You)?

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 […]

3 Reasons to Incorporate Your Small Business

3 Reasons to Incorporate Your Small 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 […]

Don’t Hire Your First Employee Without Consulting This Checklist

Don’t Hire Your First Employee Without Consulting This Checklist

Employment law in California is always changing, so as an employer, you want to be sure to stay updated so that you avoid potentially costly fines. Here are 5 things you should always check before hiring an employee. Confirm eligibility – You have to make sure that your employees are eligible to work in the […]

5 Things to Look for in a Business Attorney

5 Things to Look for in a Business Attorney

If you own and operate a small business, you no doubt understand the importance of having the right business lawyer on speed dial. So how can you choose the right lawyer for your business? Here are 5 tips: Honesty – You want a business attorney who will not only tell you the truth but who […]