Category: New Business

Avoiding Legal Actions Between Partners

Written by JGPC Business Law on August 10, 2019.

A partnership is one of the easiest businesses to establish. Start-up costs tend to be lower than for many other types of business structures, such as an LLC or corporation. Partners tend to have more access to capital and greater borrowing capacity because they can fund their business with their personal assets. However, they do risk losing their business and personal assets if the partnership fails, like sole proprietors. In a rush to get their business started, the partners may put off...

Corporate Protection Against Verbal Abuse in the Workplace

Written by JGPC Business Law on August 1, 2019.

California does not have laws against verbal abuse in the workplace. There are prohibitions against harassment in the workplace monitored by the federal Occupational Safety and Health Act (OSHA), but they usually do not include verbal abuse or bullying unless it is continuing and systematic. Companies must confront verbal abuse in the workplace, whether the employee committing the abuse is a supervisor or a co-employee. Obviously, management tends to disfavor a verbally abusive manager or...

Setting Up a Small Business HR Department

Written by JGPC Business Law on July 19, 2019.

Starting a Business Also Means Setting Up a Human Resources Department At first, many small businesses manage their human resources function with spreadsheets. As the business grows, this system is less than effective because it does not scale well. Setting up a human resources department within a new or established company takes work, but with a solid plan and great legal advice from experienced corporate lawyers, your human resources department can be up and running in no time. Every...

Getting Your LLC Documentation in Order

Written by JGPC Business Law on July 10, 2019.

There are two nightmare scenarios that can turn a business enterprise from a dream into a horror story when a limited liability company’s (LLC) documentation is not in order. First, a failed LLC in California is treated as a general partnership for all purposes. Second, if you are a member of the failed LLC, you will lose the protection of your personal assets from the LLC’s debts and liabilities. Small businesses frequently get started in a rush and are lacking in organization. As a result,...

Questions to Ask When Raising Money to Start or Grow Your Business

Written by JGPC Business Law on May 5, 2019.

Businesses require capital or money to run and get off the ground. Once established, a cash infusion may be the only way your business can grow and obtain new customers or markets. When it comes time to raise money to start or grow your business the first step is to determine your comfort level with risk. Are You Comfortable With Risk? Depending on the structure of your business, protection of individual assets, is always an important consideration when forming or growing your business....