Blog

Blog2018-08-31T14:26:37+00:00

BLOG

2701, 2020

Legally Terminating Employees

By |January 27th, 2020|

Most small business owners will occasionally have to face the unpleasant task of firing an employee. Small businesses, in particular, rely heavily on each employee. An underperforming employee may not only lower the morale of other employees who have to pick up the slack, but may also jeopardize the success of the business.  When an employee must be terminated, it is important to ensure that it is done legally. At-Will Employees Many businesses hire employees on an at-will basis, that is, the employment contract specifically states that the employee [...]

501, 2020

Does Your Small Business Need a Social Media Policy?

By |January 5th, 2020|

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 media policy is essential to protect your business’s reputation and avoid litigation by preventing the dissemination of inaccurate, unflattering, or illegal information. Here are a few tips for creating a social media policy for your business: Let employees know that the guidelines are [...]

2712, 2019

Steps to Protect Your Business from Non-Paying Customers

By |December 27th, 2019|

Unfortunately, most businesses must deal with non-paying customers at least occasionally. You can safeguard the time and money you have invested in your business by taking several steps, both to lessen the likelihood of nonpayment and to obtain the amount owed once a customer has failed to make a timely payment. Be Proactive Screen potential customers in advance. Particularly if a transaction will require the customer to make a large payment, it is worthwhile to do a little checking before entering into a contract with them. A simple internet [...]

2711, 2019

8 Important Provisions Businesses Should Include in Commercial Leases

By |November 27th, 2019|

Are you considering leasing office or retail space for your business? The terms of your lease can have a huge impact on whether your business succeeds or fails. There are several important provisions that should be considered before you sign on the dotted line. Leases of a certain duration (usually one to three years, depending upon the state) are generally required to be in writing and signed by the party against which they are being enforced. In reality, it is advisable for all commercial leases to be in writing, [...]

1809, 2019

Business Insurance: Protecting Your Business from Unexpected Losses

By |September 18th, 2019|

As a small business owner, you have invested large amounts of time and money to make your business a success. Business insurance protects this investment in the event of unexpected damage to property or lawsuits, which could otherwise be devastating to your business. There are many types of insurance available depending upon the nature of your business. Worker’s compensation insurance is required by state law for most employers. It covers the medical expenses and part of the wages of employees who suffer a work-related injury. There could be fines [...]

708, 2019

What Counts as “Hours Worked” Under the Fair Labor Standards Act?

By |August 7th, 2019|

If your small business has non-exempt employees covered by the Fair Labor Standards Act (FLSA), you are required to pay those employees in accordance with its minimum wage and overtime requirements for all “hours worked.” This may seem like a simple requirement, but figuring out what is considered “hours worked” may be more complicated than it seems at first glance. There are several activities that the U.S. Department of Labor has determined should be considered as work (and therefore compensable as hours worked) that may surprise you. Waiting Time [...]