Running a successful business requires more than just a good idea for a product or service. Without a solid legal foundation, it's impossible for your company to run effectively. In these articles, we discuss what factors entrepreneurs should consider when buying or expanding a business—as well as how to effectively create a succession plan or prepare to sell their company when it's time to move on.
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Buying and Selling a Business in CaliforniaMany Buyers will require that a sale be structured as an Asset Purchase in order to avoid responsibility for prior liabilities or expenses of the business.
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Using Restricted Stock to Transfer Shares to Key Employees and Family MembersMany corporations seek to transfer shares to key employees or family members without requiring the recipient to pay for the shares.
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Business Formation/Entity Selection in CaliforniaCareful consideration is needed to identify the best form of entity to own, operate or manage a business or an investment asset.
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Utilizing Asset Protection Trusts and Limited Liability Companies to Better Protect Your AssetsLimited liability entities such as corporations, limited partnerships or limited liability companies are often the first step to protect your personal assets from liability or creditors.
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Estate Planning for S Corporation StockMany small business owners establish S corporations because they provide the benefits of avoiding double taxation and protecting the owners against personal liability for the corporation.