5 Important Phases of Incorporating in the State of California
Small business owners are often enticed by the tax and liability benefits of incorporating a business. However, going from a sole proprietorship to a corporation may seem like a daunting task. Here are 5 important phases involved in setting up a new business as a corporation in California. Choosing the Company Name. You need to […]
Advantages and Disadvantages of Forming an S Corporation
If you are ready to incorporate your business, one of the business formations you are likely considering is the S corporation (sometimes shortened to S corp). What is an S corporation? What are the advantages and disadvantages of using this particular type of business setup? Let’s take a closer look at how S corps work. […]
Play 16, “Maybe You Shouldn’t Incorporate.”
Welcome to another week’s Play from my Small Business Legal Playbook. I hope the tips are helpful to you and your business, as these Plays are specially designed to give you a little insight on the legal side of running a small business. Today’s Play, Play 16, “Maybe You Shouldn’t Incorporate” is the final Play […]
Play 12, “It’s Time to Break Up, LLC Edition Offensive Strategies.”
Welcome to another week’s Play from my Small Business Legal Playbook. I hope the tips are helpful to you and your business, as these Plays are specially designed to give you a little insight on the legal side of running a small business. Today’s Play, “It’s Time to Break Up, LLC Edition” involves something most […]
5 Elements for Your California Business Formation Checklist
Are you starting a new business in the state of California? There is a lot for first-time business owners to remember, so here are five things to add to your checklist to help you get started. #1 Develop a Business Plan This can be a daunting task for a first-time business owner. If you don’t […]
3 Biggest Misconceptions About Incorporating a Business
Incorporating your small business can have great benefits when it comes to everything from separating your business and personal assets to minimizing how much you personally owe in taxes. However, there are some serious misconceptions about what incorporating involves. Here are three myths about incorporating a small business in California. Myth #1: Incorporating Your Business […]
