There are many contexts in life where individuals and businesses don't have direct control over their money or other property. Instead, we trust another party to handle it for us. This party is often a professional, such as a financial advisor or stockbroker, who is...
Year: 2023
Understanding minor and material breaches
As a business owner, contracts are essential since they operate as the framework for agreements and uphold mutual trust and responsibility. However, there are times when one side does not carry out the requirements outlined in the agreement. This is referred to as a...
3 important factors of a business partnership contract
Before a business partnership is established, a contract should be made. Contracts are especially crucial for businesses to help establish responsibilities and obligations from every party. Everything you need to set up a business partnership should be outlined in a...
ADA compliance in mobile home parks is critical
The Americans with Disabilities Act (ADA) is a federal law that prohibits discrimination against individuals with disabilities and requires businesses and public spaces to be accessible to all. As a mobile home park owner, it's essential to ensure your park is...
Is it time to shift your company structure to a corporation?
Many aspiring business owners opt to form their new enterprises as sole proprietorships, partnerships or limited liability companies (LLCs) when they first launch their companies. There are numerous reasons why these business formation structures are appealing to new...
Do your employee contracts make false promises?
Employment is shifting as the years go by. The work culture is experiencing numerous changes. For instance, many people are now working for passion, not just money. In addition, employers allow employees to choose their work locations and schedule. This new culture...
What are the benefits of forming an LLC?
If you're considering starting a new business or changing the structure of an existing business, one option to consider is forming a Limited Liability Company (LLC). An LLC is one example of a modern business structure. It offers several benefits to business owners....
4 must-haves in a business partnership
A common question people have is, what makes a business successful? The answer for this for many people is often a business partnership. By forming a business partnership, you can share any difficulties and rewards with someone who not only compliments your work ethic...
Mistakes to avoid before closing on a commercial property
Most real estate deals in California close without a hitch, but when it comes to purchasing a commercial property, you need to dot all the i’s and cross all the t’s. This is because making a small mistake during the closing process can harm your investment. When...
Dissolving a business partnership without hurting your interests
Sometimes in business things simply fail to work out as expected. If a business partnership is no longer tenable, the only sensible thing you can do is dissolve the partnership so each party can go their separate ways. No matter the reasons, if you decide to sever...
