Before you launch a new business, it is critical to make sure that your business idea itself is actually legal. If you're worried about it, there is reason to be cautious. Do not get ahead of yourself and start spending money, only to find out the idea is illegal when you are about to open your doors. The government could shut you down and it may cost you an incredible amount -- even if you do not face legal charges.
Picking the right business partner is as important to the success of your company as anything else you'll do during the business planning stage. You need someone who will work with you, help to advance and redefine your vision and make the company stronger than you could make it alone.
Whether you already operate a business or are planning to start one, you will want to read on in this post. Today, we will take a look at the limited liability company (LLC) and the advantages it brings to businesses. The most important thing you need to know about an LLC is that it combines features from corporations and partnerships built into a hybrid. LLC laws are governed in each individual state but recognized in all of them.
When a business decides it's time to merge with another business, there are plenty of things that need to be looked at prior to the deal being finalized. Companies need to know that a merger is not always a negative thing. In fact, many mergers occur in an effort to corner the market on a product or service. This helps companies expand their bottom line, which can trickle down to the employees. So, what are some things a business should focus on with a merger?
Many business owners often wonder why they would ever need a business law attorney on their payroll or on retainer. It's not uncommon to think about this issue, especially when many issues can be handled without the help of an attorney. For example, picking your company's name and writing a business plan. But, there are some more complicated issues that should be handled by an attorney.
Thinking of starting your own business in California? You might be worried about how difficult the process is or even if your business would qualify. Don't let these worries get in the way. It's actually quite easy to start a business in the state, but it's always a good idea to have an experienced business law attorney on your side in the event that any legal issues arise.
Just like any other entrepreneur in California, contractors are well aware of the need for effective advertising. However, as we've established in prior posts, unlike many other classes of entrepreneurs, contractors are subject to strict advertising requirements.
As we discussed in our previous post, California contractors looking to capitalize on the demand for repair and renovation projections brought about by the strong residential real estate market need to be aware that they are subject to strict advertising requirements.
The demand for residential property here in the Golden State remains strong just a few months into 2017 -- much to the delight of realtors and prospective home sellers. Indeed, statistics show that home sales across the state remain strong, experiencing only a slight dip in February.
When a group of talented individuals reaches the momentous decision to join forces and start a business, it initiates a formation process that can often prove to be equal parts fulfilling and frustrating.