Audience Anyone starting a small business in California, anyone acquiring an existing small business in the state, and current California small business owners (nearly four million) who need state-specific information on taxes, bookkeeping, contracts, and other practical business advice. What is new in this edition: This book provides clear, step-by-step instructions for anyone starting or acquiring a small business in California, as well as up-to-date information (on taxes, bookkeeping, contracts, regulations, and other practical matters) for the more than four million current owners of small businesses in this huge state known for its opportunities as well as its regulations. Although many small businesses suffered (or closed) during the pandemic, applications for new businesses are actually on the rise (nearly a 22% increase between 2019 and 2020 in California). The 14th edition will be updated to reflect new laws and trends affecting how small businesses are regulated in California, including laws regarding classifying workers as employees vs. independent contractors, how companies must handle customer data, and more. The new edition will also include guidance on updating your business's digital strategy in a post-pandemic world. This user-friendly book provides essential and practical information for small entrepreneurs without overwhelming them with extraneous or irrelevant blather.