Small business owners are frequently overwhelmed when it comes to legal situations surrounding their business. These are some common legal mistakes that small business owners make in the early or evolving stages of their business which can often cost them more money in the long term. Mistake Number 1: Not Choosing the Right Legal Structure Read more about Three Common Legal Mistakes Small Business Owners Make
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How Can Businesses Handle Minimum Wage Requirements in the Fair Labor Standards Act?
As most small businesses know, the Department of labor made good on its plans to increase the wage threshold portion of the Overtime Test that concerns White Collared Salaried employees. The current standard places the wage at $455 a week ($23,660 a year), which changes to $913 a week ($47,476 a year) on December Read more about How Can Businesses Handle Minimum Wage Requirements in the Fair Labor Standards Act?
7 Essential Questions to Think About Before Forming Your Business
Your business is important to you. As such, it is equally important for your legal advisor to fully grasp your needs and goals so that the advice given helps you achieve them. If you are considering starting your own business, take a few minutes to think about the topics below. These are not in Read more about 7 Essential Questions to Think About Before Forming Your Business