What Does Consideration Mean in a Business Contract?

Business contracts can be complicated for a small business owner, even when it comes to things like terminology. For example, in everyday speech, the word consideration means that you are giving something careful though. However, in business, it has a very different connotation, especially when it comes to business contracts. Let’s discuss the legal definition […]

3 Benefits of a Non-Disclosure Agreement (NDA)

A non-disclosure agreement (NDA) is also sometimes referred to as a confidentiality agreement. This business contract helps to protect confidential information that may have to pass between individuals for the sake of a business arrangement. Depending on the guidelines set forth in the NDA, both parties commit not to disclose confidential business information to any […]

5 Steps to Selling Your Business in the State of California

If you are looking to sell your small business in the state of California, here are a few things you need to consider. #1 Proper Valuation of the Business Before you can sell your company, you need to have a general idea of what it is worth. It’s going to come down to things such […]

Small Business Legal Playbook|Play #8: “Family Business”

small business legal playbook play 8 family business

Welcome back to another week of the Small Business Legal Playbook! Play 8 is titled “Family Business.” In some sports, the franchises are owned by families. There’s no better example than in the NFL, where many teams are owned and controlled by single families. Sure, it’s on a different scale from a start-up, but even […]

Play #4: The Forum Selection

pokala law the forum selection

Welcome to another week’s Play from my Small Business Legal Playbook. I hope the tips are helpful to you and your business, as these Plays are specially designed to give you a little insight on the legal side of running a small business. People enter contracts on almost every day of their lives, often without […]

Play #3: The Independent Contractor

Pokala Law APC Independent Contractor Attorney

Our Play this week is called the “Independent Contractor.” Every business, both big and small, tries to find a way to save on costs. Many small businesses try and cut costs by hiring independent contractors instead of hiring employees. This can be tricky, and if done properly it is potentially incredibly lucrative. However, it is […]