Business Formation Advice – Choosing a Business Type
If you are starting a new business, you have to make some basic decisions about how the company will be set up. For example, some small business owners just want to maintain a sole proprietorship in order to keep things simple. While this involves the least paperwork, it subjects your income to the self-employment tax, […]
Protecting Your Business in CA, Where Non-Compete Agreements Are Banned
California is one of 4 states that has banned non-compete agreements. What is a non-compete agreement? Why are they banned in California? How can you protect your company’s intellectual property without a non-compete agreement? Here is what you need to know. What Is a Non-Compete Agreement? A non-compete agreement is a business contract designed to […]
Intellectual Property Is the Lifeblood of Your Business
What is intellectual property? Basically, this term refers to any creative ideas an individual comes up with. From a written document to a new invention or a software application, intellectual property spans the entire range of creative and artistic works. Why is intellectual property so important to your business? This is what gives you a […]
Should Your Small Business Incorporate?
Most small businesses start out by operating as a sole proprietorship. You may have filed for a fictitious business name (called a DBA in some states) so that no one else can use your business name and you can do things like setting up a bank account in your company’s name. However, there are many […]
Small Business Legal Playbook|Play #8: “Family Business”
Welcome back to another week of the Small Business Legal Playbook! Play 8 is titled “Family Business.” In some sports, the franchises are owned by families. There’s no better example than in the NFL, where many teams are owned and controlled by single families. Sure, it’s on a different scale from a start-up, but even […]
Small Business Legal Playbook|Play #7: “Overtime”
Welcome back to another week of the Small Business Legal Playbook! Play 7 is titled “Overtime.” In some sports, overtime means sudden death, and whoever scores next wins the game. In the NFL, whoever gets the ball first in overtime knows exactly what they need to do to win the game. If they score a […]
