What Businesses Need to Know about SBA Loans & the CARE Act
As the coronavirus pandemic continues, so does relief for small businesses. Recently signed into law, the Coronavirus Aid, Relief, and Economic Security Act, also known as the CARES Act, is meant to help small businesses stay afloat and avoid closure or layoffs during this nation-wide health crisis. The CARES Act provides important means to safeguard small businesses from the economic...Read More
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What Every Company Doing Business in California Needs to Know about CCPA
On January 1, 2020, the California Consumer Privacy Act (CCPA) came into effect. Passed in 2018, it has been deemed the country’s toughest legislation on consumer online privacy with expectations that other states may follow with similar legislation. Here are the basics of what every company doing business in California needs to know. But, full disclosure, this law is complex and...Read More
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What Employers Need to Know About the Family First Coronavirus Response Act
Unemployment has increased dramatically in the last weeks during this coronavirus national emergency and employers are on edge. The Federal government, however, has already enacted one important piece of legislation and continues to work on more measures to aid employers and employees. The Families First Coronavirus Response Act (the “Act”) was passed by Congress and signed by the...Read More
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What all Businesses Need to Know about California Online Privacy Protection Act
Many of you may have heard the hype of the new California Consumer Privacy Act (CCPA) that went into effect on January 1 of this year. It’s been hailed as the toughest law in the country on online privacy. This new law is complex and enforcement of it will begin in several months. So, companies are in an uproar to make sure that they are in compliance. But there’s already been one...Read More
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Understanding Authorized Shares, Outstanding Shares, Treasury Shares & When They are Used
Whether you are the investor or the business owner of a startup, understanding what you are working with will help you make informed decisions. Informed decisions help you structure your business and to be mindful of funding and future stock options – because these things lend themselves to future financial stability. Understanding terminology related to company stocks is all part of this...Read More
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What is an Indemnification Clause and When Should It be Included in a Contract?
Imagine this: a state chooses to use a phone app during the primaries to allow voters the ease of voting from their own homes. This is believed to be a more efficient and fairer voting process. This app has not yet been used but has been tested many times for accuracy, security, performance, and the like. Now imagine this: on voting day, something goes terribly wrong and the app doesn’t...Read More
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Advantages of Forming a Limited Liability Company Over a Corporation in CA
Many startups and entrepreneurs are unsure about what business formation is best for them. Often, they form limited liability companies (LLCs) because this entity structure offers a lot in the way of benefits. The first and foremost benefit this structure has over any other structure is this: options in terms of federal taxes. For startups like those in the tech industry and many others, the...Read More
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Non-Disclosure Agreements: Protecting Employers
Employees may find themselves across the desk from someone asking them to sign a Non-Disclosure Agreement (NDA), sometimes referred to as a confidentiality agreement. NDAs are common in business. They are designed to protect important and confidential information related to the successful running of a business. However, just because NDAs generally are used in business, this is not to say that...Read More
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Do You Have to Pay Your “White-Collar” Employees Overtime?
As a business owner, you might want to avoid paying overtime to your employees if you don’t have to; however, many businesses make the mistake of assuming that employees are exempt from overtime rules because they are paid a salary or they have a certain job title such as “manager” or “sales.” The Fair Labor Standards Act (FLSA) is the federal law that governs overtime pay, minimum wage,...Read More
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What You Need to Know Before Signing a Reality TV Contract
Finding out you might be on a Reality TV show is a big deal. It’s a cause for celebration, but it’s also a time for caution. The producers of the show are going to want you to sign a contract. Many people are so excited for the chance to be on TV that they eagerly sign whatever piece of paper is put in front of them. It is important to realize that when you sign a contract, the...Read More
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