Your Bay Area business has voted to dissolve the LLC. What happens next? Dissolving an LLC is not just as simple as shutting the doors, throwing away the keys, and declaring the business closed. Under California law, there are formal dissolution requirements that business owners must follow. Voting to Dissolve the LLC Most LLCs are […]
When you start a new business, one of the most important decisions you’ll need to make is to choose your business formation – the type of business entity that will best serve your needs. As time passes and businesses evolve, California business owners sometimes discover that a change in business entity is in order. It’s […]
Blockchain has become a hot technology across a wide range of industries. In Silicon Valley, where hot and buzzy technology is a way of life, many businesses are diversifying their business by breaking into blockchain and creating blockchain-based solution. An Initial Coin Offering (ICO) has become the latest popular method of funding businesses and breaking […]
Recently, the North American Securities Administration Association (NASAA) issued a serious warning for all would-be investors. The statement refers to a survey of state regulators, and it finds that 94 percent of cryptocurrencies involve a “high risk of fraud.” In fact, NASAA identifies ICOs as “emerging investor threats for 2018.” In other words, a startup […]
You give your business your all and pour your heart and soul into it, so naturally you want to keep it running in excellent shape. Part of the ingredients to ensuring business success is to elect the proper board of directors at the outset. This is because your company’s board of directors plays a critical […]
For many California business employers, stock options are a key part of their compensation packages. In some instances, employee stock options are the main form of compensation, while in others, it is a small portion of the overall compensation package. But how do new corporations and small business owners initiate and successfully manage these business […]
Effective communication in business among executives and employees is utterly necessary when running a startup company. Effective communication allows the business to stay on track and on-point. Effective communication does not necessarily mean writing and forwarding hundreds of emails to a long list of recipients and hoping everyone got the message. Rather, effective communication relies […]
Bay Area business owners face many financial decisions every day. Any one of these decisions can seriously impact a company’s financial risk and legal liability. With appropriate insurance coverage, these losses can be mitigated. Yet over-coverage can result in valuable profits being wasted on unnecessary insurance premiums. New business owners should consult with an experienced […]
With effective planning, Silicon Valley entrepreneurs can access the tools which will prime their business for success. One important tool is an effective business plan which speaks to investors and enables the business to access much needed startup capital. A Silicon Valley startup attorney can help you design a business plan that makes your creative […]
One of the most important steps that a Silicon Valley start-up company can take to ensure smooth and profitable business operations is the execution of an operating agreement. An operating agreement can help Limited Liability Companies (“LLCs”) to avoid otherwise simple mistakes that could take time, energy, and capital away from the business. Having this […]