Dissolving a business is not as easy as simply stopping operations. There are numerous legal steps that you must take to wind up and close your business. If you do not formally dissolve your business, you may be responsible for annual fees and taxes. The first step is to obtain approval from the business owners […]
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LLC owners will need an operating agreement as part of the documentation for their business. The agreement will establish the structure of your business and the rules by which it is governed. Not only is this document a legal necessity, but you need a customized agreement for your own business situation in order to protect
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The Securities and Exchange Commission has earned a reputation as a dogged and tenacious regulator. They have a large staff of highly-qualified attorneys who keep a close eye on the securities markets. Here are some common reasons why they will take enforcement action. Unregistered Sale of Securities If you are selling something that meets the
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Winding up is the legal term for the process of liquidating a company or partnership when it ceases to do business or to exist. The winding up process aims to sell off assets, pay off creditors, and distribute any remaining assets to partners or shareholders. Winding up is essentially the same process as liquidating a
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Every new business owner has legal concerns – and if they do not, they are likely in violation of the law or otherwise harming their chances of success. Below are some top concerns for current startups, and no one should ever hesitate to seek direct legal advice from a San Francisco business lawyer. Incorporating a
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Once you have a corporation in place, you need to make sure you stay in full compliance with all relevant laws. This requires designing and implementing a comprehensive corporate compliance program, which can be complicated and time-consuming. Let a San Francisco corporate compliance lawyer help. Assessment – First things first, we help assess your compliance
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All businesses engage in transactions based on agreements with other parties, and in the large majority of cases, these agreements should be memorialized in written contracts. However, just because you write something down and sign it does not mean that your business is protected. If the terms of your contract are not airtight, you could
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Hiring a general counsel and standing up your own legal department costs money. Not only do you need to hire an attorney, but you also need the resources to support them. In some cases, this may mean even more staff members and expenses. If your business does not need a full-time general counsel and legal
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In the early stages of a business, intellectual property (IP) is often the company’s most valuable asset. However, it is necessary for owners to take the proper steps to protect their IP. The following are four types of IP you might need to protect when beginning your operations. Confidential Information If you have business plans,
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Many businesses operate fully online, while even bricks-and-mortar businesses conduct online transactions on a regular basis. With the internet so ingrained in business in 2021, every company leader should stay aware of compliance issues for e-commerce in California. The following are only some issues your business needs to consider in the online sphere: Taxes –
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