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Your Family Business – Avoiding These 4 Lethal Legal Mistakes

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...

Limited Liability Company LLC Biennial Statement of Information

Every California limited liability company (LLC) and foreign LLCs registered in California must file a statement of information with the Secretary of State within 90 days of filing its original articles of organization or application for registration, and biennially...

Business End of Year – Annual Meetings

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...

Is a Non-Compete Agreement Enforceable in California?

A non-compete agreement is a contract between a company (corporation, LLC, partnership, etc.) and an owner, employee, or independent contractor that seeks to prevent the owner, employee, or contractor from competing with the company after that person’s...

Buy-Sell Agreement in California

Every business with two or more owners, whether it be a C-Corporation, S-Corporation, Limited Liability Company (LLC), or Partnership, should strongly consider having a Buy-Sell Agreement in place. A buy-sell agreement (also known as shareholder agreement or...