Can we purchase a business and take over without getting the lease approval completed from the landlord?
just wondering, because we understand the risk that the landlord may reject us, and then the seller can run away with the money that we payed them. Is there a way to avoid this risk so... View More 
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answered on Jun 5, 2022
Well, the first question is ... "what is getting in the way of you acquiring the new lease" ... and the second question is ... "what does the current lease state about subleasing or an assignment of the lease. To get an answer, I would recommend that you schedule at least two video... View More
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answered on May 23, 2022
As a general rule, the name reservation will expire in 60 days ... and you can "transfer" the name reservation to someone else.
I am in a 2 year contract in California and would like to cancel my services. However, because I have 18 months left in the contract, I would have to pay a 75% penalty of the remaining months. They have been unhelpful with tech support and I have been dissatisfied. Is there any way I can legally... View More
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answered on May 10, 2022
Three initial steps towards resolution: [1] outline how you are not happy with their delivery of services to their customer service department ... and let them know that various social media outlets, like Yelp, will hear of your dissatisfaction with their support/tech services ... and you are... View More
My friend is starting up a business, he’s doing good and now needs a shop to work. He does not have the credit to lease a place. He asked me to help him lease in exchange for 10% of earnings. What would I have to report to the IRS or does his total earnings affect me in any way? I am aware I’m... View More
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answered on May 6, 2022
Short answer ... depends upon whether you are "on the Lease" or a "guarantor of the lease payments" ... in addition to a variety of other issues ... such as a "defacto partnership" ... and issues with the usuary laws ... so, the next step for you is to schedule a free... View More
Related to the sale of business. The information missing is the period of time the covenant covers. The purchase agreement lists the individuals, but is missing the period of coverage. Does that make it non binding or what is the default period of coverage if there's no amount of time listed.
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answered on Apr 30, 2022
Generally speaking, the "period" of time will be partially determined by the allocation for that item in the purchase agreement, absent that notation, it will be a reasonable time, based in part, upon the total price paid and how the price was or should be allocated to the tangible and... View More
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answered on Mar 2, 2022
Well, the first question is SHOULD you operate your business as an LLC ... OR ... a corporation ... and if the LLC sufficiently embraces your ownership, management and exit strategies, then should the LLC be taxed as a "partnership" or taxed as a corporation. The answer will evolve with... View More
We hired a vendor to do some small work for our business. We set up their banking information since they preferred to get paid that way. Due to an error on our end, we accidentally overpaid them $3000. I have reached out several times through email and even got a read receipt email confirmation... View More
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answered on Feb 25, 2022
So, first question ... where are you located ... and where are they located? Second question, was you "over payment" for any type of services previously rendered ... and/or contemplated to be rendered? The next step is for you to schedule a free initial consultation with at least two... View More
Inquiry is for a photography LLC business in Bakersfield, CA. I am only interested in these contracts during the time the employee is employed and not extending beyond their employment at all.
1. I want my company to have first dibs on posting the images taken on duty for X amount of time... View More
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answered on Feb 24, 2022
Depending upon what state you are in ... and I will be assuming California ... any agreements with "employees" as to non-competition ... are unenforceable at law. However, you can restrict the employee's activity in other ways such as a carefully drafted non-disclosure,... View More
This house already functions as a co-operative. The current owners are selling and past residents would like to organize to purchase the property. This will need to be done fairly quickly. We have the funds for a down payment and to do some repairs however we'd like to know the best way to... View More
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answered on Feb 21, 2022
Assuming that the "financing" will support it, the initial answer would be the LLC ... which, depending upon how the LLC Operating Agreement is drafted, will allow relatively easy "in & out" of LLC Members and some level of asset protection for the individuals. The best next... View More
It’s in a trust fund. I paid this lawyer off early. I signed agreement for 4 1/2 years. They would never settle my debt. I have sent letters email and faxed him. That I want stop his program but won’t give my money back. This has been paid in full for 21/2 year. I have even called him and says... View More
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answered on Feb 20, 2022
Small Claims Court ... get a judgement ... then execute on the judgement ... Let me know if a free consultation would be helpbul
I was unable to move forward with business and now owner claims I still owe him for the remainder of the contract. Does he have any grounds to come after me or can I walk away?
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answered on Feb 6, 2022
Well, the first step is to have an attorney of your choice review the agreement, relevant facts and communications between the parties ... and then to schedule a free initial consultation ... let me know your thoughts ... thank you.
I have my own small business doing engineering and research, but could use some additional funds so I am considering taking on a consulting project with a large company. I know the people I'd be working with as engineers, but the HR from this place is asking I take on being a W2 employee with... View More
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answered on Nov 11, 2021
Generally speaking ... about $20-$25 a page ... and obviously, it would be ideal to see the document first to firm up or edit the initial estimate... and it may be a good idea to schedule a video call for discussion.
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answered on Nov 4, 2021
The answer will depend upon what information, evidence and oral or written documentation you have to support your claim for "not finishing paying a car loan". You would want to schedule an initial 30-minute free consultation with an attorney of your choice to discuss the supporting facts... View More
Can I keep it... with out getting in trouble legally?
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answered on Oct 17, 2021
... or you could do the "right thing" ... make a decision as to whether you want the item or not ... and notify the company ... and either pay for it or return it ... many companies are struggling
had contract, got half money, bought equipment, head guy died project put on hold two years later nothing now they want the money back.
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answered on Oct 7, 2021
As you might imagine, the answer will rest in any written agreements ... any written email, text communications ... and/or other currently missing information ... the next step is for you to schedule a free initial video call or telephone call ... for further discussion ...
Once a corporation is duly incorporated, who owns the corporation if no shares of stock have been issued, and can ownership change simply by issuing the majority of shares to and officer (say CEO) of the corporation without that officer having to pay for them?
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answered on Sep 13, 2021
Well ... the first thing to do is to review the documents ... articles, bylaws and organizational meeting minutes. Second, email those documents to a business development attorney of your choice to schedule a free initial consultation by video call or telephone call.
I am creating a Limited liability Partnership Agreement for a start up business. I need help with jurisdiction and whether or not the sum of 500 dollars a month is in line with federal minimum wage laws.In addition to what the value of cash is insofar as the establishment, development and branding... View More
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answered on Aug 9, 2021
As you probably already know, the basis for any successful business is a clear and cogent "agreement" between the founding members or partners. In an LLC or an LLP, such "agreement" would be embraced within an Operating Agreement ... which outlines management responsibilities... View More
Hello, I am planning to found my own consulting firm. I am helping startups in the US and EU with public policy, grant strategy, fundraising and business partnerships. Should it be a LLC or sole proprietor? Which one will be better for tax-wise?
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answered on Aug 6, 2021
The answer depends upon three initial focus points: [1] your exposure to liability ... [2] your desired management structure and [3] how you would like to see ownership and succession. The next step for you would be to schedule at least two free initial calls with attorneys of your choice ... by... View More
Almost 2 months already,still unfinished. Probably the cost left to be done is less than $2000 and that is still a lot of money to us.
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answered on May 21, 2021
A couple of initial questions ... [1] is the landscaper a licensed contractor ... [2] do you have a signed agreement for services ... [3] you will want to schedule a video call with at least two attorneys of your choice to discuss the next steps in the resolution process.
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answered on May 7, 2021
"Global Non-Compete" language is always open to suspicion ... As you might imagine, the answer is "it depends" and I would suggest that you schedule a video call or telephone call with at least two attorneys ... to have that initial free 30 minute consultation ...
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