December 2019 Archives

Fashon Nova the target of DOL investigation

Fashion Nova is a clothing company based in California that markets itself as a brand that any woman can wear. Most of the items that the company produces are advertised by influencers on social media. The brand has 17 million followers on Instagram, and those followers include celebrities such as Kylie Jenner and Iggy Azalea. However, a New York Times report provided details into a Department of Labor investigation of Fashion Nova.

Potential liability is a consideration in business formation

Entrepreneurship is alive and well in California with many new businesses cropping up every day. Some are large, well-planned and well-funded operations that are years in the making; some are one-person gigs that open for business on a shoestring. One thing these and all businesses have in common, whether the owners realize it or not, is that the type of business formation the enterprise operates as will have a major impact on its future. There are four major types of business entities: sole proprietorships, partnerships, limited liability companies and corporations.

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