According to the Small Business Administration, over 50% of all small businesses fail within the first 5 years. Vendors who supply credit to these small businesses must hedge their bets by requiring that the business owner provide a personal guarantee. That is, if your business fails to meet its obligations, you would be personally ...
Tag Archive: Corporation
How to Pick an Attorney for Your Business
"Pick me! Pick me!" Just kidding. Well, just a little. Inc.com is one of my favorite websites to learn more about how I can manage and grow my business. One I ...
A Corporation or Limited Liability Company Can Help You Get Business and Make More Money
While there are certain legal and tax benefits for creating an LLC or corporation, there are certainly some marketing benefits to them also. I recently had a consultation with ...
Sued For Your Debt? Get Help Early
As more and more people are getting sued by creditors, people often try to stick their head in the sand and ignore the lawsuit. Unfortunately, that won't make it go away. And if you've been sued, Sam Glover over at Caveat Emptor says to head for the nearest lawyer.
Startups: I Don’t Want to Tank Your Deal
Steve Blank has a great article & discussion on why lawyers don't run startups. While most people are only familiar with attorneys when things go wrong, there are a lot of attorneys out there that help clients wade the through their business transactions. [caption id="attachment_763" align="alignright" width="300" caption="Is Your Attorney Helping You Find Solutions ...
Brad Pitt, Topher Grace, Ocean’s 13, and Deciding to Incorporate
I recently wrote about picking an entity and the decision to incorporate. Another letter over at June Walker asks her for some advice after her friend tells her that there are advantages to incorporation. This reminds me of the ...
Should I Incorporate?
I get many clients telling me that they want to incorporate or form an L.L.C. for their latest crazy business idea. If they've done their homework and we find that a corporation is right for them, I'm always glad to assist them.
Back to Basic Basics: Picking an Entity
Earlier this week I posted on maintaining your corporate books. A couple of days later, I read over at Quick Sprout about picking an entity, in which Scott Walker from Walker ...
Back to Basics: Maintaining Your Corporate Books
Last Friday I was the speaker for the Central Orange County Chapter of Fore Networking at Mile Square Park Golf Course in Fountain Valley, California. My topic was "Maintaining Your Corporate Books."
What’s this 25102(f) Notice for my California Corporation?
If you've used a document filing service to file for your California corporation, you may have received a document called Notice of Transaction Pursuant to Corporations Code Section 25102(f). One downside of using these services is that, while they generally cost less, they cannot give legal advice, and if you are confused ...