Small Business
5 Legal Tips for Your Small Business This Summer
Summer is a time for vacations, relaxation, and enjoying the warm weather. But for small business owners, it's also a crucial period to strategize and position yourself for continued growth. Here are five key actions you can take this summer to ensure your business thrives. 1. Go Mobile A…
FTC Enacts Sweeping Ban on Noncompete Clauses
The Federal Trade Commission (FTC) recently voted 3-2 to approve a final rule that bans the widespread use of noncompete clauses in employment contracts across the United States. Noncompetes, also called restrictive covenants, have become popular in employment contracts in a variety of industries…
SPAC to the Future
There’s a new(ish) kind of investment vehicle driving up and down Wall Street. They’re sleek, modern, and designed to cruise right past the bothersome rules and requirements that normally apply to companies that want to go public. They’re called Special Purpose Acquisition Companies, but their friends call them SPACs. …
At Work, Valentine's Day Romance Can Be Risky
Love is in the air with Valentine's Day around the corner, and there's no way to stop it. Even if your workplace rules forbid interoffice romance, you can bet that it still happens. While you may have nothing against Cupid or the holiday of love, that doesn't mean it's always good for business. At best, an interoffice romance can make things a little awkward for a few weeks while the couple navigates their new relationship. At worst, it can lead to a lawsuit against your company.
New Federal Reporting Requirements for Small Business Owners
Big changes are ahead for small businesses in 2024. Under the Corporate Transparency Act, many businesses must now file a beneficial ownership information report (BOIR) with the Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN). What Is the BOIR? The latest in small business news is the newly…
How New Independent Contractor Rules Affect Gig Workers
There has always been controversy over classifying independent contractors. Independent contractors provide an economic advantage to companies because companies do not have to provide benefits, pay minimum wage, or pay for overtime hours. The use of independent contractors is prevalent, especially for workers in the gig economy. The trucking…