Guide to Sole Proprietorships
Feb 16, 2010
What is a Sole Proprietorship? A sole proprietorship is a form of business in which a single individual carries on a for-profit business as the exclusive owner and decision-maker. While the vast maj...
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Guide to California Limited Liability Companies (LLCs)
Jan 29, 2010
Definition A limited liability company (“LLC”) is a hybrid between a corporation and partnership in that it combines the “pass-through” tax treatment of a partnership with the limited liability accor...
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How to Avoid the 10 Biggest Legal Mistakes California Businesses Make
Jan 27, 2010
MISTAKE #1: Failure to consult with professionals prior to selecting or changing the form of business entity. California recognizes numerous forms of business entities, each with important distinctio...
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