Business Law

Running a business as a sole proprietorship is straightforward, but it exposes you to personal financial risk. Your personal assets—like your home or savings—are directly tied to business debts and liabilities. If something goes wrong, creditors can come after your...

When starting a business partnership in California, it’s important to have a clear agreement in place. One thing to consider is whether to include an indemnification clause. This clause can help protect you and your business from certain risks, but you should know how...

New small business owners typically put a considerable amount of time and effort into starting and growing their businesses. Because they have so much invested, it’s critical that they take steps to protect themselves and their business. One option for doing this is...

The sudden death of a business partner can shake your company's foundation. This tragic event can be emotionally and financially devastating. Beverly Hills business owners who prepare for these unforeseen circumstances can better safeguard their enterprises and...

A Non-Disclosure Agreement (NDA) is a critical tool for protecting sensitive business information, but not all NDAs hold up in court. Ensuring your NDA is enforceable requires careful drafting and compliance with key legal principles.  Here are the essential...

It’s helpful to use a partnership agreement when you’re starting a new business with someone else. That relationship needs to be officially defined. This can help to prevent disputes or confusion in the future. But you may never have started a partnership before. What...

As your business grows and evolves, the structure you initially began with might no longer be effective or the best fit for your current needs. As such, you may want to consider changing your existing business structure to adapt to the changing times. Recognizing when...

Business succession planning is important for the continued success of a company. However, there are many misconceptions about this process. These myths can prevent business owners from making essential plans, leading to potential problems later on.  It is important...

Starting a business is a major undertaking. One of the most important things you can do when you decide to open a company is to plan carefully to enhance the chance of success. Ideally, this process will start well in advance of the company opening so the decisions...

Deciding on the most advantageous way to tax your new limited liability company (LLC) is an important step in establishing a solid foundation for your business. This decision can significantly impact your financial health, influencing everything from your take-home...