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September 2017 Archives

Not all new businesses should be called startups

Startup is a popular term in the California business world, so much so that many entrepreneurs and business owners use it to describe almost any new enterprise. But the definition of the term includes factors that are not applicable to all new businesses. A startup is a venture that aims to meet a demand in the marketplace by the development of an innovative service, product, platform or process. Additionally, startups typically have different goals that most small businesses.

How to manage consumer expectations in a merger

Consumers in California may be concerned that they will lose the connection that they have with a brand if it merges with another company. The CEO of QVC has said that combining companies may actually lead to greater value for customers as well as add value for customers. L'Oreal says that it lets each brand that it owns be authentic and transparent.

Trump waiving environmental protections to build border wall

The Department of Homeland Security is planning to replace part of the California border wall with Mexico following a waiver of governmental reviews and environmental laws by the Trump administration. The waiver is the second of its kind exercised by the administration in under two months. Critics of the move call it an environmental threat and an overreach of executive authority.

Tips for starting your first company

The day has finally come when you are ready to take the first step to becoming your own boss. Starting your own business has been the goal since you took your first college course. However, opening a business in San Diego can be difficult and even stressful. You have to balance your ideas for operations with legal requirements and the other nitty-gritty while working toward making a profit.

Avoiding violations of the anti-inversion regulations

California corporations that are considering acquisitions and mergers need to take care that they avoid violating the IRS regulations that cracked down on corporate inversions. This may require adjusting the ownership percentages so that the acquisition or merger will not effectively be an inversion.

Starting a business with little money

Money can be a significant factor for California entrepreneurs who want to start a business. They may believe that they don't have the money to spare or are worried about the risks of spending money to start a company. However, it is important to understand that there are many tasks that a business owner can do him or herself. For instance, it may not be necessary to hire a marketing expert when there are ways to market without help.

How entrepreneurs should gather and analyze data

Advance planning and preparation is crucial for business owners in California. A major aspect of this preparation is the ability to look at data and numbers and draw conclusions from that information. An entrepreneur who has a business idea in a new area may want to begin by researching and reading publications about that industry.

Insurance companies challenges DOI’s attempt to retroactively review rates, P.2

Previously, we began looking at a dispute between Farmers Insurance and the California Department of Insurance over whether the agency is allowed, under Proposition 103, to retroactively review previously approved insurance rates.

Insurance companies challenges DOI’s attempt to retroactively review rates, P.1

Insurance rate-setting is an important issue for insurance companies, since it has a direct impact on their ability to pay claims and their financial viability. Profit is certainly not the only concern when it comes to insurance rate setting—there is also the need to ensure that consumers are being treated fairly. California law accounts for both of these factors.

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