5 Tips to Ensure a Smooth Organizational Transfer

Transitioning a business from the seller to the buyer can be a complicated process. However, there are steps that you can take to make the transfer go more smoothly. The following tips may help:     Meet with the buyer or seller. Whether you are a buyer or a seller, there is a lot of value in meeting with the other party before and after the closing. As a buyer, you can pick the seller’s brain about anything Read More

4 Key Reasons Why Investment Bankers Should Hire Legal Counsel

Investment banking is a complex, and often very high-stakes industry where everything has to be handled correctly to avoid potentially dire consequences. With multi-million dollar transactions commonly taking place, investment banks are wise to take every step possible to prevent and avoid legal issues. One of the best, and most common, practices for investment bankers is to hire external legal counsel to represent Read More

Business Law 101: 5 Benefits of Registering as an LLC

So you’re getting ready to start your own business -- Congratulations! This is a huge step towards achieving your professional goals. But before you get going, you need to make sure that you register your business in the form that fits it best. Although there are many ways you can register, the Limited Liability Company (a.k.a. The LLC) is arguably the most popular and the most favored one of all. There are many Read More

The Proof Is in the Pudding: 5 Common Mistakes for Business Owners to Avoid in Their Contracts

As a business owner, contracts are one of the most important ways to protect your business relationships and dealings. Unfortunately, there are many out there who fail to use contracts to their advantage and often face others who try to take advantage of them and all that their company has to offer. While contracts are one of the most important ways to protect your company, they can also cause problems if not Read More

5 Tips for Writing a Solid Offer Letter

So you’ve been through the time consuming and often frustrating search process for the perfect new employee. And, now that you have found your ideal candidate, you want to make sure that you provide a solid offer letter so that you don’t lose them. You might be wondering, what are the best ways to go about offering the job to ensure they accept? What should you do and what is there to avoid? Below we discuss some of Read More

6 Reasons Why You Need a Registered Agent

A registered agent, sometimes called the agent of service of process or resident agent, is a person or business nominated by your company to officially receive and send important legal and tax documents on your behalf. Such documents might include service of process of legal action or state filings, like annual reports. Additionally, registered agents give the state an official contact for your company. Although you Read More

E-Discovery 101

Electronic discovery, or E-Discovery, refers to the process in which electronically stored information (ESI) is searched, located, and secured with the intent of using it as evidence in a legal proceeding. ESI includes things such as emails, documents, presentations, databases, voicemail, audio and video files, social media, and websites. Basically, it incorporates anything stored electronically. In lots of ways, it Read More

How Do You Dissolve a Partnership in California?

Business partnerships can end for any number of reasons. Perhaps one partner wishes to retire or there has been a dispute, a death, or the simple desire to re-form the partnership as a different business entity. Regardless of the reason, ending your California partnership requires several steps. In California, partnership dissolution is dictated by the California Revised Uniform Partnership Act (RUPA). Although Read More

Don’t Make These 5 Payroll Mistakes with Your Business

Paying your employees may seem like a basic and straightforward task. However, there are many common mistakes that you could be making as a business owner due to such things as staff turnover, not keeping up with local, state, and federal payroll and tax laws, and the burdens that go along with running a business. These mistakes can cost a business money and be detrimental to its reputation. The IRS penalties for Read More

Understanding California’s Trade Secret Laws

As a business owner, you likely have information that you would not want the public or your competitors to learn. This information can be anything from your marketing plan to a recipe that has been handed down for generations. Trade secrets are usually protected by nondisclosure agreements and are easily stolen because they are usually nothing more than information that is obtained by virtue of being an employee of Read More