The California Privacy Rights Act (CPRA) will take effect on January 1, 2023. The CPRA imposes additional requirements on companies that do business in California, expanding upon its predecessor in privacy: the California Consumer Privacy Act (CCPA). With the rules and regulations governing consumer data privacy soon subject to change, it is the responsibility of [...]
Starting a new business venture may be both thrilling and terrifying. Mistakes might cost you a lot of money. While starting an entity, you'll want to avoid these six typical blunders. 1st Mistake: Selecting the Wrong Business Structure When starting a business in California, the first step is determining which sort of entity would [...]
The majority of start-up and early-stage businesses require capital in order to flourish. A significant difficulty is that many of these enterprises are unable to secure regular bank loans or do not wish to make the personal guarantees often required to gain those loans. As a result, they must resort to alternative sources of funding, [...]
May 2021 Small businesses need capital to startup, operate, and grow. When entrepreneurs lack the ability or desire to fund a venture entirely from personal assets, they will seek capital from outside investors. If you have or plan on founding a startup, it is imperative to have a general understanding of United States securities laws. Many [...]
December 2020 We love to help clients start and grow successful businesses, bring ideas to market and create value. We also love to help client protect what they have built. One of the ways we are called upon to do so is when the need arises to file or defend against a lawsuit. No rational [...]
November 2020 This election season brought a number of new propositions to California ballots. Included on the ballot was Proposition 24, the California Privacy Rights Act of 2020 (“CPRA”). It will strenghten California’s already robust consumer privacy protection law – the California Consumer Privacy Act (“CCPA”) – but also adds burdensome regulations for businesses across [...]
October 2020 It’s the time of year that we try to update you on the new laws affecting employers in the State of California. The legislative session has completed and the Governor has now either signed or vetoed all the bills sent to his desk. Below is an attempted summary of key bills for employees [...]
Santa Barbara County moves into the red tier allowing more businesses to open and for some to include indoor operations, with modifications. The County of Santa Barbara’s Public Health Department announced that Santa Barbara now qualifies for red tier status after two consecutive weeks of meeting its rolling average. Gyms, movie theaters, personal care services [...]
Change Will Open the Private Securities Markets to More Participants August 2020 The Securities and Exchange Commission adopted amendments to the SEC rules which expand the definition of who will qualify as an “accredited investor.” Historically, individuals have been required to meet minimum requirements for either income ($200,000) or net worth ($1,000,000) before they can [...]
March 2020 Following up on our recent client alerts about SARS-Cov-2 disaster relief for small businesses, one of the brightest spots for small businesses in the latest (third if you're keeping score) federal stimulus package, which was enacted March 27 as the 'CARES Act," are emergency Small Business Administration 7(a) loans. These "payroll protection [...]
