5 Things To Keep In Mind During A Contract Signing

Keep An Eye Out For These Items Whether you’re signing a real estate agreement, an employee contract or entrepreneurial contract, it’s important to carefully read over what you’re signing. In situations like a merger or acquisition, documentation is extensive and complex, and deserves quite a bit of attention to detail. You never want

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The 5 Elements That Constitute a Binding Contract

In order for a contract to be legally binding, a few key elements must be demonstrated. In certain instances, additional features may be added to cover the best interest of the signing parties, but these five points will cover the major requisites. Offer Acceptance Consideration Mutuality of Obligation Competency and Capacity Legally

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Practice Due Diligence When Buying A San Diego Business

San Diego Business and Due Diligence When buying a business, there are always risks. The process becomes even more nerve-wracking because a business is different from any other asset one can buy. While some of the aspects of the business may be tangible, many are not. The business will likely have receivables,

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The Importance of Maintenance on your Corporate or LLC Status

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

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The Role of External Consultancy In A Closely Held Corporation

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

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Your Start-Up’s Name Could Lead to Trademark Issues

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

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Ensuring Compliance While Conducting Background Checks

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

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The Quick-Start Limited Liability Company Formation

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.

Avoiding Personal Liability from Operating Your LLC or Corporation

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.