Orange County Business & Commercial Law Blog

New businesses have been the heart of California since it was founded, although the needs of the citizens and the available resources have changed a bit in modern times. One thing has not changed, however, and that is the need to plan what a business needs and how its assets are deployed to build its future.

Sometimes, you have the start from the basics with a template business plan. These documents can be helpful when founders need to think about early priorities with a little bit of help. In some cases, initial business plans may be made entirely with resources like templates.

California's economy has always been a large and complex entity, and it supports millions of people in hundreds of industries. One level of the economy, often called the "gig economy," is a big part of how people get into and move up through the many jobs that are available.

But freelance and temporary employment are more than they once were. These arrangements used to cover work that would wrap up quickly or employees who needed help entering the job market, but state officials in Sacramento have become concerned employers were using gigs to keep employees from claiming benefits.

Let's start a business! It's a vital part of the American dream to be your own boss and make your best ideas a reality. Maybe you won't get rich, but you may be happy and support your community and your industry with jobs and innovation. But if you want to get to success with an independent business, you have to put some preparation into it.

Market research is always a good start. Large corporations focus on market research when they are ready to develop or introduce new products. Understanding what to make and for whom will help generate an outline of the business. This includes what the business will do and what it will not, pointing the way to relationships with outside vendors and other third parties.

Construction is a great business to be in. Land values and the social importance of new housing are near an all-time high in California. So, why aren't more firms getting into the industry? Because it's not easy creating the future real estate for homes and businesses in the Golden State.

Few builders are unfamiliar with litigation of some kind. Time in court may be required when creating or expanding a business, especially if expansion include purchasing other firms. Labor disputes and regulatory red tape can also bring contractors and specialists into legal proceedings, as well as increase the need for a lawyer on their side.