If you are a member or manager of an LLC you should know that California has adopted the California Revised Uniform Limited Liability Company Act (“RULLCA”, full text here leginfo.ca.gov) which replaces current LLC law. RULLCA will take effect on January 1 and applies to all existing California LLCs and foreign LLCs registered with the Secretary of State. RULLCA should bring California LLC law more in line with the Read More
How to Dissolve a Corporation
So, you want to know how to dissolve a corporation? Of course, when determining how to dissolve a corporation it depends on the state where your corporation is filed. But, generally speaking, you need to do the following steps: First, when determining how to dissolve a corporation, you should check with the Secretary of State in the state where your corporation is filed to make sure the corporation is in good Read More
Articles of Incorporation: Why?
Why do you need Articles of Incorporation for your corporation? There are many aspects of forming and maintaining a corporation that are overlooked if you do not get the proper advice. Usually people understand the articles of incorporation piece of forming their corporation because that is the piece of paper that you need to file with the secretary of state. The articles of incorporation form your corporation or, Read More
How To Dissolve a Business, Do You Know What To Do?
So, you're asking how to dissolve a business? Well, I'm sure you know the answer, that is "It depends." How to dissolve a business is dependent on many factors including what , if any, business entity you have, what kind of business you are running, whether there is debt involved, your reasons for dissolving your business, etc. All of these pieces must fit together into an orchestrated event to determine how to Read More
Articles of Organization: What Are They and Why Do You Need Them?
Articles of Organization are an integral part of your limited liability company or LLC. Actually, the articles of organization is the document, usually a form, that gets filed with the Secretary of State and officially forms your LLC. It is similar to the articles of incorporation, but that document forms a corporation where the articles of organization form an LLC. What goes into your articles of organization? Read More
How To Find An Attorney To Represent Your Small Business When You Have Been Sued
How to Find an Attorney Of course, as a small business owner one of the relationships you should form early on is one with a small business attorney. But, if you need to figure out how to find an attorney, then you can follow one or more of these steps: 1. Ask Around. You can ask for recommendations from (1) other business owners; (2) professionals, such as your insurance broker, accountants, bankers and others Read More
Best Small Business to Start Up
Ever wondered how to start the best small business? I often wonder what is the most successful. Being a small business lawyer, I see many types of small businesses and listen to many different small business ideas, but the best small business can vary widely depending on where you are, both physically and in your life, what your likes and dislikes are, are many other considerations. Of course, every year several Read More
Small Business Idea, Add a Dash of Planning, Voila!
Got a small business idea? Many people these days are branching out from the large corporate jobs that were the norm one or two decades ago and going it on their own. All it takes is a small business idea and a lot of perseverance. Of course, we all have been witness to how one small business idea can turn into multi-millions or billions of dollars, but that is the exception to the rule and not the norm. Not Read More
How to Start a Business
When considering how to start a business, there are many things to think about. First, of course, you need to have a good idea or at least one you can make something out of. Then, when deciding how to start a business, you should start to put together your business plan. This step will put a lot of things that need to be done into perspective. The business plan will not only lay out for you the best way to move Read More
Employee Handbook Pitfalls; Small Business Owners Beware
An employee handbook is an important part of making sure your small business runs smoothly. Once you start to bring on employees, an employee handbook should be drafted, maintained, and updated to reflect your current policies as well as those required by law. When reviewing an employee handbook for a small business client, I often see provisions included that, although are mandated by law, are not applicable Read More
