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Business Attorney Legal Blog | Law Offices of Nicholas D. Heimlich

Choosing Between Different Types of Corporate Entities

Are you incorporated? Businesses need a limited liability entity, such as a corporation, LLC, or LLP. Without a limited liability entity, your personal assets could be at risk. For example, let’s say you operate a restaurant, and a patron slips and falls and is...

Which State Should I Incorporate In?

Incorporating your company in the state where your business is physically located is known as home state incorporation. However, no matter if your business is a C corporation, LLC, LLP, LP, or nonprofit corporation, you must pay fees to the state when incorporation...

How To Avoid Alter Ego Liability

I have a company. Why am I being sued as an individual? You have probably heard of the term “alter ego” to refer to a person with two separate identities—for example, Superman and Clark Kent. These two individuals may appear to be different, but they are...

Why You Need Business Insurance

When you formed your business, you probably decided to make the entity a Limited Liability Corporation (LLC) or Corporation to protect your personal assets. Forming a corporation is a wall between corporate and personal assets. But, be aware, this wall is imperfect...

Is Now The Best Time To Buy An Existing Franchise?

While you might think that the COVID-19 pandemic is the worst time to start a business, in reality, it is an excellent time to consider buying an existing franchise. Find out exactly what franchise agreement opportunities exist right now. With a focus on small...

How to Handle Commercial Real Estate Law During COVID-19

Our society has been derailed by the COVID-19 pandemic, with personal health and safety as the foremost concern. During this upcoming month, the next hot topic will be commercial real estate. April 1st was the first major “due date” of the commercial real...

Ensure Your Business Has Legally Enforceable Contracts

In the simplest terms, consideration can be seen as value. Under California contract law, mutual consideration (which is the exchange of value) is an essential element in the formation of any legally binding contract. Without it, a California court will most likely...
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