202406.10
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Ways To Sell Your Business

Selling your business is a very complex process and most business owners have never been through a sale process before. But business owners have more options than they realize. Lacking a team of professional advisors, including a strong M&A Advisor, corporate/transaction attorney and a CPA/tax advisor could have serious financial and tax consequences for both the business owner and the company so seek professional help from the beginning of the process. It pays to understand the various methods to sell or partially cash out of your business for a successful exit.

202405.01
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Real Estate Asset Protection

REAL ESTATE ASSET PROTECTION By Kelly Bagla, Esq. Real estate asset protection is a strategy investors can use to protect their finances from unexpected blows, including lawsuits. While real estate can be a great asset to your portfolio, it does not come without risks. The biggest risk is the risk of a lawsuit. If you…

202404.01
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How To Buy An Existing Business

Buying a business is a huge decision but when you pull the trigger on buying an existing business, you get the opportunity to become an entrepreneur without starting a small business completely from scratch.  Every year more than 500,000 businesses change hands, and that number is expected to skyrocket in the next several years as millions of baby boomers begin retiring and selling their businesses.

202402.20
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Noncompete And Nonsolicitation

Two new California laws directly affecting business owners went into effect on January 1, 2024. California has strengthened the prohibition against noncompete and nonsolicitation agreements, which also posse potential liability for employers who require their employees to sign noncompete agreements or attempt to enforce existing noncompete agreements against former employees.

202401.10
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Corporate Transparency Act

The Anti-Money Laundering Act of 2020, which is part of the National Defense Authorization Act for Fiscal Year 2021 and includes the Corporate Transparency Act, became law on January 1, 2021. The Corporate Transparency Act requires certain business entities to file, in the absence of an exemption, information on their “beneficial owners” with the Financial Crimes Enforcement Network (“FinCEN”) of the U.S. Department of Treasury.

202311.13
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25 Frequently Asked Questions on Starting a Business

Having been a start-up lawyer and entrepreneur, I have been asked many of the following questions over the years by entrepreneurs when starting their company. Sometimes there isn’t an easy answer, and as lawyers often like to say, “it depends on the circumstances.” But here are my short-hand answers to the frequently asked start-up questions:

1. Should I form my company as C corporation, an S corporation, an LLC, a partnership or a sole proprietorship?

202310.02
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Social Media Influencer Marketing and Legal Considerations

You may have heard of or even use “Social Media Influencers.” This is where businesses sometimes try to reach a broader audience by enlisting “social media influencers,” a term for people who have achieved some level of popularity or recognition online. Social media influencers endorse a product or service offered by a business on platforms…

202307.13
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5 Major tips when starting your first business

Starting a business is a big undertaking, but it can be incredibly rewarding. If you’re thinking about starting your own business, here are five major tips to help you get started: 1. Do your research. Before you do anything else, it’s important to do your research. This includes researching your target market, your competition, and…