-
Earlier this year, in the Dynamex Operations West, Inc. v. Superior Court of Los Angeles decision, California’s Supreme Court unanimously announced a new test for determining a worker’s status as an independent contractor. This new test makes it more difficult for employers to establish that an independent contractor relationship is present. Previous to this decision, California courts had applied the Borello test for determining whether a worker was properly classified as an independent contractor. However, […]
-
10 Jan '18
In the current age of technology and necessary online presence, most businesses need a website to survive. If your business does run a website, you must ask yourself this question: do you need a privacy policy?Unless your website is non-interactive, such as a blog, the answer will be “yes.” The California Online Privacy Protection Act applies to any person or company whose website or mobile application collects “personally identifiable information”from California consumers. It requires the […]
-
Both private equity and venture capital are terms used to describe ways that investors acquire an interest in privately held companies as opposed to investing in public companies (like those listed on the New York Stock Exchange or Nasdaq). What follows below is a brief explanation of the difference between venture capital and private equity. No matter what type of investment you are seeking for your business or entrepreneurial endeavor, advance planning, research, and working […]
-
13 Nov '17
Companies can now offer and sell securities through crowdfunding. The Securities and Exchange Commission (SEC) recently gave the green light under Title III of the Jobs Act. Companies interested in offering and selling securities through crowdfunding should discuss with a qualified business lawyer in Los Angeles, who can explain the new SEC rules regarding crowdfunding. What is crowdfunding? Crowdfunding is a new and growing method to fund business projects. Crowdfunding uses easily accessible outlets, such as […]
-
18 Oct '17
Businesses should be very cautious when revealing sensitive and confidential information to employees or outside parties. While everyone may say they will keep your information in confidence with a firm handshake and smile, they may not always honor their word. They may steal your trade secrets, ideas, and other sensitive data and manipulate them to make it appear that they were the originators of the idea, product or service. One way to protect yourself and […]
-
23 Aug '17
Whether it’s selling gadgets as simple as Fidget Spinners, or something much more complex, like creating the next grocery delivery service app, every business needs to be run efficiently and properly to make it through its first year. When running a business, issues such as taxes, liability, and insurance may arise. As the wheels start moving, one may ask: Should I continue my sole proprietorship, or form an LLC? Not every business starts with “a […]
-
As an employer, you may employ a significant number of employees to perform various jobs. These employees may range in background, age, sex, race, religions, and sexual orientation. It is important for an employer to know how to handle these differences and establish a positive work environment in order to avoid unnecessary conflict and other issues that could lead to potential litigation. In addition, an employer may need employment contracts in place to attract and […]
-
Crowdfunding is a fast-growing option for start-ups seeking to raise capital to fund their business ventures and ideas. As an entrepreneur considering this type of funding, you must be cognizant of the legal issues that can affect your company. While crowdfunding may seem like the way to get quick investment in your business, first review the tips we offer below to help you navigate the legal issues that may arise. Get Professional Help Whether you […]
-
23 Feb '16
Incorporating a business involves more than just filing the articles of incorporation with the state’s secretary of state. Failing to perform the necessary additional steps can create financial and legal problems. What follows are 5 essential steps in business incorporation: Choose Your Management Team The selection of a board of directors is a straightforward but essential task in a valid incorporation. Based on the type of corporation or state of incorporation, the number of directors, […]
-
Prior to launching your business, any limited liability company or corporation needs to pay California’s minimum franchise tax ($800) if using a California address as your company headquarters. A company that plans to have its base in, say, Oregon while registering to sell goods in California, may also need to pay the franchise tax fee, depending on various factors, including whether it leases space or hires employees in the state of California or if any […]
