Bill Gates once claimed, “Intellectual property has the shelf life of a banana.” That may be true, but he has made billions off the back of his bananas. Protecting intellectual property (IP) is one of the key areas that new California businesses can get wrong. Getting...
Business Formation & Planning
Business Formation & Planning
Do you need business interruption insurance?
Every business should have some kind of insurance, including property insurance, workers’ compensation insurance and liability insurance. One type of insurance that many small business owners oftentimes neglect is business interruption insurance. However, this type of...
Do you need business interruption insurance?
Every business should have some kind of insurance, including property insurance, workers’ compensation insurance and liability insurance. One type of insurance that many small business owners oftentimes neglect is business interruption insurance. However, this type of...
5 key considerations when selling your company
When you intend to sell your business, it is essential to prepare fully for that sale. While it can be easy to focus on cleaning up loose ends as a buyer and ensuring that you receive a fair price, it is important to keep other considerations in mind as well. 1. You...
5 key considerations when selling your company
When you intend to sell your business, it is essential to prepare fully for that sale. While it can be easy to focus on cleaning up loose ends as a buyer and ensuring that you receive a fair price, it is important to keep other considerations in mind as well. 1. You...
Benefits of forming a limited liability company
One of the earliest decisions you have to make about your business is what type of structure you’re going to use. If you need to divide your personal assets from the business’ assets, you might need to look into a limited liability company, which is usually referred...
Benefits of forming a limited liability company
One of the earliest decisions you have to make about your business is what type of structure you’re going to use. If you need to divide your personal assets from the business’ assets, you might need to look into a limited liability company, which is usually referred...
Important considerations when entering a business partnership
Whether you have a $1,000,000 idea or $100,000 to invest in an idea, forming a business partnership with someone who has the same drive or motivation can benefit you both. Someone with financial security can help a person with a great plan move forward, while those...
Lenders and business plans
Many entrepreneurs need some type of financial assistance when starting a company. While it is sometimes possible to raise funds for investors, many startup owners will initially rely on a bank loan to fund the initial costs of doing business. Applying for a business...
Mistakes that could result in a failed business
There is no guarantee that a company formed in California or any other state will succeed. However, there are steps that a business owner can take to improve his or her chances of creating a successful company. For example, a company should have a financial plan, a...