What is a Non-Profit Corporation?

A non-profit corporation is a business that is organized to serve a beneficial public purpose, rather than to make money for owners and shareholders. While a nonprofit can make money, that income is invested back into the business rather than paid out to its owners or investors.  Forming a non-profit corporation can allow you to take advantage of beneficial tax rules and can make it easier for you to obtain donations and grants to accomplish your aims. The Law Offices of Mike Ross can assist … [Read more...]

What Factors Should be Considered in Choosing the Type of Business Form for My Business?

When choosing the appropriate type of business form for your business, there are a variety of different factors to consider. An experienced attorney can help you to assess your options and advise you on the best business form.  Your attorney can also help you with the process of officially incorporating, forming a partnership or Limited Liability Company (LLC) or obtaining the necessary business licenses. The Law Offices of Mike Ross has extensive experience with start-ups as well as with … [Read more...]

Where Can I Get Money for a Small Business?

Opening a small business can be a rewarding endeavor but it generally takes money to get your company off the ground. It is important to understand the different sources of financing available so you can make an informed choice about where to get the money for your business. An experienced attorney at the Law Offices of Mike Ross can help you to evaluate your options when you secure your financing and can advise you on your rights and obligations under different financial arrangements. Call … [Read more...]

What is a Sole Proprietorship?

A sole proprietorship is a type of business entity in which there is one owner who operates the business. The sole proprietor, or owner, is not a distinct legal entity from the company. He is considered legally one-and-the-same as his business enterprise. A sole proprietorship is the simplest business form, but there are many potential pitfalls with operating as a sole proprietor. An experienced attorney can help you to determine if this is the right business structure for you and can also … [Read more...]

Silicon Valley Intellectual Property: Should Marketing Agencies Sign NDAs to Maintain Confidentiality?

Businesses need to be able to market their products and often this involves developing a strategy with a marketing agency before the company releases the product to the public. Working with a marketing agency over the course of the product’s development can be beneficial to ensure that the needs of the end user are taken into account and to develop features that can help to increase the desirability of a given product. However, when working with a marketing team, especially prior to launch, … [Read more...]

Piercing the Corporate Veil in Silicon Valley: What Does it Mean?

Business owners form a corporation in large part to limit liability. When a company operates as a corporation, the individual owners generally cannot be sued for things that the corporation does. Further, the individual owners will not generally be liable for the debts incurred by the business. This provides important protection to the owners. For example, the reason that investors in a shopping mall cannot usually be held personally liable if someone slips and falls in the store is because the … [Read more...]

Business Valuation in Silicon Valley: When It Is Needed?

A business valuation involves determining the value of a business. This includes considering the worth not only of the company’s tangible assets and intellectual property, but also the worth of the company’s brand and goodwill. For example, a business that provides a service may have limited assets but may have a long customer list and a great reputation that makes it a very valuable business. The value of publicly owned and publicly traded companies is easy to determine, but it becomes much … [Read more...]

Business Startups in San Jose: Should I Start a Small Business

Starting a small business can allow you the freedom to work for yourself and to do something you love. Unfortunately, starting a small business can also have significant financial and legal risks. Before you decide to start operating your own business venture, you need to ensure you are making an informed choice and that you do everything possible to protect your investment and make your business a success. The Law Offices of Mike Ross is dedicated to helping business startups in San Jose and … [Read more...]