For the love of your business
For the love of your business
December 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 […]
Read MoreOn Nov. 27, the federal government announced a one-year delay for small businesses to sign up for insurance plans using HealthCare.gov. The enrollment deadline is now November 2014 for coverage that will take effect in January 2015. The government said the delay was necessary to allow individuals impacted by the well-known technical difficulties with the […]
Read MoreNon-compete agreements have traditionally been a trusted business tool to help companies protect proprietary information that is central to their business. However, the proliferation of these agreements in the past decade or so has caused them to lose their teeth in courts across the country. Here are some tips on implementing non-compete agreements that will […]
Read MoreSavvy business owners know that there are few legal landmines they need to side-step when interviewing candidates for a job. Sometimes, though, even the best get caught with their proverbial foot in the mouth by asking a question that to them seems innocent enough but could land the company in legal hot water. Here are […]
Read MoreDisciplining and/or firing an employee is one of the most dreaded tasks for CEOs and small business owners. Sometimes the trauma of termination can be just as bad for the boss as it is for the employee. But in this litigious society, bosses need to take extra care when disciplining or firing an employee to […]
Read MoreAccording to the Wall Street Journal, litigation over noncompete agreements has risen 61%in the past decade – a number that may be low considering most cases are settled out of court and not reported. Long considered the standard for senior management employment contracts, noncompetes are becoming increasingly common at all levels of employment as a […]
Read MoreOne of the most common business disputes involves a breach of contract, where lawsuits are filed because one party believes another party has failed to deliver on the terms of a written –or sometimes oral – contract. If your business is ever involved in a breach of contract suit, you need to be aware of […]
Read MoreA new Small Business Administration rule implementing part of the Small Business Jobs Act of 2010 provides more protection for subcontractors in their dealings with primary contractors, according to a Washington Post report. The rule, which goes into effect in mid-August, requires a prime contractor to notify the contracting agency if it decides not to […]
Read MoreAccording to the Kauffman Index of Entrepreneurial Activity, approximately 300 of every 100,000 U.S. adults started a business in 2012. The Index found that over 514,000 new firms were started every month in 2012 – but how many will succeed? Of course, in business –as in life – there are no guarantees. According to the […]
Read MoreThe Obama administration unexpectedly announced in late June that it was delaying the implementation of new health law penalties for at least a year, leading many small business owners to wonder what the reprieve will mean for their companies. Firms with more than 50 full-time employees would have been penalized $2,000 per uninsured employee starting […]
Read MoreIf you are running your own business and not looking at agreements regularly, it’s likely you are overlooking an important piece of your business and taking unnecessary risks. The truth is that you do not need to have written agreements to have a valid agreement, but it sure does help when there is a dispute […]
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