Business Formation in California

Business formation is a necessary step when opening a business and makes the business a distinct legal entity. There are four main types of business formation options: Limited Liability Company (LLC), partnership, sole proprietorship, and corporation. Learn more about your options in California.

Forming a Sole Proprietorship Business

Sole proprietorship is a type of business structure owned and managed by a single individual who is not legally separated from his business which means that he will enjoy all the profits but will have to shoulder all the financial responsibilities such as debts.
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When Your California LLC Ceases to Exist

There are many legal ramifications that stem from a non- active California LLC. It is important to understand what the different status types of an LLC can mean for both its members and those conducting business or involved in litigation with a non-active LLC.
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California General and Limited Partnerships and LLCs - What’s Best for Your Business

Without a written partnership agreement for a business which two or more people own and operate in California, it may well be deemed to be a general partnership with each of the partners jointly and severally liable for the acts of the others and no mechanism for resolving deadlocks which require a majority vote. Business partners should have a partnership agreement drafted by an experienced partnership attorney and should understand the differences between partnerships and LLCs.
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Forming a Medical Corporation in California

California has specific laws that govern the formation of a medical practice or health care facility in California. The creation of the business entity requires a unique blend of corporate law experience and health care law expertise.
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The Types of Business Entities Available in California

Building a business is both an exciting and extremely stressful time and selecting the appropriate legal form for your business can be a difficult choice. In California you have five different types of business entities to choose from and forming the correct business entity at the beginning will save you both time and money.
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Should you Incorporate Your Medical Practice?

In this Article, the author answers the question, should you incorporate your medical practice? What are the costs and benefits of forming a medical corporation?
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Selecting the Right Business Entity When Starting a Business

One of the most important choices you will make when starting a business is selecting a type of legal structure for your company. This decision impacts how much you pay in taxes, the amount of paperwork your business is required to complete, your personal liability, and your ability to raise money to expand or grow.
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California Corporate Business Laws

There are different rules and laws in place for various types of businesses that can impact the company and clients differently based on the location and the specific issue at hand. Knowing what these are and how they can affect the entity is important for the owner, and he or she will usually need the services of a business lawyer to keep up to date on these laws.
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Setting Up a New Business in California

When setting up any new business, it is important to know how to do it in the state of choice or residence, and the owner should first ensure he or she has the best business idea that can earn revenue. Once this step is complete, the owner can begin with the help of a business lawyer setting up, creating a brand, buying or renting a property and getting to the next steps.
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How to Create a Partnership or Joint Venture under California Law

A partnership or joint venture are business entities that can easily be created under California law. Sometimes this type of business entity is created informally. It is important for business owners to have a firm understanding how this type of venture may be created intentionally or unintentionally.
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Joint Ventures for California Businesses

Joint ventures in business often require confidentiality, integrity and joint procedures with another company or multiple business entities working together for a common goal with the eventual sale of a product, service or feature. By creating and maintaining a joint venture together, companies can push the boundaries of business interaction exponentially.
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Why California is Chosen for Business Partnerships

Some parts of the country are more prominent with specific business types. California is a better state to create or grow a company with business partnerships than many others. However, no matter which location the owner or partners choose to initiate a new organization, it is crucial that a partnership agreement is drafted through a business lawyer. This is a document where two or more persons own, operate and sustain a company.
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Foreign LLCs Doing Business in California

Foreign LLCs should qualify and register with the California Secretary of State before conducting business in California. Failure to do so may have negative repercussions on the LLC.
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