When choosing a business structure, it is important to consider how it can impact personal assets. As the owner of an LLC, you are a member and if your company has to pay legal fees or settlements, you do not have to open up your personal bank account. LLCs are their...
Month: September 2022
Four steps for dissolving a partnership
As you started your journey to owning a business, you may have needed to form a partnership. Unfortunately, nearly 70 percent of partnerships eventually fail. If you find yourself in that situation, California law has established steps for you to follow. 1. Review the...
What are your alternate dispute resolution options?
During a business dispute, you can choose to go to court or to solve the dispute through other means. Alternate dispute resolution allows you to skip the trial and judge entirely. According to the California courts, alternate dispute resolution provides a less formal...
