If you own or manage a small business, you probably want to plan for the future, take control of your finances or simply fix nagging problems that impede productivity. But with so many other pressing concerns, who has the time?
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Pay Day’s Coming: Don’t Forget the Sick Leave!
California Assembly Bill 1522, signed by Governor Brown last September, went into full effect on July 1st. The law requires all California employers to provide paid sick leave to their employees. The new law includes any employee who works at least 30 days within a year in California, including part-time, per diem, and temporary employees, […]
Should You Incorporate Your Business?
Following fast on the heels of a decision to go into a particular kind of business is the decision about what kind of legal form it should take. The most common options are a sole proprietorship, a partnership, or a corporation. You may lean toward the corporate route because you like the sound of having […]
Buy-Sell Agreements for Small Business
The transfer of ownership interests in a small business should take into account all of the considerations that make each business, and especially a family-owned business, unique. The vehicle for accomplishing the transfer is usually called a buy-sell agreement. Its name barely begins to describe the buy-sell agreement’s various purposes. With professional advice, the agreement […]
When Noncompetition Agreements Cross State Lines
It is a common practice for an employer to require an employee to sign an agreement preventing the employee from competing with the employer for a certain period of time and in a designated geographic area. For many years, interpretation and enforcement of these noncompetition agreements or covenants not to compete, as they sometimes are […]
Lost Database is Not Insured
“If you can’t reach out and touch it, it is not insured.” That was the gist of a court’s ruling in a lawsuit brought by a company that lost a large amount of electronically stored data when an employee inadvertently pressed the “delete” key on a keyboard. The company looked to its insurer to cover […]
Small Business – Maintaining a Safe Workplace
In theory, and often in practice, the safety of the workplace is a top priority for any business. But while large companies may have personnel devoted exclusively to the subject, safety is but one of many responsibilities for the owners of small businesses. In some cases, the matter of keeping workers safe slips down the […]