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

On behalf of Thaler Law posted in business formation on Sunday, April 14, 2019. Starting a business is an exciting and sometimes overwhelming step for a California entrepreneur. There are many important decisions a person will have to make, and it's critical for a person to be cautious and careful to avoid missteps. Problems during the business formation period, even small ones, can lead to significant complications down the road. It is easier to start a business now than ever before. There are many resources available online, but this can also increase the likelihood of a mistake. It's beneficial to understand the legal ramifications of every choice made, including the type of business entity. Poorly formed partnerships or other types

On behalf of Thaler Law posted in business formation on Sunday, April 2, 2019. Starting a business is an exciting venture for a California entrepreneur, but there is much more involved with this process than just finding a storefront or launching a website. The business formation process involves many complex and important choices, including deciding on the type of structure a company will have. Before a founder makes any important decision that can affect the finances of his or her business, it is smart to know all of the options available. There are two main types of business structures available, including limited liability companies and corporations. The choice a business owner makes will affect taxes, personal liability for business debts

On behalf of Thaler Law posted in business formation on Wednesday, February 20, 2019. Starting a California business is an exciting time, but there are important financial and legal issues to consider before moving forward. The choices an entrepreneur makes in the initial stages of his or her company will have significant impact on various factors down the road, including taxes. During the business formation stage, it is prudent to think about how the choice of entity will determine taxes as well. The legal structure of a business determines how a business owner will be taxed and his or her personal financial liability for business-related taxes. As an example, a sole proprietorship is a common choice for a structure of

On behalf of Thaler Law on Friday, February 1, 2019. One of the best ways to prevent contract disputes is to sign a better contract. Clear and concise contracts contribute to a better business relationship. When all parties give real thought and consideration to their contract, even in a simple contract, it sets guidelines and clear expectations for all aspects of the business. What makes a good business contract? Your contract can be a simple, one-page document and be an arguably better contract than a lengthy one. Aside from spotting bad business clauses, the following makes a good contract better: Avoids unnecessarily complicated language Clearly defines business terms Paragraphs are numbers and labeled Free of typos or grammatical errors Specifies

On behalf of Thaler Law posted in business formation on Thursday, January 24, 2019. One area that has seen a lot of growth in recent years is online retail. Estimates point to ecommerce having hit $2.8 trillion in global sales revenues in 2018. And continued growth is expected. The opportunities ecommerce can provide may draw entrepreneurs here in California to consider starting an online retail business. When entering the ecommerce field, there are many things it can be important for entrepreneurs to stay aware of. This includes what the current major trends are in the online retail industry. Such awareness can allow an owner of a new ecommerce business to develop strategies for how best to react to these trends