Are You Considering Closing Your Corporation?
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Are You Considering Closing Your Corporation?
Due to the economic shutdown in 2020, many business owners are choosing to close their doors instead of struggling to reopen and stay afloat. There are several other reasons why companies might shutdown permanently, as well, but no matter what your reasons might be, you cannot simply walk away from a corporation and never look […]
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Steps to Rebuilding Your Small Business
The National Federation of Independent Business (NFIB) has reported that 92 percent of surveyed small business owners report negative impacts as a result of the COVID-19 crisis. With such a large majority of small companies taking a downturn, it is critical that owners have the guidance and resources they need to rebuild and keep their […]
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Resources from Big Tech for Small Businesses During COVID-19 Crisis
Small businesses are some parties struggling the most during the COVID-19 shutdown, as many of them entirely lost their ability to generate revenue, with no sign of when they might return to business. There are resources for businesses to seek relief in the form of SBA loans (which have been exhausted) or possible insurance coverage, […]
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Workouts and Out of Court Restructuring
Things are changing fast for us all during this COVID-19 pandemic. The coronavirus outbreak is affecting millions of workers and hundreds of thousands businesses. Owners and managers are faced with a scenario most businesses and even senior seasoned businesspeople have not experienced before. From sudden and massive loss of revenues (or even permission to remain […]
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7 Steps for Taking Your Company to the U.S.
By Svetlana Kamyshanskaya, Primum Law Group If you think that the international expansion of your business will be complex, you are definitely not the first ones to tell us so! This article sets forth seven ‘Big Picture’ legal issues connected with your planned expansion – and they apply to all business activities and business models. […]
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Probable React Response – Force Majeure
Be Calmly Strategic, Not Reactive The response to COVID-19 of quarantining and social isolation has begun to impact virtually every aspect of global commerce – and it has not taken that long! Fast-changing business environments have brought a number of new challenges to virtually all business owners and managers. They may include a newly observed […]
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Bay Area Businesses Feel Major Effects of COVID-19
These are uncertain times with the stay-at-home and shelter-in-place orders becoming stricter and stricter, attempting to limit the spread of the novel coronavirus, COVID-19. While much focus has been on the inability of many people to earn wages due to their jobs being suspended, small business owners are also struggling if they cannot operate as […]
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Common Startup Mistakes
When you have an idea for a startup, it can be tempting to jump right in and start doing business. However, when you start a company in the wrong manner, it is much more likely to fail. The following are some common mistakes that startup owners make that can jeopardize their success. Skipping over the […]
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Resolving Contract Disputes
Businesses rely on contracts to operate. Owners and agents of a company enter into many different types of agreements, and adherence to these agreements by all parties is essential for everyone to benefit as they should. However, in some cases, parties can disagree about certain terms of a contract, or one party may accuse the […]
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California Labor Laws that Companies Should Know in 2020
At the start of each new year, many laws go into effect in California that were passed the previous year, and 2020 is no different. There are several laws becoming effective in 2020 that will affect any businesses that have employees. If you employ anyone, it is important to be in full compliance with these […]
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