Tag: business formation

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 […]

Without a Non-Compete, How Can You Protect Your Small Business?

Without a Non-Compete, How Can You Protect Your Small Business?

In many states, a non-compete agreement is a standard part of employee contracts. They keep your employees from learning about your business only to leave and start their own competing business in the same area. Unfortunately, some employers have abused this type of agreement. For example, some employers include non-compete agreements in a contract that […]

Is Incorporating Your Small Business Worth the Paperwork?

Is Incorporating Your Small Business Worth the Paperwork?

The short answer (for most businesses) is yes. Especially if you hire the right small business attorney and get the assistance you need at a reasonable price. However, you may want to know a few of the reasons for incorporating your small business before taking this step. Protect your personal assets from liability – Setting […]

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 […]

Don’t Hire Employees for Your Small Business Until You Read This Article

Don’t Hire Employees for Your Small Business Until You Read This Article

The federal government and the state of California both have laws that protect employees. If you run a small business, there are some things that you should know about before you end up doing something that could cost your company a big fine. Eligibility – There are massive fines for hiring someone who is not […]

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? […]

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 […]