California business owners like you have options when it comes to selecting business successors. You might already have someone in mind, or you may end up waiting for the right person to come along. In either case, it is prudent to know what your options are. This...
Business Law
Should you aim for alternative dispute resolution?
California business owners like you put endless amounts of effort, money and time into building your brand. You aid in this by branching out and making connections with other businesses. These bridges you build are crucial to your continued relevancy, success and...
How company culture influences employee loyalty and satisfaction
Businesses who excel at retaining loyal employees have often gone to significant lengths to develop and maintain a culture that encourages inclusion and participation. Employees who feel appreciated, needed and valued are much more likely to continually contribute...
Predicting the unforeseeable in contracts
As the last few months instructed us, things happen and do happen in business. Under the law, unexpected events can excuse a party from stopping or excusing their performance under a contract. A force majeure contract clause is an important part of business law that...
Steps to take in business succession planning
Small business owners in Palos Verdes Estates understand that they will eventually want to retire, or they could even pass away before retirement. However, they may worry about what will happen to their business when that time comes. This is where business succession...
Naming your new limited liability company
When opening a business, building a distinct legal entity is often the first step. In California, there are four main types of entities: corporations, sole proprietorships, partnerships, and limited liability companies. Because of their limit on liability, many new...
What are the differences between litigation and arbitration?
If you are seeking a binding decision to a legal issue, you may wonder what options are available both in and out of court. Business owners in California can choose to settle matters either through arbitration or litigation. Arbitration According to the Superior...
When is a license or permit needed to operate your business?
Palos Verdes Estates residents who wish to launch a small business will likely need to apply for certain state and federal licenses or permits in order to legally operate their enterprise. What licenses and permits are necessary is based on the types of activities the...
Choosing a structure for your business
One of the first decisions you have to make when you're starting a business is what type of business structure you will use. This is important because it sets the standards for personal and business protection. It also determines what type of tax liability the company...
The right experience matters when facing business law issues
The people in California who run businesses are oftentimes focused on similar overall goals: hiring the right people, expanding, and increasing profitability. However, running a business is usually a complicated affair, and those who are in charge of a business need...