Among the first decisions a business owner or practicing professional must make is the best business entity for their organization. This is a crucial decision when starting business because it has far-reaching legal and tax consequences. So you must have a vision for...
If you run a family business, or are considering starting one, there are four potentially lethal legal mistakes you should avoid, including: Mixing family and business finances. Many family businesses start with loans or seed money from various members, and as the...
As the end of year arrives, it is important that small business owners review the things that did and did not work during the previous twelve months and adjust their plans for the next year accordingly. One of the best ways to accomplish this is by holding annual...
California offers an easy way to voluntarily dissolve a corporation that hasn’t issued shares, has not conducted business, and has been in existence less than one year. A short form certificate of dissolution for inactive corporations can be downloaded from the...
This article discusses the process by which a person may involuntarily dissolve a corporation in California due to shareholder deadlock. A California corporation can be involuntarily dissolved by court order when its shareholders are so deadlocked on important matters...