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Delaware may be small in square miles, but it offers big benefits to the many companies that choose to incorporate there. More than half of publicly traded and Fortune 500 companies are incorporated in the state of Delaware, begging...

Virtually anyone can form a corporation in California, and it is easy to see why. They provide shareholders with limited liability that protects their personal assets in the event the company gets sued, allow founders to raise capital by...

Forming a new business venture is an exciting time for small business owners. The possibilities that may develop from the business venture seem endless, and it is easy for business owners to envision positive outcomes. Despite the positive outlooks...

As we have previously discussed on this blog, limited liability companies (LLCs) have many benefits for business owners. We will now examine one of those benefits more in depth—the protection of your personal assets. In a sole proprietorship or...

Small business owners have several choices when they are deciding what type of legal entity is best for their particular business. One legal entity that is particularly popular among entrepreneurs is the limited liability corporation (LLC). The following is...

Corporate bylaws are the set of rules that govern the day-to-day operations of a corporation. They are distinct from a company’s articles of incorporation, which provide basic information about the organization, such as the individual who organized the corporation...

When an entrepreneur decides to make their business official, two business entities they may commonly consider are the limited liability company (LLC) and the S Corporation (S-Corp). While these two entities have several similarities and shared benefits, they also...

As we have previously discussed on this blog, a limited liability company (LLC) is the right type of business entity for many different types of companies starting in California. However, as a business owner, it is very important for...

A shareholders agreement is exactly as it sounds—an agreement among a company’s shareholders regarding several aspects of company management and shareholder rights. The shareholders agreement is in addition to the company’s constitutional documents. Shareholders agreements are common because they...

Many people who start their own businesses have the ambition and passion required to sell their product or service in a successful manner. However, many entrepreneurs may initially be nearly clueless when it comes to choosing the right business...