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Elite Lawyers Business James Cai 2017

What You Need to Know About Forming a Business?

Many people have an entrepreneurial spirit, and that’s a tremendous gift to have. It also means you will have a lot of responsibility when you start your own business. When you go this route, you will have to consider a lot of very critical issues to ensure your business is successful.

First and foremost, you have to make the decision to start your company. Great! But it’s not as simple as just saying “I run my own business now.” What type of business will you have? Is it a partnership? A corporation? A limited liability company? A non-profit? This first step is incredibly important, because it will dictate all of the legal setup and documentation you need to do to ensure your company is compliant with the law and properly established.

You will also want to familiarize yourself with your state’s rules, regulations and laws relating to starting (and maintaining) a company. There will be many forms, fees and tax documents that need to be completed, paid and filed.

That last point — the tax documentation — is arguably the most important. The IRS is going to be very interested in your company’s dealings, so you will want to have your affairs in order. Taxes will be an important part of your job as a business owner.

If you are having trouble establishing yourself as an entrepreneur, or if you are running into legal problems with your new business, you should consult with an attorney — which is another big step in learning how to manage your business. You will always need legal advice as a business owner.

Client Reviews
★★★★★
Mr. Cai Is a Diligent Attorney. My sister and I were defendants in a civil litigation case. We hired James Cai and his law firm, SAC Attorneys LLP. Mr. Cai is a diligent attorney and responded to our questions in a timely fashion. He and his staff were very helpful in keeping us informed of the proceedings of the case and in explaining each step. Mr. Cai is also very conscientious of fees and costs, and avoided unnecessary charges. The results of the Summary Adjudication sided with us. The Court Trial resulted in the “Final Statement of Decision” and “Judgment after Court Trial” overwhelmingly siding with us. Cynthia F.
★★★★★
I Am Truly Impressed. After spending a significant amount of time, money and efforts with my previous counsel at a larger law firm without getting meaningful results, I transferred my employment matter to SAC Attorneys LLP. The attorneys there were able to understand the complex situations of my case and put together an aggressive litigation strategy. We were able to file a compelling complaint within a week and forced the opposing party, which was represented by one of the largest law firms in California, to make a substantial settlement offer shortly thereafter. I am truly impressed by the no nonsense and results oriented approach by SAC Attorneys LLP attorneys. A job well done! X. Gao
★★★★★
They Took Time to Understand Our Technology. I am the founder of a bioinformatics start-up in the Silicon Valley and chose SAC Attorneys LLP as our corporate counsels. Their attorneys have great experience with high tech start-ups and were able to offer a highly competitive service plan while not sacrificing a bit of their quality of services. They took time to understand our technology and provided value added services by introducing investors and job candidates to us. We regard our attorneys at SAC Attorneys LLP not only as our legal advisors but also our venture partners. Dr. Pete S.