Opening a business is one of the most exciting and challenging experiences of an entrepreneur’s life, but closing a business often comes with very different emotions. For many, the choice to dissolve a company happens because of new job opportunities, retirement, or...
The California Secretary of State plays an important role when it comes to California businesses. This guide helps business owners understand how to use the California Secretary of State website effectively and answers common questions that business owners ask. How do...
Business entity types come in a dizzying array of flavors. Business owners must choose correctly. But questions abound: what is an LLC? Do I need a corporation? What is a sole proprietorship? What about a partnership? We get it. Because we get these questions all the...
If you and a partner have an idea for a business, the first question that will come up is what type of entity your company will be. For partnerships, one option that many businesses choose is to form an LLP. An LLP provides the opportunity for partners to build and...
Well before an entrepreneur opens the doors to his or her first business or sells his or her first product, there are many steps that he or she must take. One of the most important decisions that must be made is the legal business formation of the company. An...
Convertible notes allow investors to change debt into equity when certain events occur. Investors and founders use them in early-stage companies because the legal costs and complexities are lower than using other types of financing. These notes often offer better...
