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Understanding Authorized Shares, Outstanding Shares, Treasury Shares & When They are Used

Whether you are the investor or the business owner of a startup, understanding what you are working with will help you make informed decisions. Informed decisions help you structure your business and to be mindful of funding and future stock options – because these things lend themselves to future financial stability.  Understanding terminology related to company stocks is all part of this...Read More

What is an Indemnification Clause and When Should It be Included in a Contract?

Imagine this: a state chooses to use a phone app during the primaries to allow voters the ease of voting from their own homes. This is believed to be a more efficient and fairer voting process. This app has not yet been used but has been tested many times for accuracy, security, performance, and the like. Now imagine this: on voting day, something goes terribly wrong and the app doesn’t...Read More

Advantages of Forming a Limited Liability Company Over a Corporation in CA

Many startups and entrepreneurs are unsure about what business formation is best for them. Often, they form limited liability companies (LLCs) because this entity structure offers a lot in the way of benefits. The first and foremost benefit this structure has over any other structure is this: options in terms of federal taxes. For startups like those in the tech industry and many others, the...Read More

Non-Disclosure Agreements: Protecting Employers

Employees may find themselves across the desk from someone asking them to sign a Non-Disclosure Agreement (NDA), sometimes referred to as a confidentiality agreement. NDAs are common in business. They are designed to protect important and confidential information related to the successful running of a business. However, just because NDAs generally are used in business, this is not to say that...Read More

Do You Have to Pay Your “White-Collar” Employees Overtime?

As a business owner, you might want to avoid paying overtime to your employees if you don’t have to; however, many businesses make the mistake of assuming that employees are exempt from overtime rules because they are paid a salary or they have a certain job title such as “manager” or “sales.” The Fair Labor Standards Act (FLSA) is the federal law that governs overtime pay, minimum wage,...Read More

What You Need to Know Before Signing a Reality TV Contract

Finding out you might be on a Reality TV show is a big deal. It’s a cause for celebration, but it’s also a time for caution. The producers of the show are going to want you to sign a contract. Many people are so excited for the chance to be on TV that they eagerly sign whatever piece of paper is put in front of them. It is important to realize that when you sign a contract, the...Read More