Considering an M&A? Think About These 5 Things First

Successful mergers and acquisitions (M&As) can help companies enhance revenue, enjoy cost savings, serve new markets, and much more. While it may seem like an exciting prospect for your business, there's always the chance your M&A could fail to deliver on its purpose. If you're considering an M&A, you need to look at the facts well in advance. These tips are designed to help you think about your potential Read More

7 Things You Can Do Right Now to Protect Your Business from Frivolous Lawsuits

When running a business, getting sued is not something you can always avoid. Unfortunately, some people see businesses as targets for lawsuits because they hope that the business will either settle out of court, or that they will get a judge to rule in their favor. Even when someone files a frivolous lawsuit, it can be quite costly. Having to go through the process of having an attorney go to the judge to explain why Read More

“Actual Use” vs. “Intent-to-Use” Trademarks

A trademark is a word, groups of words, or a symbol that is registered so that it can be used in association with a company or a product. Another individual or business can not utilize something that is trademarked. It is used more often by companies that want their customers or clients to know that a particular product or service is associated with their business. There are two general ways to register a Read More

4 Contracts Every Business Should Have Their Employees Sign

Contracts are a huge part of virtually any business. Contracts are used for inventory, supplies, and even routine maintenance. However, they are often overlooked when it comes to employment issues. Nonetheless, having employees sign certain contracts, even if they are not signing an employee contract as a whole, can be useful for your company. Confidentiality Agreements Many businesses have valuable production Read More

A Brief Guide to Patentability for California Businesses

A patent is a legal tool that allows you to have exclusive rights to an invention for a period of time. It requires that you disclose the details of the invention to the public by filing a patent with the U.S. government. Patents allow inventors to control who uses their ideas and permits them to derive monetary value from the invention. Without a patent, someone else could easily copy the design and market it Read More

Closing Down Shop: How to Shut Down a California Corporation

You may have several reasons to close down your business—from financial problems to retirement. When you are ready to close your business for good, it is not as simple as just hanging up your hat and walking out. Instead, you have certain legal obligations that you must meet for your corporation to be considered legally dissolved. In California, C-corporations have certain annual reporting requirements and fees. Read More

Contractual Confidence: 5 Tips for Business Contracts You Can Trust

Businesses run on contracts. Whether it is a complex contract with a client or a simple delivery arrangement with a supplier, good contracts make business operations run smoothly. Contracting with others can be tricky, but it is definitely necessary. Use these tips to create contracts that are more likely to stand up to legal scrutiny. Write it down. Although it may be tempting to use oral contracts or Read More

How to Discipline Your Employees Without Getting Sued

Dealing with staff that does not perform up to standards or expectations can be difficult. It is especially hard when the employee is insubordinate or does not seem to care about the work they do. It can be tempting to simply fire an employee immediately when their job performance is not up to par, but, from a legal standpoint, doing that may not be a good idea. As a general rule, most employee relationships are Read More

Winding Up a California LLC

Each limited liability company (LLC) in California is registered with the state. Dissolving the LLC also requires state involvement. The first step in ending an LLC in California is actually dissolving the LLC. Next, the LLC will “wind up.” During this period, the LLC only exists to deal with certain financial and practical matters that the company must address before closing its doors. Members of the LLC can Read More

Proactive Partnerships: 5 Potential Scenarios You Should Address in Your Partnership Agreement

Even relatively minor disagreements in a partnership can cause serious disruptions in business and can even force the partners to dissolve their partnership. Planning ahead can prevent many partnership disputes before they happen. Any time that more than one person can make decisions that significantly affect the business, a partnership agreement should be in effect. Although written partnership agreements are not Read More