People who make their living writing for television shows and movies have agents who represent them, just as actors do. Many agents work for large talent agencies. The Writers Guild of America (WGA) is suing the four primary agencies over their use of packaging fees,...
Business Law
What can happen if your business partner divorces?
You're not getting a divorce, but your business partner is.You two own your business 50-50. You never invited their spouse into the business, but you still might wind up with a new partner. After all, in a community property state such as California, what belongs to...
The business steps doctors should take before retirement
You know that one day you'll retire and leave that medical practice you started in Northern California. You'll have more time for fishing. Or traveling. Or playing with the grandkids. It's great that you're thinking about a fun future. But have you thought about your...
How to approach an unsolicited offer for your business
You've been hard at work on your business for years, with your nose buried in spreadsheets and inventory and hiring. Then, one day, you get a call that could change your life. Someone wants to buy your business.Dollar signs and thoughts of enjoying your retirement on...
What you need to know about selling your California business
You conducted a lot of research, consulted a lot of experts and created a business plan when you decided to open your business in California.Why should you be any less prepared when you decide to sell your business? You shouldn't. There's much to do when you decide to...
Are you prepared to negotiate this contract on your own?
You've done all of your interviews, fact finding and due diligence and finally have chosen a vendor to work with your California business. Now comes the real challenge: negotiating the contract.This is a partnership between the two of you, one that should be mutually...
Contracts help to protect your California business
On television and in the movies, we see business being conducted with a handshake agreement, but that's not the way it really should work in the business world.Instead, we have contracts, which are legally enforceable agreements between parties. You don't have to sign...
Does owning multiple businesses mean multiple LLCs in California?
You started your business in California and formed a limited liability company (LLC) to go along with it. It was a success - so much so that you want to create a spinoff business. And you have an idea for maybe a third business, too.But you have a big question: Can...
What’s the difference between a merger and an acquisition?
You often hear the terms lumped together: mergers and acquisitions.They mean different things, however, and as a California business owner, you'll want to be familiar with each. The goal of each, in theory, is they give the shareholders the greatest return on their...
Choosing your business entity type
You're going to take the plunge and start that business you've always dreamed of owning.However, it isn't as easy as just renting a space for your office or shop and getting your business cards printed. When you decide to form a business, you must figure out the type...