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Business Formation & Planning Archives

Business startup goes sour, companies enter litigation

There are many reasons a California business owner might decide to join efforts with other parties to maximize chances for future success. The problem is that if a dispute arises during the business startup phase, it may not only delay plans but impede potential profits as well. In fact, two large companies, Ripple and R3, are currently trying to overcome such problems, both now resorting to litigation as a means of resolving their issues.

Namely business startup leads to executives' exit

California is a prime location for opening new businesses. The business world is a vast landscape of diverse people, some who bring their ideas to fruition in the marketplace in a matter of months and others who think and dream and plan for years before they take that final step to execute a business startup plan. Some plans lead to major changes as made evident by a recent situation at HR software company, Namely.

Incorporating in another state might be good business planning

Many California residents are currently developing goals for various types of business endeavors. This type of business planning typically involves many challenges and important decisions, such as whether to incorporate a company. Recent news suggests one state may be better than others when incorporating a business.

Business planning tips for California entrepreneurs

Plunging ahead to launch a new business in California may be a great lifetime adventure. Prospective entrepreneurs often face many challenges during business planning stages, however. In such circumstances, it is advisable to seek immediate and experienced guidance to increase one's chances of achieving business success.

Considering legal aspects of business startup in California

Launching a new business is undoubtedly exciting, albeit a new company owner almost always faces various types of challenges and obstacles along the way. Many times, difficulties arise during the business startup phase of a company. Retaining the assistance of an experienced business and commercial law attorney may provide the support California entrepreneurs need during such times.

Getting off to the right start involves good business planning

Throughout California, there are currently many prospective business owners who may be wondering what the best course of action might be to get their companies off to the right start. Future business success often hinges on good business planning. Regardless of the type of business being launched, an ability to flourish often depends on a plan that was well laid out in the first place.

Common - and Critical - Errors That Can Sink A Business

Eager to follow their dream and make a profit off a great idea or their passion, many business owners make critical mistakes during the formation period. Some mistakes cause problems that can be corrected later - but far too many cause problems that can stunt or sink a business. It is critical that you have skilled legal guidance on your side as you establish a business to avoid common pitfalls and errors.

Protect Your Small Business From Disruptive Litigation

One of the greatest fears that many small business owners have is the potential to be sued. If they have set up the proper legal entities and worked with an attorney to structure their business in a prudent manner, lawsuits and litigation do not mean that the business is at risk of being wiped out.

Proper business planning may bring quicker success

In 1988, two California brothers took a road trip to get inspiration for what to do with their lives. This trip led to them starting an enterprise selling T-shirts. It is not uncommon for young people to start off their careers buying and selling merchandise, but in many cases, no business planning is involved at the onset. The two young men, ages 20 and 23, started with limited funds and purchased a van to travel to different college campuses to sell their merchandise. They say that they failed a thousand times and struggled to make enough money to support themselves from month to month.

Legal guidance in business startup may lead to future profits

Starting up a new business in California is an exciting time for any entrepreneur. It is not uncommon for excitement about potential success to prevent new business owners from considering the legal aspects of a business startup. One of the first decisions to make involves the type of business entity that will be formed. Will it be a sole proprietorship or a partnership? There are advantages and disadvantages presented by both.

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