6 Key Considerations for Passing Down a Family Business
You have spent years building your small business, but have you taken time to consider what will happen to it when you retire, become disabled, or pass away? Although it is often hard to fathom an event that may not occur for many years, it is important to put plans in place in advance.
When Should I Think About Selling My Business?
Selling a business requires many of the same steps that it takes to build a business. You need to plan, execute a strategy, and in some cases, benefit from good timing.
Legal Considerations When Hiring an Intern
Interns can receive hands-on training in their field of interest while assisting your company in reaching its goals. However, it is important to keep in mind the various legal considerations and requirements associated with this specific type of hire.
Business Trusts 101: What Entrepreneurs Should Know about Using a Business Trust
Business trusts offer several potential benefits—and drawbacks—compared to a traditional business structure. Understanding the pros and cons can help you to decide whether a trust makes sense for your business.
Sales Tax: What You Need to Know
Different taxing authorities have their own regulations, tax rates, exemptions, and deadlines, which can be quite confusing, especially for entrepreneurs who have just started a new business.
What You Need to Know about Family and Medical Leave
An increasing number of states have also enacted or considered passing laws requiring businesses to offer family and medical leave.
Dealing With Negative Online Reviews of Your Business
There are several steps that you can take to prevent your business’s reputation from being damaged by unfavorable reviews.
Considerations for Hiring Your Child as an Employee
Hiring your child to work in the family business can be a win-win situation for both you and your child.
Most Common Tax Deductions for Small Businesses
There are many expenses incurred in starting, running, and growing a business. Luckily for business owners, many of these expenses can be deducted.
What You Need to Know About Severance Packages
A severance package provides pay and sometimes benefits to a departing employee. There are a few reasons why you may want to consider offering severance package.