Business Law

4 kinds of contracts that most new businesses could use

Some people will tell you that a contract is the lifeblood of a business, while others will tell you it is your first and only line of protection against the misconduct and failings of others. Regardless of how you view contracts, there's little question that they are...

Can you retire early if you run a business partnership?

Perhaps the doctor recently diagnosed your spouse with cancer, or maybe the business has just been more financially successful than you originally anticipated. There are countless reasons why you may realize several years into a successful business partnership that...

Strong business contracts benefit your business

Contracts are some of the most valuable tools available to a California business. Legal agreements allow two or more parties to enter into a business relationship confident of their rights and responsibilities. When entering into any type of business relationship, it...

3 ways successful businesses have adapted post-Covid

The outbreak of COVID-19 changed the way people do almost everything. Along with daily routines, it also changed how companies do business. While some businesses struggled and ultimately closed, others could survive or thrive under the new economic climate. When...

Preparing a succession plan in California

If you own a business, you need to have talented people ready to take over key positions of your company in the event that you, or other executives, leave the company. You want the business to remain stable when you retire while ensuring that your heirs are also...

Non-financial reasons to sell your business

In California, many business owners consider selling their companies at some point. Understanding how to identify the right time to sell a business is important before an owner decides to put it up for sale. Before doing so, an owner should first consider why they...

Signs that it is time to close your small business

Many people dream of opening their own business and becoming a successful entrepreneur in California. However, reality isn't always that simple. Here are a few signs that it might be time for you to shut down your small business. Lack of customers One of the biggest...