On behalf of Thaler Law posted in business formation on Monday, August 5, 2019. Starting a business in California is an exciting process, but it is also an expensive and legally complex endeavor. There are important decisions to make during this process that will impact the operations of a business for years to come. There are a few significant things that an owner would be wise to consider during the business formation stage that will help him or her avoid problems and lay the foundation for a strong future. Choosing a business entity is one of the most important choices that a business owner will make during this process. This is structure for the company that will affect things such

On behalf of Thaler Law posted in business formation on Wednesday, July 10, 2019. It's impossible to predict the future, but there are specific things that business owners can do that will protect their long-term interests. One of these things includes implementing certain plans and procedures during the business formation process that will go into effect in the event of their sudden death. California businesses can suffer greatly if their leadership passes away, and there are certain things an owner can do to ensure continued operations. An example of this happened recently to a small business in another state. The owner unexpectedly passed, and his family was left scrambling, trying to decide what to do with the company. One member

On behalf of Thaler Law on Wednesday, May 22, 2019. In a construction deal, there are often several different parties involved. From designers to owners and contractors to sub-contractors, there are plenty of cooks in the kitchen. Because of this, establishing liability for different parts of the project is a crucial part of a well-conceived contract. As a contractor, you should know what risks you should and shouldn’t be responsible for. This awareness and attention to detail can help you avoid disputes in the future. Allocating risk A contract for a potential project should properly assign risk to each party involved. The best way to do this is to allocate each risk to the party that will best be able

On behalf of Thaler Law posted in business formation on Wednesday, May 15, 2019. Starting a business can be an exciting step for California entrepreneurs, but it is not always the optimal choice for those looking to own their own business. In some cases, it is smarter to purchase an existing business than to navigate the business formation process. There are many benefits to taking this route, but a potential business owner will want to think carefully about the long-term implications of any choice regarding his or her business. One of the benefits of buying a business instead of starting one is that the buyer will obtain a proven business plan and be able to earn a profit faster. When

On behalf of Thaler Law on Friday, May 3, 2019. At this point, it’s clear your business needs to have an online component to succeed. Exactly what you do online will depend on your business, but you’ll almost certainly collect some forms of user data. That means you could be subject to the California Consumer Privacy Act (CCPA), so what do you need to know about it? For starters, you should know that the law is currently a major point of discussion among lawmakers. Ever since the law was passed, people have been volunteering their wish lists of changes. Some want exceptions. Others want tighter restrictions and more clearly drawn guidelines for enforcement. But while these arguments may lead to