Articles Tagged with “business formation”

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California businesses often find themselves needing to investigate potential mergers and acquisitions, along with business formation issues when they decide to start new endeavors. Recently, well-known computer maker Dell announced that it had acquired California-based Gale Technologies Inc., although exact financial details were not released. Additionally, Dell announced the business formation of an Enterprise Systems & Solutions firm that would be focused upon topologies and solutions for enterprise and converged workloads.

Gale Technologies was founded back in 2008. At last report, the company boasted 75 employees, which may seem a small number when compared to the larger firm which acquired it. Dell is actually the world’s third largest manufacturer of computers. Its acquisition of Gale Technologies was the seventh such purchase made by Dell this year. The computer maker seems poised to redesign itself into a firm able to provide a full array of technology services.
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Companies who are engaged in the business planning process are likely aware of how important lease agreements can be both during business formation and throughout the life of a company. Recently, a California group voted to approve a new lease agreement that would grant USC the authority to supervise ongoing operations for the LA Memorial Coliseum. The master lease must still be approved by multiple state agencies, however. Some lease agreements can take longer to negotiate than originally estimated.

The lease agreement would grant USC the right to manage day-to-day operations of the facility; however, the Coliseum Commission would still act as landlord. Apparently, some groups are not completely in favor of the proposed master lease as it stands. The LA Times and a first amendment group called Californians Aware previously filed suit in court requesting that a new vote be held. According to them, the Coliseum Commission failed to meet state law requirements for holding meetings that were open to the public.
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Regulatory compliance can be an important topic when it comes to business planning. Most California business owners know just how important it is to follow regulatory compliance guidelines in order to avoid potential penalties from governing bodies like the U.S. Securities and Exchange Commission. Sometimes, however, SEC penalties might have a less devastating effect than an unhappy client who leaves–and makes that exit well-known to other clients.

Some investment advisers know this fact all too well. While many focus on the obvious threat of Washington regulators who can make their business lives a lot more difficult in the wake of perceived regulatory noncompliance, the truth is that one dissatisfied custodian for a client can sometimes do far more monetary damage than simple governmental penalties. In a situation where a brokerage firm who acts as the custodian of a client’s securities and sees what they think are too many red flags, the consequences to that adviser could be devastating.
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As any California resident is probably well aware of, intellectual property rights have gone from being a relatively obscure issue to taking center stage over the past 20 years thanks to a number of emerging technologies. Nowadays, people can share songs, books and movies with ease. People are also creating their own content at a record pace. Naturally, this has led to a lot of interest in intellectual property rights.

Although many economies rely on intellectual property rights, few may compare to the reliance of the United States upon them. California may especially rely on these rights thanks to Hollywood and Silicon Valley. Indeed, a new survey conducted by the U.S. government shows that 40 million jobs are supported by intellectual property rights. That’s more than a quarter of the U.S. workforce, or 28 percent.
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When deciding to start a business, there are number of considerations that may need to be taken into account. For example, there may be business formation issues relating to inventory control, staffing and leases. One California small business, though, decided to ditch all that when they took their bakery and catering business to the web.

Although many small businesses have an online presence these days, they typically do not involve freshly baked produce. However, after examining their options, one Sacramento-based business decided to go the online-only route. They now operate two websites: one that delivers personalized cakes and baked goods overnight to all 50 states, and another that specifically targets the local area and delivers the food directly to a home or office.
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