Tag Archives: business

California Revised Uniform Limited Liability Company Act Signed into Law

On September 21, 2012 Governor Jerry Brown signed into law Senate Bill No. 323- the California Revised Uniform Limited Liability Company Act (RULLCA). RULLCA will take effect January 1, 2014 and will apply to all existing California LLC’s in addition … Continue reading

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SEC Reschedules Open Meeting on JOBS Act

If you were anxiously awaiting the guidance to be provided at the SEC’s Open Meeting on the JOBS Act Title II- provisions mandating the removal of the ban on general solicitation and advertising for Rule 506 offerings, then you will … Continue reading

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Richard Branson’s 5 Rules for Good Business

Richard Branson writes for Entrepreneur, about what advice he would give young entrepreneurs. The whole article can be found here, but the five simple guidelines he lists are:   1. If you don’t enjoy it, don’t do it. You must … Continue reading

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Should My Company Adopt a Stock Option Plan?

Stock Option plans are commonly used in start-ups and venture capital companies, as these entities have limited cash flow. Employees who go to work for these entities usually seek higher reward for th eir risk. Issuing stock options instead of, … Continue reading

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The Morris Law Firm Blog

Small business owners, and those interested in forming a corporation, LLC,  partnership or other business entity, should check out and subscribe to The Morris Law Firm Blog. This Blog has information regarding Partnership Agreements, executing contracts, non-profit rules and other … Continue reading

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SEC Updates Financial Reporting Manual

On July 11, 2012, the Securities and Exchange Commission Division of Corporation Finance updated its Financial Reporting Manual. The changes include the age of interim financial statements, use of proforma information in MD&A, age of financial statements required in Form … Continue reading

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What the Affordable Health Care Act Means for You.

It’s no secret that the Supreme Court upheld the “Patient Protection and Affordable Health Care Act”-being referred to as Obamacare.   Organizations, politicians and individuals everywhere have reacted with varying opinions, emotions and sometimes profanity.   It is clear that this … Continue reading

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Press Release Guidelines

Press Releases are great tools for business to use to announce an exciting event, new product or contract, or to announce earnings.  However,  a public company can be exposed to liability under securities laws is a press release contains any … Continue reading

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SEC Seeks Early Public Comments on JOBS Act Rules

The SEC has requested  that the public to submit comments and opinions on the provision of the JOBS Act.  They hope the early submission of comments will expedite the rule making process and will ensure consideration of the varying views. … Continue reading

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SEC Small Business Forum Releases 2011 Final Report

Today, the SEC’s Office of Small Business Policy released the Final Report from its SEC Government-Business Forum on Small Business Capital Formation held in November 2011 in Washington D.C. During this Forum, the committee made a total of 25 recommendations. … Continue reading

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