Develop a Vacation Policy for Your Business

Desk calendar with the word vacation circled on the 15th

What do workers want most? Beyond a pay raise, one of the best ways to keep workers happy is to give them more paid time off (PTO). Contrary to what business owners and managers might think, vacation time has actually been shown to boost productivity. Vacation is an issue that can turn into a power […]

Legal Considerations in the Hiring Process

2 people wearing business attire shaking hands

You are probably aware of employment laws that could create liabilities if your company fails to comply with them. However, even before a person becomes an employee, certain antidiscrimination laws protect them during the application process. Most employers must comply with employment laws enforced by the U.S. Equal Employment Opportunity Commission (EEOC). Your state, county, […]

How to Protect Your Personal Assets as a Business Owner

protect your personal assets

As a small business owner who puts in long hours to build your enterprise, it can sometimes feel like there is no separation between your personal and professional lives. You are probably willing to make this sacrifice to build a company that reflects your values and vision. But without a comprehensive asset protection strategy, everything […]

What Is the Difference between a Trust and an LLC?

types of business entities

Trusts and limited liability companies (LLCs) are both legal vehicles that can be used to manage and protect assets, minimize taxation, and avoid probate. Whether a trust or an LLC is a better choice may depend on the type of asset, but you do not necessarily have to choose between the two. In fact, an […]

How Do I Obtain a Business Loan?

How Do I Obtain a Business Loan? Small businesses are the backbone of the US economy, accounting for nearly half of the country’s economic activity, creating two-thirds of new jobs, and driving innovation—and business loans are the backbone of small business growth. Lenders provided over $644 billion in small business loans in 2019, according to […]

Mixed Response from Businesses After SCOTUS Ruling on Vaccine Mandates

Mixed Response from Businesses After SCOTUS Ruling on Vaccine Mandates On Thursday, January 13, 2022, the Supreme Court’s ruling blocked President Joe Biden’s vaccine-or-testing mandate for large employers. Meanwhile, the Covid-19 omicron variant caused various business owners to question if this was truly a wise, timely decision after all. _____ “Ed Enoch, partner at the […]

What Is a Promissory Note and When Should I Use One?

What Is a Promissory Note and When Should I Use One? You have probably heard the term promissory note, but do you understand what a promissory note is and when one can and should be used? A promissory note is simply a written promise to repay someone who has loaned you money. More specifically, it […]

Financing a Business: Evaluating Your Options

Financing a Business: Evaluating Your Options Financing is the lifeblood of a business. During good times, business financing can help entrepreneurs purchase assets, expand products and services, add a new location, and hire more staff. During more difficult times, business owners may require financing just to continue their current operations. A business may also be […]

What Is a Business Grant and How Do I Obtain One?

What Is a Business Grant and How Do I Obtain One? A business grant is a form of financial assistance given to a company by a government agency or private organization for a specific purpose. Grants, unlike loans, do not need to be paid back. Despite this benefit, finding a grant that your business qualifies […]