Building your own business takes a lot of courage and considerations because it requires great effort to acquire some level of recognition an already established business may have. Yet if you feel that purchasing a business that is already in existence is the best option instead of starting one from the ground up, then you must critically consider the following before purchasing one.
The staggering events of 2020 have greatly affected each person’s overall mental and emotional health. Faced with sudden changes such as sickness, loss, or unemployment it is difficult to stay positive. No pun intended. However, this may be an opportunity to invest in your most important asset—yourself. It is a time of unearthing your skills and talents that may have been stored away all this time. As each person is unique you surely have something to offer that nobody else could. You could be t
The coronavirus outbreak has most business owners on their toes. The constant emphasis on the slightest human interaction through skeletal arrangements results in taking in more tasks on your already full plate. From implementing safety measures to protect your employees, formulating strategies to mitigate the outbreak’s impact, to finding ways to generate more revenue — you feel the need to do it all. Here is some advice on how to navigate the volatile business environment in the new normal.
Keeping tabs on the latest developments in public health is vital in reopening your business especially during these dire times. Non-compliance and possible lawsuits are no-no in an already risky business environment. The EEOC's issuance of guidance on antibody tests is one of those developments you should take note of.
COVID 19 has complicated most things that have to do with business, and that includes the rules about granting sick leave to employees. While there are similarities between FFCRA and FMLA, there are certain conditions accepted only under FFCRA. Knowing these conditions can help you create healthcare policies that would best benefit your employees without compromising your "new normal" business operations.
The California Senate passed AB5 that addresses the “employment status” of workers when the hiring entity claims the worker is an independent contractor and not an employee. If you are an independent contractor in California, there are some steps you can take immediately to bolster your position as an independent contractor. Read here to learn more and understand its applicability to you, as either an independent contractor or a business owner who hires independent contractors.
As a business owner, one of your top priorities is to maneuver your business away from creditors' claims, litigation, and other factors that can put your business at risk. The protection and preservation of the wealth you create as an entrepreneur doesn't just happen on its own. It involves strategic planning and intentional execution - which a lot of entrepreneurs fail to focus and execute. To help you protect your wealth & assets, here are a few strategies you can use and include in your plan.
As the pandemic continues to impact businesses around the world and as public authorities continue to respond to the ever-evolving challenges of this pandemic, the legal risks surrounding the decisions you make increase - your usual business practices will likely be disrupted and recordkeeping may not always be in front of mind. Recordkeeping responsibilities remain as important as ever so be prepared and don't forget to comply with authorities to avoid potential legal risks.
Owning copyright contents is one factor that contributes success to your business and registering your work with the U.S. Copyright Office makes it easier for you to be successful in a lawsuit against an infringer.
There are many factors to consider when deciding whether to change the structure of your small business especially if it is growing and expanding. By this, for any type of change, it is important to make sure that you complete all the notifications and registrations required by the state law. If you need help in implementing the business structure that is the most advantageous for your individual circumstances, consult with us so we can guide you step by step with the process.