During both the formation and the dissolution of a business, there are many legal points to consider. Just as you begin a business applying for a business tax identification number, when you choose to terminate a business, careful consideration must be given to taxes.
There are a wide variety of reasons employees need supervision. Theft is a crime of opportunity, and proper control can alleviate that option. Also, when a supervisor is watching, work output productivity increases. When using company issued devices, without proper checks the device may be utilized for unintended purposes.
In business, to set yourself apart from your competition, there must be something unique that your company offers that is unlike anywhere else. Once you have discovered what those elements are, it is important to keep them within the enterprise to prevent others from replicating your ideas.
During the middle of a business rush, someone walks in with their dog. A small child is in the building and becomes frightened of the animal. Their parent comes to the rescue of their child and requests the removal of the canine due to the safety concerns.
As a business operating in the state of California, you have a moral, ethical, and legal obligation to offer certain protections to your employees. From employee safety at the place of work, income protection and all the way to protection after an injury occurs, employers must meet a certain set of requirements.
In business, nearly everything we do today requires agreement, from participating in activities to downloading software. These are important in any running business as they protect the business from liability lawsuits. By having a user sign an agreement, they are effectively placing all of the responsibility for actions on the signee.
If you have ever created something—an invention, a song, or even a business design or symbol—you have what is known as Intellectual Property (IP). In California, there are always new ideas created and shared in the workplace, with friends, and on social media.
The Supreme Court recently issued a decision addressing the enforceability of arbitration clauses in contracts. The Court ruled that binding arbitration clauses must be honored, regardless of whether California’s law says otherwise, because the Federal Arbitration Act requires that arbitration agreements included in company contracts be honored.
California’s Data Security law requires businesses to safeguard customers’ personal information. On January 1, 2016, a new amendment to the statute will go into effect.
If you own a small business or a share of a business, it may be your most valuable asset. Unfortunately, many small businesses do not survive the retirement or death of their owners. Thus, responsible succession planning, meaning planning for the transfer of ownership and management after an owner leaves, is key to a business’s continued success.