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May 2015 Archives

Without a strong foundation, any business can crumble

People in the construction industry know that every building project has to start with a strong and reliable foundation, otherwise the entire integrity of the structure is in danger. The same is true with starting a business in California. Instead of the concrete used for foundation in a construction project, the foundation of every good business is a proper business plan, articles of incorporation, and all of the legal documents necessary to create a business entity.

Does my business have to register to do business in California?

Lots of people who do business in California started their companies right here and continue to do business primarily in California. However, there are also thousands of businesses, small and large, that do business transactions and projects in California even though they are registered or were formed in other states or countries. These national and international companies also have registration and filing requirements before doing business in California.

Things to decide before starting a new business

People who are getting started in the construction industry or want to explore the option of changing their existing business structure might want to start with the basics. The different advantages and disadvantages of the common types of corporations, limited liability companies, partnerships and sole proprietorships are many, and deciding which business structure suits the company's needs is an immensely complex question.

How does one form a limited liability corporation?

For the entrepreneurial spirit, forming and cultivating a successful business is often a dream. This goal, however, is obviously much more complicated than posting a sign on a door that says "open." There are numerous elements that need to be taken into consideration, including what type of business one wants to create. One of these types is the limited liability company.

Don't let legal issues distract from getting your project done

People in California have varying thoughts on lawyers, but it is often true that most people don't appreciate the skills and services an attorney can bring to the table until they need one in their corner. In the construction industry, busy professionals don't have the time to carefully review and second-guess every decision they make in order to keep the flow of business moving. But they also know that reckless decision-making can lead to liability, so walking this fine line can be a challenge to construction company owners who don't have an extensive legal background.

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