For the love of your business
For the love of your business
The 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 […]
Read MoreAnyone involved in a family business knows that working with family has its pleasures and its pitfalls –incurring these legal pitfalls can prove deadly to your family business, so here’s how to fix them: Mixing family & business finances. Unfortunately, we live in a litigious society, so as soon as your family business is up […]
Read MoreIf you operate a family-owned business, or are considering starting one up, there are four potentially lethal legal mistakes you should take care to avoid, including: No employment agreements. Family members who work together are usually hesitant to confront one another if someone isn’t pulling their weight. Having an employment agreement for everyone ensures that […]
Read MoreYour ideas aren’t worth anything if you don’t get them out there into the world. I come across a lot of entrepreneurs who are afraid that if they talk about their idea, it’ll get stolen and so they keep it under wraps and don’t capitalize on it. Here are three legal tools you can use […]
Read MoreThe immigration bill introduced by the “Gang of Eight” – a bipartisan collective of U.S. senators – contains recommendations on a number of measures, including the beefing up of border security and visa reform. The proposed legislation also contains some new policies that could have a big impact on small businesses, especially startups. Here’s why: […]
Read MoreThe IRS and the Department of Labor are cracking down on businesses that use contractors but treat them like real employees – or, as the IRS calls them, “common-law employees.” Before you misclassify that contractor, ask yourself these 5 questions: Do you control the work? If you direct how and where and at what time […]
Read MoreA logistical speed bump is going to delay the number of insurance plan options for small businesses under Obamacare for at least a year, according to a Wall Street Journal report. The U.S. Department of Health and Human Services (HHS) is now proposing that small businesses have only one insurance plan option to offer employees […]
Read MoreAccording to SBA data, more than 79 percent of small businesses have no employees – meaning that a majority of small business owners are doing it all. And when tax season rolls around, it can mean plenty of stress for owners of small businesses. A recent Washington Post column provided these five tax season tips […]
Read MoreWhether the result of the recent recession or the desire by baby boomers to embark on a new professional path, new business startups are growing fast. Here are 10 legal tips for entrepreneurs who are striking out on their own for the first time: Choose the right entity. Decide if you will be operating your […]
Read MoreThe Small Business Administration (SBA) has launched a new blog series to educate small business owners about what they need to now about the Affordable Care Act before it goes into full effect in January of 2014. The new series tackles common misperceptions about the ACA; one post details the top three things small business […]
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