Many different industries produce waste products that can impact water quality, especially if they discharge those wastes into local waters. The Clean Water Act obligates companies around the country, including those in California, to take responsibility for...
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...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...Sources of new business financing
One of the biggest challenges faced by California entrepreneurs is securing the capital they need to fund a new business venture. Traditional banks adhere to strict underwriting standards and will generally want to see an established track record before they lend...What to know about LLCs
Businesses that are formed in California are likely able to structure themselves as a limited liability company, or LLC. This may be possible whether the company has a single member or multiple members. Members can include individuals, other LLCs and corporations in...Creating a successful startup company in California
Even when a great idea is at the heart of a business concept, success isn’t likely to come overnight in California. Plus, there is no guarantee any business will succeed. That being said, there are some steps that startup owners may be able to take to increase...
