"I obtained a DBA ("doing business as") for my corporation by filing a fictitious business name statement. Does that mean that the name of my business is protected from others who may want to use it?"Unfortunately, quite a few small business owners are under the...
Business
What is a Buy-Sell Agreement? Does My Business Need One?
A buy-sell agreement is a business contract most commonly entered into by individuals shareholders and the corporation. In simple terms, a buy-sell agreement is primarily used to restrict the transferability of the shareholder's shares of stock in the corporation by...
Parent Company to Titleist Golf Files for IPO
Yesterday, Acushnet Holdings Corp., the parent company to major golf brands, Titleist and Footjoy, filed for an Initial Public Offering (IPO). According to some leading research firms, the Acushnet IPO could raise as much as $300 million. Acushnet's Form S-1 didn't...
San Diego Startup Week Begins Today
Entreprenuers and startup businesses in San Diego County should be excited because San Diego Startup Week begins today and runs through Friday, June 17! The week of events "brings together entrepreneurs to share progress, exchange resources, and celebrate the...
CA Assembly Passes Bill to Prevent Employers From Requesting Salary History from Applicants
Last Thursday, the California Assembly passed AB 1676 (Campos and Gonzalez), which seeks to prohibit businesses and other employers from requesting salary history information from an applicant (or an agent). Further, AB 1676 requires employers, except state and local...
Why does a single-member LLC need an operating agreement?
One question we commonly receive from small business clients is, "Why does my single-member limited liability company (LLC) need an operating agreement?" To answer this question, we will briefly take a look at the California Revised Uniform Limited Liability...
What is an “s-corporation”? How do I make an “s-election”?
Many small businesses regularly use the term "S-Corporation", but we've found that only a handful of people actually understand what this means. In general, when a corporation is formed, it will be treated as a "C-Corporation," which means that the entity will be...
How Are You Celebrating National Small Business Week?
On April 29th, President Obama declared May 1st-7th as National Small Business Week. In recognizing the impact of small businesses, the President noted that small businesses are "responsible for creating nearly two-thirds of net new jobs in the United States each year...
Beware: Online Legal Companies May Not Actually Save You Money
As we've noted before, online legal preparation services have not solved near as many problems for individuals and small businesses as their expensive television advertisements may lead you to believe. In fact, quite the opposite is true but many don't recognize the...
Hackers Breach Two Prominent New York City Law Firms
Many Americans are becoming all too familiar with the news that another large business has been the victim of a cyber attack. The most recent victims were two prominent, white-collar law firms based in New York City: Cravath Swaine & Moore LLP and Weil Gotshal...