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May 2017 Archives

Millennial entrepreneurs: legal resources available, essential

A recent report highlights the entrepreneurial spirit is alive and well in the younger generation. In fact, the study conducted by America's SBDC indicates that millennials are poised to be the most entrepreneurial generation yet, as they have a greater desire to start businesses than any other generation.

Should you offer an employee a severance package?

At one time, your business might have prospered. However, changes in the economy, lack of demand for your products or services and other issues could jeopardize the future of your business. Due to these factors, the financial circumstances of your business might have changed. As you review your operations, you might need to find ways to cut your costs.

Employers: What you need to know about day of rest provisions

Managing employees is no easy task. One difficult responsibility that employers have is to coordinate employee schedules without violating state or federal wage and hours laws. This can be incredibly challenging, particularly if you are an employer who is not familiar with the various laws in place.

Fashion companies setting trends for mergers, acquisitions

Making the decision to merge with or acquire another company is not something that business owners do lightly or on a whim. These transactions have the potential for great success or failure, so it is crucial that they be made after thorough research and consideration of what is in a company's best interests.

Is your employee handbook up to snuff?

Creating an employee handbook or manual can go a long way in directing your employees with regard to workplace expectations, approved practices and problem-solving measures. These handbooks can also protect employers from various lawsuits filed by employees.

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