Selling Your Small Business: What You Should Know
Selling Your Small Business: What You Should Know Determining whether to start a business is a major life decision. For small business owners, deciding when and how to sell the business is arguably even more consequential. Before selling a business, the owner is likely to spend many hours and even days worrying and considering the […]
How to Dissolve a Partnership on Good Terms
How to Dissolve a Partnership on Good Terms Many business partnerships eventually come to an end. Like other types of relationships, when business partners decide to split up, the process can be amicable or contentious. For personal and professional reasons, dissolving the partnership on good terms is in the best interest of all partners. […]
Does Your Small Business Need a Social Media Policy?
Does Your Small Business Need a Social Media Policy? According to 2018 data provided by SCORE, the largest provider of volunteer business mentors in the United States, 77% of U.S. small businesses use social media for their sales, marketing, and customer service. If you plan to use social media to promote your business, a social […]
Dealing with Negative Online Reviews of Your Business
Dealing with Negative Online Reviews of Your Business You’ve worked hard to build your small business. Nothing is more frustrating than negative online reviews, particularly if you feel they are unjustified or have been posted in bad faith. There are several steps that you can take to prevent your business’s reputation from being damaged by […]
Strategies for Protecting Your Business’s Intellectual Property
Strategies for Protecting Your Business’s Intellectual Property Before launching a business, entrepreneurs spend a substantial amount of time and money researching and developing their products or services. You may have worked with graphic designers and a marketing team to create a brand name and logo for your products or services. As the business grows and […]
Can (and Should) My Business Mandate the COVID-19 Vaccine for Employees?
Can (and Should) My Business Mandate the COVID-19 Vaccine for Employees? Just a year ago, businesses across the United States shuttered temporarily in response to the novel coronavirus. Some of these businesses could not weather the virus storm and closed for good. Now that COVID-19 vaccines are available, many businesses are wrestling with deciding when […]
Staying on Track: What Every Employer Should Know About Tracking a Remote Employee’s Time
Staying on Track: What Every Employer Should Know About Tracking a Remote Employee’s Time The COVID-19 pandemic has ushered in a wave of new teleworkers. This shift in the way employers conduct business brings new challenges as they seek to comply with the Fair Labor Standards Act (FLSA) requirement of paying employees for all […]
What You Need to Know about Hiring Virtual Workers for Your Small Business
What You Need to Know about Hiring Virtual Workers for Your Small Business As a small business owner, you may be considering using virtual workers to expand your workforce. A virtual worker is an employee who uses technology to complete their duties outside of the traditional workplace setting. Many businesses today find this […]
Retirement Updates Amid COVID-19
Retirement Updates Amid COVID-19 On May 4, 2020, the Internal Revenue Service (IRS) published questions and answers regarding retirement provisions in Section 2202 of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. In addition to providing aid for individuals and businesses, the CARES Act increases accessibility to funds and loans from certain retirement […]
Does an Employee Handbook Create a Contractual Obligation?
Does an Employee Handbook Create a Contractual Obligation? Every business with at least one employee should have an employee handbook, sometimes also called an employee manual or code of conduct, setting out the company’s policies and rules and the laws applicable to the employment relationship. It establishes the expectations in the relationship and enables […]