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.
Businesses are now reopening despite the uncertainty brought by the COVID-19 pandemic. As a business owner, one of the most important factors to include in your reopening strategy will be the customer and employee confidence. You're now in a critical role in managing new and unprecedented concerns - finding ways to allow your business to function without compromising the health of your employees and customers. These important objectives can help you navigate your business in the new normal.
As an employer, it is critical that you understand and comply with state and federal laws pertaining to hiring applicants to avoid legal consequences. Ban the box precludes you from including questions about criminal history on the initial employment application to prevent applicants from being automatically eliminated from consideration in the screening process. Read here to know what and what's not required for this law.
Taking a break from your business will not only help your business and employees, it will also help you mentally, physically, and/or spiritually. While it can be hard to leave your business that requires your daily attention, taking a break will benefit it in many ways. A retreat will help your employees gain great learning opportunities and helping you discover business ideas as well as connect with other entrepreneurs.
You might think your corporation and limited liability company (LLC) will protect your personal assets, that may not be the case if you aren’t careful in the way you’re running your business or handling finances. There are several circumstances that can lead you to be personally liable for corporate or LLC debt. Here are some things to consider if are thinking of incorporating or already own a corporation or LLC.
One of the commonly made mistake for most new business owners is not having a solid legal foundation. To make sure your startup is protected, you must have a set of key legal agreements in place. These agreements will help you and your company stay strong through unforeseen situations and circumstances. Read what those 4 core legal documents are.
With the changes in the tax laws, it is very important that you are taking full advantage or are aware of the ways these changes can impact your business. Here are the major changes in the tax laws that can affect your business, be sure you understand them and are using them to help your business. You also want to be aware of the changes so your business is not being negatively impacted.