How an Unclear Contract Puts Your Business at Risk
When you’re excited about a new business venture, you probably just want to jump in and get started. The energy and momentum are there, and you don’t want to imagine all the things that might go wrong. Some entrepreneurs and business owners may even be tempted to jot out the basic details of the agreement themselves, in an informal or do-it-yourself contract. It happens all...Read More
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Which is safer: a SAFE or a Subscription Agreement?
When you’re managing your startup, one of the first orders of business is to raise funding for your ventures. This will involve attracting and negotiating with investors. These investors will trade capital for equity in your business. Managing these relationships (and funds) can result in a lot of pressure and liability for your young business. It’s a good idea to get the...Read More
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Subscription Agreements and Private Investments
In 2019, there were four million small businesses in California. But many of California’s smaller businesses are economically fragile and more likely to close during financial downturns like we’re currently experiencing. In the best of times, funding can be difficult to come by for small businesses. Your company may be too small and too new to go public, and you may not have the...Read More
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Sweepstakes 101: What You Need to Know about Giveaway Contests
Sweepstakes, giveaways, and contests, oh my! For business owners and consumers, a giveaway always sounds like a great idea. Who doesn’t love free stuff? But if you’re running a giveaway contest in California, you need to know where the legal lines are. While a giveaway, sweepstakes, or contest may be perfectly legal, a lottery is not. What is a Lottery? Lotteries are illegal in...Read More
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How to Conduct Raffles with Nonprofits in California
Everyone loves a raffle. It’s a quick way to raise money, and it seems like a great way to support everything from the school PTA to the local Humane Society. Raffles are among the most popular fundraisers for charitable organizations nationwide. But in California, the rules about raffles are stricter than in most other states. If you don’t know the rules, it’s easy for your...Read More
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Responding to a Lawsuit
As a business owner, few ordeals are as nerve-wracking and potentially damaging to your company’s reputation as a lawsuit. Whether it’s a disgruntled employee, an unhappy client, or a discontented vendor, the repercussions could be permanently damaging without an attorney by your side. Moreover, a favorable outcome is not always guaranteed, even when you believe that you have a...Read More
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