California Business Owner? Here’s What You Need to Know about Your Property

Owning a small business is a challenge. California business owners constantly face financial difficulties, legal challenges, and logistical demands-- and that’s before you even worry about the day-to-day details of running a small business. Often, your commercial property remains a low priority. So long as it basically serves your needs, it’s good enough, right? Wrong. Property is a major asset, and whether you own or rent your real estate, equipment, and other property, there are many legal issues that you need to carefully address to avoid its becoming a major liability. The following are five key legal issues all California business owners should know about their property. 1. Leases and contracts of sale should be in the business’s name, not [...]