Archives: Business Law

Last year, I wrote a blog post called “What To Consider When You’re Buying a Business“. But, of course, there are two sides to every transaction. Let’s take a look at the process of selling a business. This post won’t cover the financial or tax aspects of selling a business. There are a lot of good resources out there to assist with those issues (my #1 piece of advice here is to hire a good CPA). Instead, we’re going to look at some of the legal points on the checklist. As with buying a business, the first question to ask…

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Many businesses will form a corporation or LLC in the state where the company is headquartered and then assume they’ve done all they need to do. They may be overlooking an obligation to register their business in one or more additional states. Do you need to register your business in multiple states? The first matter to consider is where your business was initially formed or registered. Your company is a “domestic” corporation or LLC in that state. So if you live and work in California, and you have a California LLC, you may not need to register in any other…

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I often assist clients who are buying businesses. Whether it’s your first time buying a business or you’ve done this before, there are some important legal considerations to be aware of. This post won’t cover the financial or tax aspects of purchasing a business. There are a lot of good resources out there to assist with those issues (my #1 piece of advice here is to hire a good CPA). Instead, we’re going to look at some of the legal points on the checklist. The first question to ask is whether you are buying the assets (and, possibility, liabilities) of…

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