San Diego Business Lawyers
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Legal Services Offered by Our On-Demand San Diego Business Attorneys
Our experienced San Diego business attorneys & lawyers handle both transactional matters and litigation involving business and commercial disputes. The business attorneys found on UpCounsel offer a broad range of practice areas relevant to small businesses and their owners, including Business formation, Commercial transactions, Employment law, securities, litigation, contracts, taxes, intellectual property protection & litigation, and much more.
If you are looking for a top rated San Diego business attorney that charges reasonable rates for quality work, you have come to the right place. The average business attorney in San Diego for hire on UpCounsel has over 10 years of legal experience in a variety of business law related areas to best help you with your unique business legal matters.
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- 10 min read
What Are Corporation Pros and Cons?
Weighing corporation pros and cons is important when you start a business; deciding whether to incorporate is a big choice. Both have their advantages and disadvantage. Creating a corporation might prevent you from personal liability, while not incorporating might protect you from double taxation. Because of the impact on your business and personal life, it's important to weigh the pros and cons of forming a corporation.
Why Are Weighing Corporation Pros and Cons Important?
Weighing the pros and cons of starting a corporation are important because you
- 2 min read
Par Value: What is it?
If you trade securities, you've come across the term par value.
Par value usually refers to the value of a bond when it's issued. Say a bond is issued at $90, then trades to $100. The par value is still $90, even though the bond's value on the market increased. Par value can also show the value of a stock at the moment the company created its founding document, the company charter.
Par can also refer to two currencies that have the same value. For example, if the Euro was equal to one dollar, the Euro would be "at par" with the dollar. While this is an acceptable meaning of par, the phrase "par value" is used in relation to securities and not currencies.
Why is Par Value Important?
Bonds change price daily. The p
If you’re planning on starting - or restructuring - a business in New Jersey, you’ll want to formally organize the business into a company. In New Jersey, the four basic options are: Sole Proprietorship, Partnership, Limited Liability Company, and Corporation. Each has its own advantages and disadvantages.
Legal Form of the Business
As stated above, there are four basic forms that businesses take. They are as follows.
- Sole Proprietorship
A sole proprietorship is the “default” for New Jersey businesses owned and operated by a single person. Sole proprietorships generally require less administrative hassle, as you don’t have to register as a business entity, execute various legal documents, or adhere to specific maintenance regulations. On the other hand, sole proprietorships do not s
- 2 min read
Chapter 11 is not a type a bankruptcy case we hear of very often. But when we do hear about it, it is usually in the news and it has something to do with a big corporation turning to the courts when it is having financial issues.
What is Chapter 11 Bankruptcy?
Many of us do not know that Chapter 11 is the only type of bankruptcy available for small businesses that are owned by limited liability companies, partnerships, or corporations. Chapter 11 allows a small business to restructure its finances by implementing a reorganization plan that is approved by the bankruptcy court. Rather than completely abolish the business, Chapter 11 helps to reorganize debts by modifying payment plans and help th
- 7 min read
Burn Rate: What Is It?
Burn rate is how quickly a company spends its cash reserves before it generates positive cash flow. This rate is tracked each month, so if the burn rate for a company is $50,000, it means that the company is spending $50,000 each month.
The two types of burn rates are gross burn and net burn. Gross burn includes all of the money a company spends in a given month in order to run the business. Net burn is the amount of money that the company loses.
Let's say that a small startup spends the following every month:
- $6,000 for office space/rent
- $18,000 for employee salaries and benefits
- $2,000 on server costs
- $1,500 on miscellaneous
That means that each month, the company's gross burn rate is $27,500. However, if the company is producing some income, you can subtract that amount to get the net burn. So if the company earns $15,000 in the month, the net burn r