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.
Why Your LLC Needs an Operating Agreement
Having an LLC operating agreement can provide your business with many benefits and can help you avoid significant problems.
It’s Time to Say Goodbye: How to Close Your Business
The decision to close your business is not to be taken lightly. Business closures involve complex procedures that require time, energy, and organization.
What Is a Business Grant and How Do I Obtain One?
A business grant is a form of financial assistance given to a company by a government agency or private organization. Grants, unlike loans, do not need to be paid back.
Key Person Insurance: What Is It and Do I Need It?
Key person insurance is a hybrid between business insurance and life insurance. Companies can take out this type of insurance on the lives of certain employees to cover the risk of losing “key” workers.
How to Talk to Your Family About Business Succession
Business succession planning is a strategy for passing on control of your company. For many family-owned businesses, this means transferring management and ownership to the next generation.
Hobby or Business: What Factors Does the IRS Consider?
The Internal Revenue Service (IRS), however, has its own rules for determining whether an activity is a business or a hobby.
Legal Issues You Should Consider Before Selling Your Product Online
Are you considering expanding your physical business or starting a home-based business? Selling your products online is a great way to reach a larger customer base. That being said, before you begin to sell products online, there are several legal issues you should be aware of to ensure your business is right with the law […]
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 workforce model quite attractive for several obvious reasons. For one, having a virtual business work […]
