I am running across more and more small business owners who have declared to me that practicing law is a matter of completing legal forms. Well, sort of. What these small business owners are missing is multi-fold: 1) There are plenty of legal forms on the internet and elsewhere, but part of the issue is knowing which legal forms to complete. 2) The form you may think you need may not be the correct form at Read More
If You Are Lacking the Proper Business Entity You May Be At Risk
Why operate your small business under the proper business entity? In short, it depends. It depends on your goals and those of your small business, but don't worry, when you work with the right business lawyer, all that will be fleshed out with you. You should note that the best entity for you and your company may be different than the entity recommended to one of your competitors or someone else in your line of Read More
Is an S-Corporation Right for My California Business?
An S-Corporation is a form of corporation that operates with many more restrictions than a traditional C-Corporation. Like a Corporation, a California S-Corporation generally provides liability protection to its shareholders, however, to determine the shareholder liability for debts of the business you should look to the underlying entity, which can be a Limited Liability Company or a Partnership, for Read More
Is a Corporation (or C-Corporation) Right for My California Business?
When you think of a corporation you undoubtedly think of a company like Google or Apple. These are both fine examples of corporations but you don't have to be the size and stature of one of these corporations that are household names in order to be a prime candidate to form a corporation. Corporations can be C-Corporations, like Google is and is what we usually think of when we think of corporations, or can be Read More