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.
Starting your business can be a complex process – especially when it comes to finances. Turning your idea into a reality takes proper financing and management. Here are key things you need to focus on when financing your business.
The new overtime pay rule will take effect on January 1, 2020, so it is critical that as early as now, you figure out how this will impact the budget of your small business and consider which action is best to take. If you are concerned that your business may be impacted by this new overtime rule, consult with us so we can help you ensure that your employees are properly classified as exempt or non-exempt to maintain your compliance with the law when the rule takes effect in January 2020.
Collecting and remitting sales tax can be a big task and quite confusing, especially if you oversee multiple aspects of your business. It is critical that you know well your business sales tax nexus and remit your sales tax on time to avoid large fines, or worse, lose the right to do business. Here are several key points for you to keep in mind.
Destructive consequences can emerge if your business is structured in a way that could lead to deadlock and your partnership or operating agreement lacks provisions for resolving such an impasse. You must have a partnership or LLC operating agreement designed to prevent this situation from arising. Consult with us to discuss this or any other issues related to the formation of your new business.
DIY legal services may appear inexpensive at first glance but a more in-depth look reveals that they could cost your business dearly. Read here to know its several anticipated costs. Consult with us to help you and your business established a solid legal foundation.
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.