GUIDING YOU IN THE IMPORTANT BUSINESS DECISIONS SCHEDULE A FREE CONSULTATION

BLOG

Business Formation

Steven E. Springer

BUYING INTO A FRANCHISE

When you are beginning a business, many different decisions must be made. Perhaps the first of which is what business structure you would like to pursue. Would you like to be a sole proprietorship or a partnership?

Read More
Steven E. Springer

FORMING A SOLE PROPRIETORSHIP

No matter where you go in the United States, in order to start up your new business, you will need to determine what kind of business you want. They range anywhere between sole proprietorship or general partnership all the way up to C Corporations.

Read More
Steven E. Springer

LEGAL REQUIREMENTS FOR CONTRACTOR LICENSE IN CALIFORNIA

Being your own boss is a wonderful opportunity. However, with great rewards come great responsibility. If you are a contractor setting off on your own, you know that the field is loaded with reputable competition. Yet, with the right training, expertise, and application, success is within arms reach.

Read More
Steven E. Springer

PURCHASING AN EXISTING BUSINESS

The ideal that every U.S. citizen should have an equal opportunity to achieve success and prosperity through hard work, determination, and initiative is the American dream. For many, this includes owning their own business. Many choose to start from scratch and others to invest in a franchise.

Read More
Steven E. Springer

CALIFORNIA FRANCHISE LAW AMENDMENTS

California law is known for its protection of franchisee rights; however, new protections are slated to go into effect in January. These amendments to California’s franchise law curb the power that franchisors have over franchisees. The new provisions apply to franchise agreements entered into or renewed on or after January 1, 2016, and to franchises of indefinite duration that can be terminated without cause.

Read More
Steven E. Springer

GOVERNOR SIGNS NEW CALIFORNIA FRANCHISE LAW

On October 11, 2015, Governor Jerry Brown signed into law Assembly Bill 525 which amends the California Franchise Relations Act. The amendments significantly change what is required for the termination or transfer of a franchise agreement and it creates new remedies for violations of the statute.

Read More
Steven E. Springer

WHAT IS THE CALIFORNIA FRANCHISE TAX?

An important consideration when starting or registering a business in California is the state franchise tax. It may influence whether or not you decide to register a business entity, and the type of entity to choose. In California, LLCs, corporations, and limited partnerships must pay the annual franchise tax of a minimum of $800.

Read More
Steven E. Springer

CHOOSING A BUSINESS ENTITY Steven E. Springer

When you are starting a business, one of the most important things to think about is how to organize the business. Depending on issues such as liability protection, tax laws, organization structure, and your investment needs, different business entities may be appropriate, and you can select an entity that is best suited to your needs.

Read More
Steven E. Springer

CALIFORNIA’S REVISED UNIFORM LIMITED LIABILITY COMPANY ACT (RULLCA)

As of January 1, 2014, California’s Revised Uniform Limited Liability Company Act (RULLCA): Cal. Corp. Code § 17701.01, et. seq., replaces Beverly-Killea (Cal. Corp. Code §17001, et. seq.. The new LLC law (RULLCA), provides for changes in many important areas of LLC law, a few examples of these changes follows:

Read More
Steven E. Springer

HOW TO START A NON-PROFIT ORGANIZATION IN CALIFORNIA

Forming a non-profit organization is similar to starting any other business entity. It requires forethought, research, organization and a clear business plan. The difference is that all proceeds are used for charitable purposes and the charity will have tax-exempt status with the IRS.

Read More