Legal Requirements Never before has it been easier to form a Corporation or LLC. Once you have made a decision between the two structures, the details of establishment can be implemented relatively quickly. With agencies boasting 15-minute forms and 24-hour Articles of Organization, the convenience often belittles the subsequent maintenance. We would
Some Limitations and Restrictions Closely held corporations, sometimes called close corps, are companies controlled by a small number of shareholders. In most cases, the original investors maintain control of their shares for the long-term, with little interest in selling shares or relinquishing any powers. “Closely held” is defined by the IRS as
Avoid Problems From The Start Founders of up and coming companies have a dear place in their heart for the name of their startup. Some of them even have a business name before they have a business model. The majority of issues that evolve into trademark litigation can be avoided. While there
Authorizing Background Checks Must Exclude Liability Wavers Conducting background checks on prospective employees is a practice companies large and small carry out to ensure the candidate is who they say they are. For organizations operating in the upper echelons of their industry, background checks are mandatory. Employers, therefore, must understand the processes
Trademark Steps Background: The legal definition of a trademark is, “any word, name, symbol, or design, or any combination thereof, used in commerce to identify and distinguish the goods of one manufacturer or seller from those of another and to indicate the source of the goods.” 15 U.S.C. §1127. Simply, a
At some point of operating your San Diego business, you may find it necessary to acquire an influx of capital to grow your business further. This can generally be achieved in one of two ways: debt or equity. When raising capital through equity, however, there are substantial and complicated government regulations that
If you are an individual looking to form a business entity by yourself, a limited liability company (“LLC”) is one of the easiest liability-limiting business entities to form and manage. In this article, we provide you with simple steps that will help you get started.
One of the main reasons for forming any San Diego business entity is to avoid personal liability for your company’s obligations incurred during business. In this article, we provide you with information to avoid liability, including a checklist produced by the California courts for determining whether the alter-ego doctrine might be applicable.
Limited Liability Company (“LLC”) or S-Corporation? Which is best for my business? Compare the similarities and the differences in these two entities and see which the best fit is for you.
Starting a new business in San Diego the right way can be a big undertaking, but with a solid business plan and having a strategy in place, you will have a much easier time. In this series of articles we will cover many important topics to starting a new business. In this article we will consider the following: Choosing how to structure your business, filing your tax and employer identification documents, and how to search for any applicable licensing or permitting requirerments.