Pokala Law Blog

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 […]

Why Have Contractors Sign a Non-Disclosure Agreement (NDA)

Why Have Contractors Sign a Non-Disclosure Agreement (NDA)?

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, […]

Considerations When Purchasing a Small Business in California

Considerations When Purchasing a Small Business in California

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 […]

Protecting Your Small Business Without a Non-Compete Agreement

Protecting Your Small Business Without a Non-Compete Agreement

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 […]

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 […]