What is a Sole Proprietorship?

When you begin operating a business or earn income from a source other than a traditional employer, it is important to understand the new obligations you have as a result of your entrepreneurial efforts. In some cases, you will need to become licensed by the state and obtain an employer identification number or tax ID number for your business. You also need to make decisions on the best way to organize your business enterprise.  One of the simplest ways to operate a business is as a sole … [Read more...]

Can I Operate a Small Business From Home?

Many business owners want to keep costs down when they first begin operating. Buying or renting office space or a location for a business can be a significant expense. You may also be forced to sign a lease that extends for months or for a full year. This can be a major obligation for you to take on if you are not sure if your business is going to become profitable within the course of a year.  To avoid the expense and hassle associated with finding and leasing a location for your business, … [Read more...]

Safety and Health Matters When Running a Business

When starting or operating a business, you have many legal obligations to comply with. Some of the regulatory requirements involve making sure you are paying the right amount of taxes and that you have properly registered your business organization with local authorities. The most important regulations you must comply with, however, are those related to health and safety matters.  Those who are running a business have an obligation to customers and consumers to protect their safety. Employers … [Read more...]

How Often Should a Corporation Hold Meetings & Update Minutes

When a corporation is created, the owners of the business enjoy many benefits including protection from liability. In some cases, incorporating a business also allows for more favorable tax treatment, depending upon how the business is organized.  However, in order to get the benefits that are associated with incorporating, it is important to understand the legal requirements for operating as a C-corporation or as an S-corporation.  The Law Offices of Mike Ross has helped many clients to … [Read more...]

How Do I Start Operating a Small Business in San Jose

If you are interested in working for yourself and you believe you have a good idea for a business, it is important to understand what is involved in becoming an entrepreneur.  Starting a new business is more than just coming up with a plan for a product to provide or a service to offer. You need to know the legal rules for operating your company in San Jose and you need to ensure you do everything possible to protect yourself from financial loss and make your organization a success.  If you … [Read more...]

How Much Money Will I Need to Start a San Jose Business?

Starting a new company requires a capital investment to cover initial operating costs. The amount of money necessary to start a new company will vary depending upon the goods or services to be provided and the other initial expenses associated with getting the organization up-and-running.  It is always best to try to reduce costs when a company begins its initial operations in order to minimize the potential risk of loss. An experienced San Jose corporate lawyer can help you to make an … [Read more...]

Forming a Corporation Can Protect Business Owners from Liability

When starting or growing a business, owners must understand the legal risks they are taking on. To make a smart investment in a business, you should explore ways to minimize potential legal liability, limit losses and protect your personal assets.  A San Jose corporate startup lawyer at the Law Offices of Mike Ross can assist you in exploring legal options to protect your financial and legal interests. Forming a corporation can protect business owners from liability, and an attorney can help … [Read more...]

Is It a Good Idea to Have a Buy-Sell Agreement?

When starting a new business, it is essential that you plan for the future. When your business is a partnership or there are multiple owners, a part of planning for the future is to consider what will happen if any of the co-owners want to leave the organization or sell their interest. A buy-sell agreement can protect you in case of the death, divorce, disability or departure of a co-owner of your company.  The agreement can also ensure you are able to depart the business with your investment … [Read more...]

Should I Start a Small Business in San Jose?

Starting a small business is a dream for many people.  When you own your own business, you can set the terms of your work conditions and you are solely responsible for the company's success and failure.  You don't have to answer to anyone, and you can earn a living doing something that you enjoy. Small businesses are the backbone of the American economy and you may be able to achieve great economic success. However, there are also considerable risks, as Forbes reports that as many as 80 percent … [Read more...]

How Long Does it Take to Get a Small Business Started

The amount of time it takes to start a small business is going to vary depending upon many different factors.  If you need to get business licensing or want to incorporate before you start running your company, the process will take longer. If you intend to just begin providing a product or selling a service as a sole proprietor, then you could begin your business tomorrow.  The Law Offices of Mike Ross has extensive experience with small businesses and startup companies. Getting advice from … [Read more...]