Business Law Articles

Discover and learn the latest valuable business law articles for ideas, practical information, DIY from a network of leading business and corporate lawyers.

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Payment Upfront Meaning & 5 Tips for Getting Upfront Payments from Customers

Upfront payments can be beneficial to many small business owners. Upfront payments protect the owner emotionally and financially. There is no fear of customers disappearing without paying for products or services. It is also a great method by which to build trust with customers. It can also help improve cash flow, thereby letting the business grow and flourish.

Where Can I Cash a Business Check?

If a person doesn't have a checking account to deposit the check, the business check may be cashed at the bank that identified on the check. Alternatively, the business check may be cashed at a check-cashing service: Walmart Money Center, Payday Advance, Moneytree, ACE Cash Express, Speedy Cash, etc.

Assets that Can Secure a Loan

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.

How to File a DBA in California

All person and business entity must file a fictitious business name (FBN) statement with the Registrar-Recorder/County Clerk's office in the city where the business will be located.

9 Steps on How to Start an Online Thrift Store Business

This article will review the details of each step, thereby helping the aspiring thrift store owner get started. By following each of these steps, an entrepreneur can look forward to finding business success with their online thrift company.

Documents Needed for Business Valuation Checklist

The documents needed for a business valuation are as follows: 1) Financial Statements (Balance Sheet, Profit & Loss Statement), 2) Account payable and Account receivable with ageing report, 3) Tax Returns...

Average Revenue For Small 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.

Average Income Small Business Owner

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.

22 Sources of Free Money to Start a Business

Many entrepreneurs want to start a business but have no money. There are plenty of federal, state, and private small-business grants that can help a new business owner start a small business.

5 Tips on How to File a DBA in San Diego

If a business owner files for a DBA with the state of California, a business is also required to file a DBA in San Diego County if that is the principal place of business.

How to File a DBA in Los Angeles

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.

Find My EIN Number

Answered: Can I find my EIN number online? How do I find my IRS EIN number?

How to Verify an EIN Number

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.

What does filing a UCC mean?

A UCC filing is a form that creditors submit. When a company decides to take out a secured loan, the creditor is required to notify the public of its interest in the company’s assets.

3 Steps on How to Register a Business Name

When an owner names his or her business, he or she must file the name with the state in which they are operating. There are several steps to registering a business name.

5 Tips Before Hiring A LLC Lawyer

Compared to running a corporation, there are fewer formalities required in operating an LLC. While it is true that LLC operating agreements often arrange for annual meetings, these meetings are not required by California law.

7 Tips on How to Get a DBA in California

A DBA, otherwise known as a “doing business as,” is a fictional name that an entrepreneur creates for his or her business. This name is separate and distinguishable from the company’s legal name.

9 Tips for Managing Family-Owned Business

Successful family-owned businesses always think about the future. Succession plans are important, since the future success of the business relies on talented and passionate younger relatives. It is also important that the family identify and invest in talented and passionate employees, even those outside the family, because these individuals might create excellent leadership one day.

5 Easy Negotiation Techniques for Small Business Owners

For a small business owner, it may be tempting to fill silence with counter arguments and other methods of persuasion. But there are times when the best negotiation tactic is not to negotiate at all – rather, to be silent. Forget the back-and-forth banter.

10 Steps Negotiation Techniques for Business Owners

Some people are born negotiators. Picture a little kid setting up a lemonade stand and charging five dollars for a cup of mediocre lemonade. That drink is certainly not worth that price, but the kid convinces you that the labor it took to make the drink and the feeling of an ice-cold lemonade on a summer day justifies the price. This child is a natural negotiator.

What Is a Litigation Hold Letter?

A litigation hold letter instructs owners of certain documents or electronically stored information (“ESI”) to keep safe relevant evidence in the event of a lawsuit sometime in the future. A litigation hold may also be referred to as a “preservation letter” or a “stop destruction request.”

2022 California New Law for Bartenders and Servers Assembly Bill 1221

The 2022 law, Assembly Bill 1221, which goes into effect on July 1, 2022, will impact any business that serves alcohol by requiring said business to provide educational training to all its workers. The training program is composed of two parts: a course 3-4 hours in length and an open-book exam.

12 Steps on How to Start an Import Export Business

To many, the world of exporting and importing can appear exotic and lucrative. In reality, it is based on a lot of research and hard work. However, there will always exist demand on one side of the world for the goods, services, and products that shine on the other side of the globe.

Fifteen Habits of the Rich That You Can Learn From

As a business attorney since 2005, I've represented thousands of wealthy clients and business people. I've identified t some of the top habits of the rich people. While you might not emulate all of these, knowing about them could help you work harder and more efficiently. If you apply yourself, maybe your business dreams can become a reality.

17 Signs a Person is Considered Middle Class

How do you know if you’re a middle-class American? How do you know if that person you’re dating is a stable middle class? These are the seventeen signs a person is a middle class:

16 Steps for A Successful Small Business Partnership

Talking about business expectations and being open with your partner can mean the difference between a successful business that records record revenue and one that doesn't make it out of the starting blocks. The point here is to sit down with your partner or prospective partner and really get everything out in the open.

How to form a corporation in California.

Forming a corporation in California requires you to file an Article of Incorporation with the Secretary of State. However, there are other things you must do to comply with corporate law when forming a corporation in California.

Breach of Contract Law in California

To recover damages from the defendant for breach of contract in California, the plaintiff must prove all of the following: (1) that plaintiff and defendant entered into a valid contract; (2) that plaintiff performed under the contract or that performance was excused; (3) that the defendant failed to perform under the contract; (4) that plaintiff was harmed; and (5) that defendant’s breach of contract was a substantial factor in causing the plaintiff’s harm.
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