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Creating a Business Succession Plan With Buy-Sell Provisions

You’re running a successful business but nearing retirement age. You’ve yet to figure out what to do with the business when that day comes. Sell it, turn it over to a family member, or groom an employee to run things?

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The Importance of Shareholder Agreements for Corporations

Many people starting out in business will opt for a corporate structure to lessen personal liability, but if the corporation has more than one shareholder – the person forming it – it then becomes either a closely held corporation or a publicly traded corporation.

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Understanding Business Liability Insurance Coverage

When you own a business, it is wise to protect it from liability that could destroy what you have built in a single claim. Liability insurance is a smart investment, and with a median annual premium of $500 to insure a small business, it is affordable.

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Filing a Fictitious Business Name and Protecting Intellectual Property

Thinking of starting a business in California but not sure of all the requirements or how to go about securing all your legal protections? You’re not alone. There’s a thicket of federal, state, and local organizations, all with requirements of their own, and it’s difficult for the new entrepreneur to know where to start.

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