Amid reports that business owners in Los Angeles County are more optimistic about this year's business conditions compared to last year's, owners still share some serious concerns, not the least of which is government regulation in the form of the citywide minimum wage hike.
If you're starting a corporation or a limited liability company in California, a key step in the process is filing your articles of incorporation. Your corporation's existence is legally established when you file the articles with the California Secretary of State, which charges a fee for the filing. Currently the fee for a general stock corporation is $100, and the fee for an LLC is $70.
Starting in 2015, employers in California will have to comply with a number of new laws. One of the major changes comes in the Healthy Workplaces, Healthy Families Act of 2014. The law requires that employers give qualifying employees paid sick leave.
In November 2013, the Eleventh Circuit Court of Appeals found that a person who isn't a patron of a business can sue that business for failure to provide access to people with disabilities. The court's ruling cleared the way for serial "testers" to bring disability-access claims against multiple businesses.
Signed into law in 2010, the Dodd-Frank Act provides protections to employees who blow the whistle on potential regulatory violations in the financial services industry. Provisions in the law protect whistleblowers from retaliation by their employers. However, a recent U.S. appellate court ruling raises the question of whether certain foreign employees of multinational corporations are afforded those same protections.