Contracts are the backbone of any successful business partnership or agreement. A well-crafted contract can protect interests and ensure smooth operations, while a poorly written contract can lead to damaged relationships. If you are looking to draft a contract for...
Commercial leases and subleases are integral to the business landscape in California as they provide legal frameworks for renting commercial properties. A commercial lease is a contract between a landlord and a business tenant that allows the tenant to use real...
Handshake deals or informal agreements have long been a tradition. However, in today’s complex and litigious California business environment, these agreements may not provide sufficient protection for your business. The downside of informal agreements Handshake deals...
Once your business is up and running, you would probably love for it to always run smoothly. But California businesses often find themselves in business disputes that must be resolved. Disputes can occur for various reasons and involve issues with different parties,...
If you’ve been in business for a while, then you know that you need to be careful when you negotiate and sign off on business contracts. A seemingly minor mistake in the process can lead to serious ramifications for you and your business, including lost revenues and...
A Limited Liability Company, or LLC, is one of several types of a business structures available to business owners who are just starting out. An LLC has several advantages, included liability protection for business owners and pass-through taxation. If you have chosen...
If you are thinking about opening a business, it’s important to consider which type of structure might be the best fit for you. Business entity choices There are four general business structures, called a sole proprietorship, a partnership, a limited liability company...
As a maritime business owner, you will likely enter into several agreements, including vessel supply contracts, employment agreements, and charter agreements. All parties who sign the contract have a legal obligation to uphold the terms of the agreement. Failing to...
If you are owner of a maritime business in California, you know that businesses are not always profitable. Market changes and issues impacting the maritime industry worldwide, as well as unsuccessful business transactions, can cause a business to struggle financially....
You probably have high hopes for your business as you work to get it off the ground. But the excitement of forming your new endeavor shouldn’t blind you to the risks involved. If you don’t consider some of the challenges that you could face and adequately plan for...
