Business Law Articles

Partnership agreements and partnership law guide business partnerships. The partnership agreement determines when and how one partner may force another out of the business.

There are many reasons to buy out a business partner, including giving you complete control of the company. The steps for buying out a business partner include: 1) Determining the assets you’re buying, 2) Clear communication, 3) Hire an attorney and CPA, 4) Retain expert in business valuation, 5) Draft a partnership buyout agreement, 6) Determining buyout financing…

To start a business in California, take these steps: 1) have a good business idea, 2) decide on a legal structure for the business, 3) choose a business name...

For women business owners, it is critical to develop connections with fellow professionals in order to create useful networks. There are plenty of associations that support women, and which can be very beneficial for small business owners looking for advice and fellowship.

Yes, SBA loans require a down payment of at least 10% up to 30% depending on the strength of cash flow and the value of the collateral.

Deceit as defined is tortious fraud or deceit occurs when a party “willfully deceives another with the intent to induce him to alter his position to his injury or risk.” Civ. Code § 1709. Fraud has three meanings: 1) A person made a false promise, 2) A person conceal important facts, and 3) A person intentionally misrepresent an important fact.

It is challenging but not impossible to build business credit if an entrepreneur has bad personal credit. A good credit score can set a business up for success. Even if a business owner has a poor personal credit score, he or she should still try to build up their company’s credit score.

There are many factors when selecting an entity type for a business. Entrepreneurs should consider control, investors or shareholders, taxation, growth, and future needs.

A delinquent loan is when a borrower is late on payments on returning borrowed money. When a loan repayment is late, the loan becomes delinquent.

The acronym DBA stands for “doing business as.” A DBA is a name a business operate under, but not an entity.

What assets can be used for a secured loan? The assets that can secure a loan includes: home, property, stocks, bonds, vehicles, CD account, fine art, gold, etc.

The following steps are helpful for any entrepreneur considering starting their own taxi business.

A few major points can be taken away from these statistics. First, a small business owner should not expect to become wealthy – certainly not immediately – from their business.

As business owners, we're like to compare ourselves to other small business owners. Business owners often wonder how much do small business owners make? The small business owners' average income is less than we think.

DBA is “doing business as” may also be referred to as a fictitious business name (FBN) or a trade name. State rules regarding filing a DBA apply to everyone in California, whether a business owner files for one in Los Angeles or San Francisco.

If the EIN owner cannot find your EIN confirmation letter from the IRS, contact the IRS. If the person who needs to retrieve the EIN is not an authorized representative of the company, he or she may request that an actual authorized representative complete IRS Form 2848 Tax Information Authorization.