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Here’s Why the FDA is Rushing on COVID Test Kits

By Mohsen Parsa |

The need for urgent solutions to the global COVID-19 pandemic has led the Food and Drug Administration (FDA) to speed the arrival of several diagnostic tests for the virus to the market. While it typically takes several months before the FDA will allow a medical device or test to be sold in the United… Read More »

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Small Businesses: Is Bankruptcy the Right Option During the Coronavirus Pandemic?

By Mohsen Parsa |

The coronavirus pandemic continues even as businesses start to reopen more and more in June and July throughout California and the United States. It is important to remain cautious, however, since the numbers of COVID-19 cases are still rising in California and many other states. Who knows what the future holds. And that is… Read More »

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Remote Work in Times of the Coronavirus Crisis

By Mohsen Parsa |

Before the novel coronavirus pandemic was upon us, many startups were offering remote work possibilities. And the reason is simple: it makes sense. Here’s why it makes sense and what you should look out for specifically in legal terms if you do offer it. Why Offer Remote Work or Incorporate it Into Your Business… Read More »

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What Businesses Need to Know about SBA Loans & the CARE Act

By Mohsen Parsa |

As the coronavirus pandemic continues, so does relief for small businesses. Recently signed into law, the Coronavirus Aid, Relief, and Economic Security Act, also known as the CARES Act, is meant to help small businesses stay afloat and avoid closure or layoffs during this nation-wide health crisis. The CARES Act provides important means to… Read More »

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What Every Company Doing Business in California Needs to Know about CCPA

By Mohsen Parsa |

On January 1, 2020, the California Consumer Privacy Act (CCPA) came into effect. Passed in 2018, it has been deemed the country’s toughest legislation on consumer online privacy with expectations that other states may follow with similar legislation. Here are the basics of what every company doing business in California needs to know. But,… Read More »

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What Employers Need to Know About the Family First Coronavirus Response Act

By Mohsen Parsa |

Unemployment has increased dramatically in the last weeks during this coronavirus national emergency and employers are on edge. The Federal government, however, has already enacted one important piece of legislation and continues to work on more measures to aid employers and employees. The Families First Coronavirus Response Act (the “Act”) was passed by Congress… Read More »

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What all Businesses Need to Know about California Online Privacy Protection Act

By Mohsen Parsa |

Many of you may have heard the hype of the new California Consumer Privacy Act (CCPA) that went into effect on January 1 of this year. It’s been hailed as the toughest law in the country on online privacy. This new law is complex and enforcement of it will begin in several months. So,… Read More »

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Understanding Authorized Shares, Outstanding Shares, Treasury Shares & When They are Used

By Mohsen Parsa |

Whether you are the investor or the business owner of a startup, understanding what you are working with will help you make informed decisions. Informed decisions help you structure your business and to be mindful of funding and future stock options – because these things lend themselves to future financial stability. Understanding terminology related… Read More »

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What is an Indemnification Clause and When Should It be Included in a Contract?

By Mohsen Parsa |

Imagine this: a state chooses to use a phone app during the primaries to allow voters the ease of voting from their own homes. This is believed to be a more efficient and fairer voting process. This app has not yet been used but has been tested many times for accuracy, security, performance, and… Read More »

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Advantages of Forming a Limited Liability Company Over a Corporation in CA

By Mohsen Parsa |

Many startups and entrepreneurs are unsure about what business formation is best for them. Often, they form limited liability companies (LLCs) because this entity structure offers a lot in the way of benefits. The first and foremost benefit this structure has over any other structure is this: options in terms of federal taxes. For… Read More »

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