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Many business owners fear the prospect of litigation. It can be expensive and time-consuming. As a result, alternative methods of dispute resolution have become increasingly popular. However, alternative dispute resolution may not be the right choice for everyone. There are pros and cons that each business owner will need to weigh as they try to find a solution to their…
Bill Gates once claimed, “Intellectual property has the shelf life of a banana.” That may be true, but he has made billions off the back of his bananas. Protecting intellectual property (IP) is one of the key areas that new California businesses can get wrong. Getting it right at the start can save you costly legal battles. It can also…
Every business should have some kind of insurance, including property insurance, workers’ compensation insurance and liability insurance. One type of insurance that many small business owners oftentimes neglect is business interruption insurance. However, this type of insurance benefits most businesses. It is important to understand what business interruption insurance is, what it covers and what it does not cover. What…
As you finalize your business plans and secure proper permits and licensing, it’s important to consider your company’s environmental impact. If you use or dispose of chemical or hazardous waste, then you might need to fill out a request for another permit. There are both state and federal regulations on hazardous waste. When companies don’t comply to specific laws and…
As a business owner, you rely on your insurance policy to protect both your business and your employees. While your insurance company has a duty to you as a policyholder, though, they may not always uphold their end of the agreement. This failure to uphold their obligations to you can impact your business’s profits and long-term viability. Identifying when a…
Facing a lawsuit against the company that you’ve worked so hard to build can be a challenge, especially if you’ve never been in this position before. It’s imperative that you take the time to learn what steps you need to take now that you’re in this position. One of the top priorities now is to protect the company that you…
Environmental awareness encompasses many different things, but it is generally just a term that refers to the knowledge that the public has about environmental dangers, steps to take to avoid harming the environment, and the ramifications of failing to do so. Now, you can certainly find many examples of a lack of environmental awareness or even those who deny certain…
Proposition 65, or the Safe Drinking Water and Toxic Enforcement Act of 1986, is designed to protect the state’s drinking water from contamination from chemicals that are known to lead to birth defects, cancer or other kinds of reproductive harm. Businesses are required to let Californians know if they have been exposed to those chemicals. Proposition 65 does have a…