On September 17, 2020, Governor Newsom signed into law SB 1383, radically altering the business and employment law landscape for small California employers. SB 1383 – which goes into effect on January 1, 2021 – significantly expands the reach of California’s Family Rights Act (CFRA), now mandating that employers with 5 or more employees must… Read More
Posts Tagged With: small business
The Federal CARES Act Provides Some Relief for Small Businesses Impacted by the COVID-19 Pandemic
On March 27, 2020, Congress voted to enact The Coronavirus Aid, Relief, and Economic Security (“CARES”) Act, which was signed into law by President Trump on the same day. The CARES Act is the most recent in a wave of federal legislation passed in an effort to counter the economic impacts of the COVID-19 pandemic…. Read More
Governor Brown Signs AB 1732, Requiring Single User Restrooms to be Available to Both Genders
Earlier today, Governor Brown signed AB 1732 which prohibits businesses from labeling a single-user restroom as either “male” or “female.” Instead, as a result of this new law which takes effect on March 1, 2017, if a business has a single-user restroom it must make that restroom available to all genders. This new law will impact… Read More
401k Options for Small Businesses are Improving
Only 14% of employers with fewer than 100 employees offer a 401k plan. That’s because 401k plans generally are expensive and require considerable paperwork and other maintenance. That’s especially true for smaller 401k plans — because they hold fewer assets, they generate less trading fees and have less negotiating power, which results in higher set-up,… Read More
Banks Making More Small Business Loans
A recent New York Times article points to signs that the lending environment is improving for small business. According to Keri Gohman, an Executive Vice President and head of small business banking for Capital One who is quoted in the article, “It’s actually a really great time to access small business capital.” The article notes… Read More
The Affordable Care Act is Good for Small Business
In the October 14, 2013 edition of The New Yorker, author James Surowiecki argues that the Affordable Care Act, which is often referred to as “Obamacare,” will have “enormous” benefits for entrepreneurs and small businesses. You can find the article here. One benefit, according to Mr. Surowiecki, is that employees will no longer face “job… Read More
