For the love of your business
For the love of your business
The potential for costly errors when managing your workforce is high, but unnecessary if the proper planning is put into place from the start. To make the most of your role as an employer, make sure you understand the following common mistakes and how to avoid them. At-Will Employment Misunderstandings At-will employment is a concept […]
Read MoreOne of the most critical components to building a company, as opposed to a solo practice, or even a business where you are managing everyone and everything, is to learn to step into your full leadership. A primary key to that leadership is your ability to train your team so that you can confidently delegate […]
Read MoreThose new to the business world often lack the first-hand experience of initiating and building healthy business relationships. But protecting these vital relationships with carefully crafted business agreements—such as those for co-owners, suppliers and clients—is essential to growing a new business without risk of being taken advantage of or of burning valuable bridges. To decrease […]
Read MoreIn December 2016, former President Obama signed an important health care act that will help alleviate the burden of employee health insurance on small businesses. The 21st Century Cures Act will allow, among other things, small businesses to reimburse their employees for individual health insurance if they do not offer a group plan. For small […]
Read MoreUp until now, you alone have been running your small business. Now you need help. The moment when a small business owner decides to hire his or her first employee is one of triumph. Conversely, knowing how to start the hiring process can be a moment of confusion. If you’re ready to hire your first […]
Read MoreBuilding a brand can transform your business into an enduring household name. But how do you build a brand when you are starting from scratch? One good place to start is developing a consistent company culture. Company culture can be leveraged to create a unique and memorable company identity. More than just a corporate buzzword, […]
Read MoreIf your business is covered by the Fair Labor Standards Act (FLSA), you may be required to give all of your salaried employees who perform executive, administrative or professional (EAP) duties a raise. As of December 1, 2016, the new minimum wage for full-time salaried workers is $913 per week. Previously, the minimum wage was […]
Read MoreOpening a small business brings excitement as well as uncertainty. As a small business owner you face many risks, but there are steps you can take to protect yourself against them. Obtaining insurance coverage is one big way you can protect your small business and help minimize many of the risks you face. The kinds […]
Read MoreIt can be very difficult for you, as an employer to manage a 401(k) retirement plan for your employees properly. Federal law is replete with mandates, including when employee funds must be remitted and statements made available to employees. One area you may not have considered is how to handle a married employee’s 401(k). Federal […]
Read MoreMany employers ask what they can do to avoid lawsuits. One of the best ways businesses can be more proactive in avoiding legal disputes and their attendant costs is to implement arbitration clauses as part of their employment contracts. Arbitration has traditionally been viewed as less expensive than litigation. While that’s not necessarily true in […]
Read MoreYou’ve worked hard to build your business. You’ve developed products or services and the processes, policies, and strategies which drive them. So what do you do when a key employee tells you he/she will be leaving? How do you protect the business systems you’ve worked so hard to develop? Hopefully, you had your key employee […]
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