Three Mistakes People Make when Forming an LLC

Three Mistakes People Make when Forming an LLC

Starting a new company can be a daunting task, but it may be just what you need to gain financial freedom. Perhaps you have heard of the potential benefits of forming an LLC (limited liability company). Here are three mistakes to avoid if you want to succeed: Thinking it’s impossible – While it is true […]

Maintaining Corporate Status for a Small Business in California

Maintaining Corporate Status for a Small Business in California

If you have incorporated your small business, it is no doubt because you understand the many benefits that can be derived from this type of business formation. One example is that you reduce your personal liability. Your personal assets, like your vehicles and home, are not tied up with your business, so creditors can’t go […]

What May Cause a Business Partnership to Fail?

What May Cause a Business Partnership to Fail

Are you considering a business partnership, or are you already in an existing one? While this is a popular formation for a small business when there are going to be two co-owners, you have to be prepared, just in case things don’t go as planned. What are some of the most common reasons that a […]

Tips for Starting a New Small Business Online During COVID-19

Tips for Starting a New Small Business Online During COVID-19

With non-essential businesses closed down in California, many of us are out of work or handling a reduced workload. Could this be the time to start that online business you’ve been thinking about? Here are a few quick tips. Come up with an online business idea – From tutoring to making small items to sell […]

What Will the Coronavirus Stimulus Package Do for Your Small Business?

What Will the Coronavirus Stimulus Package Do for Your Small Business?

As this article is being prepared, the Senate has already passed the coronavirus stimulus package, and members of the House of Representatives are traveling to the nation’s capital for a vote. If the package is passed as-is, how will your small business benefit? Here are a few highlights: Direct payments – Unless you or your […]

Why You Should Have Business Contracts in California

Why You Should Have Business Contracts in California

In California, you can argue breach of contract in a court of law, even if you only had a verbal agreement with someone. So that does that mean business contracts are useless? Absolutely not! In fact, there are some situations where the courts will not hear your case unless there is a written contract. Here […]