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 Law Group guest posts on a Beginner’s Guide to Corporate Entities. It’s a nice quick run down on all the various entities, advantages, and…
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.” While there are advantages and disadvantages to each business structure (sole proprietor, limited liability company, corporation), a popular benefit of forming a 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 or unsure about…
If you filed for a new corporation on or about January 1, 2009, you will need to file your Statement of Information very soon if you haven’t do so already: Every domestic stock . . . . corporation shall file a Statement of Information with the California Secretary of State within 90 days after filing…
I recently wrote about Why You Should Start Your Own Business Now, and fellow business attorney Joseph Dang has written an article in the San Diego Business Examiner about starting a business during a recession. If that isn’t enough for you, President Obama has promised to thaw the credit markets to help small businesses, including…
Entrepreneur.com has an article titled “The Basics of Business Structure“, where author Michael Spadaccini explains the differences between the various types of business structures and advantages and disadvantages. Professional Corporations If you a professional (e.g. doctor, lawyer, engineer, etc) and are interested in forming a corporation, you must file for a professional corporation; you cannot…
When you are starting a new corporation, is important that you keep in compliance with the California Corporations Code; failure to do so can result in suspension of your corporation, which would require you to revive it should you dissolve it or continue to operate it. You may have received official looking letters from what…
A lot of companies like to get incorporated at the beginning of the year, as closest to January 1 as possible. If you’re one of these companies, your Annual Statement of Information is already due or will be due soon. For some time, the California Secretary of State has allowed corporations to file it’s Annual…