As a small business owner in California, staying compliant with state mandates is crucial—not only to avoid penalties but also to foster a thriving workplace. One such mandate you should have on your radar is CalSavers, the state’s retirement savings program for employees. Here’s everything you need to know about CalSavers requirements in 2024. What…
Selling a small business can be a significant milestone in your entrepreneurial journey. However, it’s important to understand the tax implications that come with the sale to ensure you don’t end up with an unexpectedly large tax bill. The sale of a business is often taxed in various ways, depending on how the deal is…
Why Your LLC Needs an Operating Agreement Starting an LLC is an exciting venture, but don’t overlook one of the most crucial steps: drafting an operating agreement. This document isn’t just a formality—it’s the foundation that will guide your business’s operations, protect your interests, and prevent future conflicts. Key Components of an Operating Agreement Ownership…
