Starting a business from scratch can be incredibly difficult and challenging. Instead of building from the ground up, you may want to buy into an existing business. You will have two general options for doing this. You can purchase a franchise or buy a business. There...
Business Law
3 common ways to resolve business disputes
Most California business owners find themselves embroiled in one or more business disputes at some point during their careers. Whether your dispute arises over contract terms, employee complaints, or something else, you need to figure out the most effective way to...
How small businesses can encourage customers to pay on time
Many small businesses depend on customers paying their invoices in a timely fashion. Cash flow is imperative to continue operating and delays in being paid can be harmful to your business. You might end up in court to recoup your unpaid amounts. Setting up methods to...
How to minimize conflicts with a business partner
When starting a business, it is not uncommon to take on a partner. Having one can reduce individual startup costs, minimize liabilities and lessen the workload. However, the daily operations and the company in general can be greatly affected when disputes arise....
When should companies offer severance pay?
Employers may offer severance pay to workers upon termination or involuntary loss of employment. While California does not require companies to provide severance options, business owners should know when it can be beneficial. Honoring dedicated employees with...
What is a severability clause?
As a business owner, you will certainly come across numerous instances in your career where you will need to draft contracts. Whether it is with employees, contractors, business partners or other providers of services, you need to create a strong binding agreement in...
Effective strategies for preventing contract disputes
Disputes over contracts are common, but they have the capacity to take considerable time and attention away from running your business. Though every contract dispute may not be preventable, there are certain things you might do as a California business owner to reduce...
What are important elements of a written contract?
To enforce a contract, you must be able to prove you have a legally valid document. The law outlines specific requirements that you must follow. According to the California Legislative Information, all contracts follow the same rules and intention plays a large role...
Can you avoid litigation?
As a business owner, one of the most important things you can do is prioritize your business relationships. After all, these ties form the basis of your business and will determine the rate of your healthy growth. Is it possible to avoid litigation when conflicts...
What legal requirements must you consider for your small business?
Operating a small business requires continuous diligence to stay on top of all the legal requirements. You cannot simply start up a business without being aware of the regulations that apply to your business from the start, and on an ongoing basis thereafter. The U.S....