What type of legal documents should I keep on file?

All small businesses operating in California should keep copies of important legal documents on file. These documents should include contracts, documents from the IRS, and any other documents related to the business’s operations. Here is a list of some documents that should be kept in a secure location: • Articles of incorporation: This document outlines the business’s name and purpose, and is the official record of the business’s existence. • Business licenses and permits: Depending on the type of business, you may need to obtain various business permits and licenses in order to legally operate in California. • Employment agreements: If you are hiring employees or independent contractors, they should sign an employment agreement that outlines the terms and conditions of their employment. • Bills of sale: If you are buying or selling any goods or services, you should have a bill of sale for each transaction. • Tax forms: You need to keep all tax-related documents, such as 1099s, W-2s, and any other forms from the IRS. • Insurance documents: You should store proof of business insurance in case of accidents or liabilities. • Copies of any contracts with customers, vendors, suppliers, etc.: You should keep copies of these contracts in case of a disagreement or dispute. Overall, it is important for small business owners to keep copies of all legally binding documents related to their business. Having these documents on file can save you time and money by helping you avoid legal and financial issues in the future.

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What type of legal documents should I keep on file?

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