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    California Business Journal
    • Front Page
    • Business
      • Insurance
      • Real Estate
    • Finance
      Nicholas Yrizarry

      In Perfect Alignment

      Invest-in-Your-Childs-Future

      Start Investing Now For Your Child’s Future

      IMG 8554 - From a “Wish List” to a “Reality List”

      From a “Wish List” to a “Reality List”

      ScamKeyboard

      5 All Too Common Investment Scams (and How to Avoid Them)

    • People
    • Featured
      Silicon V Real Instituto

      The Entrepreneurs ‘Angell’

      West Gary, MinTech’s Chief Technical Officer2

      Dust Buster

      Flags-of-the-world

      The Impact of Covid: Racing to Buy Second Citizenships

      Photonic Chip

      The First Photonic Chip Has Arrived. What Does That Mean For Augmented Reality?

      Supreme Court Sports Betting

      California’s Bid for 2022 Sports Betting Legislation

    • Technology
      West Gary, MinTech’s Chief Technical Officer2

      Dust Buster

      Plaxonic Technologies Innovate

      Plaxonic Technologies: Leading Innovation

      tech devises of the future - Latest Devices to Make Our Lives Easier

      Latest Devices to Make Our Lives Easier

      hands of business people typing on a keyboard - Should You Start An Online Business: 4 Things To Consider First

      Should You Start An Online Business: 4 Things To Consider First

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      law books

      Career paths available with a law degree

      background-check

      How Do Background Check Sites Find Your Information?

      hurricane

      Weathering the Storm

      tower-bridge-london-england

      How to apply from the USA to one of the most famous law universities in the UK

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      AB3088

      California COVID-19 Rent Relief Policies Economically Unsustainable

      american-flag

      Dreamers Won Full Restoration of DACA…What Now?

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      London Heathrow one step closer to controversial third runway

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      California Mutual Partners with Invoice Cloud to Improve Insurer’s Efficiency and Simplify Process for Policyholders

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      Insider Corner: David Ebrahimzadeh Discusses The 10 Best California Towns to Invest In

      Dan Lok

      Startup Central: Dan Lok’s ‘Take’ on How to Get Your Startup Off the Ground

      73 How to Make a Website That Makes Money The Ultimate Guide - California's Payday Lending Industry and How It Compares to Other States

      California’s Payday Lending Industry and How It Compares to Other States

      Electrician

      6 Easy-to-Follow Steps to Becoming a Licensed Electrician

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      Eesha Patel feature

      Multi-Dimensional Reality

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      The Surprising Link between Gut Health and Mental Health

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      Commonly Asked Questions About CBD Oil in the USA

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      California Business Journal

      Laws All Small Business Owners Need to Know

      There are many laws and regulations that dictate what a business can and cannot do. Business owners need to realize that if they are overwhelmed, they can always hire a lawyer to help them navigate the laws and regulations.

      by California Business Journal Editorial Staff
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      Before starting a new business, every business owner must understand that there are laws they need to comply with. Failure to do so might result in heavy fines — even jail time.

      Most of these laws are meant to protect the consumer, the employees as well as the general public. Below, we will look at a few laws that businesses need to know as well as which areas they need to focus on.

      Advertising Laws

      Businesses must be truthful in their adverts and not be misleading to people who see these adverts. With the growth of so many different platforms that businesses can advertise on, as well as growing competition, a business might be tempted to embellish them a little to look better. If you do this, you might be sued under consumer protection laws.

      Also, familiarize yourself with telemarketing and spamming laws. These laws govern online advertising which is huge right now.

      Fraud and Anti-Money Laundering Laws

      Businesses must take every measure they can to prevent fraud and money laundering. The best way to do this is to verify the identity of all their users, clients, and customers using electronic identity verification services like Cognito. Cognito provides modern, smart identity verification and compliance solutions for businesses that want to operate within the law. They can verify the identity of your customers as well as other businesses you deal with. This ensures these businesses are in good standing and you are not exposed when dealing with them.

      Employment and Labor Protection

      This is perhaps one of the most important areas to focus on. Laws that govern employment and labor are always changing and you might need to hire a lawyer to help your business keep up with all of them. Among other things, these laws focus on worker safety, minimum wage, working conditions for immigrants, equal opportunity employment, benefits, and privacy of workers.

      Environmental Laws

      The Environmental Protection Agency works with other government agencies to regulate the effects and impact of a business on the environment. They regulate effluent, disposal of waste materials, carbon footprints among other things.

      The EPA might visit your business from time to time to see if you are in compliance so ensure you are so that you do not get in trouble.

      Data Security and Privacy Protection Laws

      Businesses are mandated to protect the privacy of their employees as well as that of their customers. Businesses must secure this data and not disclose it. They must also do everything they can to ensure this data is not accessed by malicious third parties.

      ADVERTISEMENT

      If you are not in compliance and your customer data is disclosed, people can sue your business for breaching their privacy.

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      Finance and Tax Laws

      Businesses must follow finance laws that relate to antitrust regulations, securities and bankruptcy. Businesses must also ensure there is no embezzlement or fraud going on at the business.

      There are also strict tax laws that every business owner should know to ensure they are in compliance.

      There are so many laws and regulations that dictate what a business can and cannot do. Business owners will do well to keep this in mind and if they are overwhelmed, they can always hire a lawyer to help them navigate all these laws and regulations.

      Tags: advertisingbankruptcycompliancedata securityemployeesenvironmentalfinancefocusimmigrantslawLaws All Small Business Owners Need to Knowlawyerregulationssmall businesssmall business ownerstax

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