Legal Blog

A limited partnership is a business entity that is characterized by two distinct types of owners - general partners and limited partners. General partners are the active managers of the business and ...

Creating a privacy policy isn’t optional anymore — it’s a legal and trust requirement. But many technology companies and startups are tempted to grab a free privacy policy template they find online. ...

A general partnership is created when two or more people engage in business as co-owners for a profit. A general partnership is created automatically as a matter of business law without filing any ...

When deciding what business entity type to use for your social enterprise, you should start by considering the factors that all businesses should consider at the formation stage. Once you have ...

The laws and requirements governing business entities are made primarily at the state level. Thus, each state may impose different requirements on businesses incorporated in that state. So why do ...

A sole proprietorship is the most basic business entity type. By definition, a sole proprietorship consists of only one owner who does business without any formal incorporation. If you add a second ...

We are often asked "what is the best entity type?" There really is no one-size-fits-all answer because each entity may be more or less beneficial for any given enterprise. Rather, it is important for ...

As a startup or small business, hiring interns seems appealing. You need the help but don't have the budget to pay an employee. And the intern gets valuable experience and training. It's a win-win, ...

Although it is possible to conduct business as a sole proprietor or general partnership without any formal incorporation, it is generally a good idea to incorporate a business as a corporation or ...

As a California 501(c)(3) tax-exempt nonprofit organization, you will have ongoing filing requirements. Here is a breakdown of the federal and California nonprofit filing requirements: