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QUESTIONS & ANSWERS

Question #1: time limit of non compete clause when not specified in contract of sal

sold business in 2005 no date indicated on contract for period on of non-compete

Best Answer

Perdendosi has started you on your way. Here is the rest of the road. Most non competition clauses are void. B&P 16600. If goodwill is sold, a noncompetition clause is valid only in the county or city where the business sold operated, and only so long as the person buying the business carries on a like business in that place. Under those conditions, it is valid forever. B&P 16601. If a partnership is dissolved, or a partner dissociates or sells his interest, a noncompetition clause is valid only in the county or city where the partership operated, so long as any member of the partnership (or a person obtaining a partner's interest) carries on a like business in that place. Under those conditions, it is valid forever. B&P 16602. If a limited liability company is dissolved, or a member sells his interest, a noncompetition clause is valid only in the county or city where the company operated, so long as any member of the company (or a person obtaining a member's interest) carries on a like business in that place. Under those conditions, it is valid forever. B&P 16603.

Question #2: California Business (Starting Up)?

I am looking into getting into an export business from overseas, with my base being in California. My questions: 1. Do you need a reseller's permit if the goods you purchase are made overseas? In other words, I wouldn't be buying the goods from a wholesale party in the USA. 2. If the business is located outside of the USA and the items are shipped from outside the USA, would I still have to gather sales tax? All of the transactions with customers would be coming from another country. Most (if not all) of the transactions would be done via the internet (eBay, etc.) As I want to make the business legal, I just want to make sure I am doing the right things (the CA site wasn't overly clear; I understand having to file for a Business Tax License in my area as a sole proprietor). Thanks!

Best Answer

yes perhaps, depending on the state. mass ca tx ny are real butholes to deal with and they will make it as difficult for yiou as possible if they think they can get you to pay/collect taxes to them. my experience with the state of ca....they are just afu, don't care a bit about you, logic, intelligent thought, if they think you owe them money, you are sol, because they get ugly in a hurry, and there is nothing you can do but pay, or pay more for an attorney. if you can do business in ar or nv, do so. get a pob in one of those states, and send all business mail there, then have it forwarded to you by a private forwarder. if you have no trucks or traffic to speak of, it will be difficult to get busted. good luck

Question #3: What is a good business for a 19 year old in South California with mus

I already get i write & produce music, & am very good at sales, but im talking about a business for me to start for myself, what would be a good one, one that would make alot of money, serious answers only pleez. i already make $400 a month, someone with real business skills and/or has a succesful business that they started, please help.

Best Answer

Think of all your interests & ask yourself if any of those could be expanded into a business. Just keep in mind...what's your expertise? What are your interests? What could you imagine yourself doing? By researching the prospect of starting your own business -- what it entails, what you need to know, helpful hints, etc -- you'll feel better prepared to take that plunge. I found some book titles that are relevant to your specific question: * Generation, Inc: The 100 Best Businesses for Young Entrepreneurs by Elina Furman, Leah Furman * The Young Entrepreneur's Guide to Starting and Running a Business (Completely Revised and Updated) by Steve Mariotti * The Young Entrepreneur's Edge: Using Your Ambition, Independence, and Youth to Launch a Successful Business (Princeton Review Series) by Jennifer Kushell * Upstart Start-Ups!: How 34 Young Entrepreneurs Overcame Youth, Inexperience, and Lack of Money to Create Thriving Businesses by Ron Lieber I also posted some article links in the source box. Hope that helps! I wish you much success & happiness in all your ventures!

Question #4: I looking for a wholesale warehouse in California to start My own busi

Best Answer

Huh? Do you mean you want a big building with large, open spaces, or what? California is a pretty broad place, care to be a little more specific?

Question #5: If a business from Wyoming purchases goods from a business in Californ

Best Answer

I know that if you buy something on the Internet, and the company is not in the state you are in, you do not pay sales tax. You do owe a use tax, which is the same thing. Now, if a business buys goods from a business that it is going to resell there is no sales tax until the point of final sale. I suspect you will not pay a California sales tax, but you might have to pay some form of Use tax in Wyoming.


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