Wednesday, January 24, 2018

Necessary Agreements When You Start a Business With a Partner

November 16, 2009 by  
Filed under Business Law

Today’s Preventive Law Tip:  If you are going to have a partner or a couple of partners, get all your ducks in a row and put everything in writing  so you can avoid situations such as this one: “Two years ago I started a company with a partner.  I brought in 250k in inventory and […]

Dangers of Drafting A Contract Yourself

September 18, 2009 by  
Filed under Business Law

Today’s Preventive Law Tip:  If you are going to draft your own contract, you need to understand EVERY clause in it AND THE CONSEQUENCES. Many small business owners use readily available form contracts to enter into all types of business deals, from sales and purchases, to financing and leasing contracts.  While these forms offer a […]

Employee Files- Another Reason to Put Everything in Writing…

March 18, 2009 by  
Filed under Business Law

My friend (we’ll call her Nancy) called me the other day because she recently fired an employee (we’ll call her April) for excessive absences and the employee was filing for unemployment benefits from the State. Unemployment benefits aren’t actually paid out by an employer.  The benefits are paid out by the State from unemployment insurance […]

Legalzoom vs. Attorney Services

March 6, 2009 by  
Filed under Business Law

I have encountered this question often, “what’s the difference between hiring an attorney and using to prepare your documents?”  The short answer is individualized advice.  What is it worth to have individualized advice when you are setting up your new business or preparing your will?  The question reminds me of that tax commercial where […]

Two Legal Must-Haves For Starting An Online Business

January 29, 2009 by  
Filed under Business Law, Internet Law

Terms of Service (TOS) and a Privacy Policy/Agreement (PA) are two essential elements of an online business.  The TOS lays out the terms by which users can visit and use a business’ website.  It also defines how commercial transactions will take place.  Basically, you will need this agreement to define the boundaries of the relationship […]

Corporate Compliance Recorder- Beware of Fraud!

January 23, 2009 by  
Filed under Business Law

  A client of mine received a letter from the “Corporation Compliance Recorder” with a return address in Los Angeles, CA. The envelope included a very official looking seal that if not given a second look, could be misinterpreted as a government seal. The envelope contained an “Annual Compliance Notification” quoting sections of the California Business […]

Avoiding Employment Claims… Part 1

January 22, 2009 by  
Filed under Business Law

Sometimes, as a business owner, liability issues may not be as apparent or pressing as other immediate matters.  Too often, lawyers are consulted only AFTER a claim or lawsuit is filed.  With a little forethought, and legal counseling in the beginning of your business, you can avoid potential liability as your business grows.  One of […]