For the love of your business
For the love of your business
On March 13, President Obama signed a presidential memorandum that directs the U.S. Department of Labor to propose new rules governing overtime exemption regulations for white collar workers under the Fair Labor Standards Act (FLSA). The Presidential Memorandum instructs the Secretary of Labor to update the FLSA regulations for workers who qualify for overtime protection, […]
Read MoreSmall businesses can ill afford litigation – not only because of the cost, but also for the time and attention lawsuits can divert from your business. Here are six tips to help you avoid one of the most prevalent sources of business litigation: employee lawsuits. Adhere to nonexempt status. If employees work more than 40 […]
Read MoreIf you’ve never hired an attorney for your business, you are probably wondering how you would evaluate whether or not they would be a good fit for your company and could deliver the services you need at a price you’re willing to pay. Here are 8 things to consider when hiring a business attorney for […]
Read MoreIs there love in the air at your company? We’re not talking about people who love their jobs…we’re talking about employees who find love while on the job, and this could lead to a bad breakup for business owners. Workplace romances are not uncommon these days, especially since men and women work together putting in […]
Read MoreOne of the most costly things business owners can do – often through benign neglect – is allow their company to lose its good standing with the state where it operates. When this happens, a company can be administratively “dissolved” and owners can lose the personal liability protection of a corporation or LLC. Here are […]
Read MoreBusiness owners concerned about protecting their personal assets from business liabilities often choose to operate their companies as a Limited Liability Company (LLC) or Corporation (usually as an S-Corporation), since these business structures provide what is known as a “liability shield”. However, a court can dissolve this liability shield if the proper steps are not […]
Read MoreThe employment landscape has changed over the last few years and many small and mid-size companies today operate with outside help – contractors or freelancers who perform important tasks but who are not full time employees on your payroll, or even third party companies who consult on a new product or service. While companies that […]
Read MoreOne of the most common questions business owners want to know is what kind of legal agreements they need. And while the answer to this question depends a lot on what kind of business you operate, there are four key legal agreements that virtually every business owner will need to protect and operate their business […]
Read MoreAre you thinking about launching a new business in 2014? If so, you need to set the right legal foundation or risk costly consequences down the road. Here are five legal tips for entrepreneurs: Find a legal adviser. The best time to have a business lawyer is when you’re just starting out. He or she […]
Read MoreEarlier this year, Microsoft was on the wrong end of an English court ruling that found the software giant had infringed on the trademark of British broadcasting company BSkyB with its SkyDrive cloud storage service. Instead of appealing the ruling, Microsoft decided to rebrand the service. Before your company has a misstep with intellectual property […]
Read MoreDecember is the month that many business owners spend extra time winding down the year and planning for the new year. Here are five year-end tax planning tips to prepare your business for 2014: Review subcontractor information. If you paid any subcontractor more than $600 during 2013, you are required to send each subcontractor a […]
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