There are dozens of state and federal statutes that establish specific legal obligations for employers. They need to adhere to federal safety standards and carry workers’ compensation insurance that complies with state guidelines. One of their most basic obligations...
Operating a successful business requires constant adjustments to how it operates. During times when an economic downturn seems likely, appropriate changes to company operations can help the business whether the upcoming financial storm. Accounts receivable or unpaid...
Your business wouldn’t run without the support from your customers, employees, investors, vendors and outside advisors. As the economy gets rough, many of your valued relationships may be struggling. This may be the perfect time to reach out and see if you can lend a...
As you’ve established your business over the years, you’ve made several useful contacts. You’ve been dealing with the same vendor for some time now and think it’s time to negotiate a new deal. Business negotiations are rarely easy, and both sides may not have the...
Companies sometimes cease operations to do some restructuring. This can occur for various reasons, particularly if partners go their separate ways instead of continuing the partnership or when one larger company splits into smaller companies. Both situations are...
Talking about a business partnership with someone is an awful lot like proposing marriage. You will essentially suggest that the two of you work cooperatively for years to come. There needs to be a foundation of trust for such a relationship to work, and both of you...
Your business has gained ground in recent years and this is a trend that you want to continue. A large part of your success comes down to your ability to manage your finances but still remain competitive. You are looking to tap into a larger share of the market space...
The United States is very likely heading into a recession or is in one already. This is going to have a drastic impact on businesses all over the country, just as it did back in 2008. You may be trying to think of ways to weather this recession and keep your business...
Capitalist businesses frequently put profits ahead of everything else, including the law, the well-being of their employees, and the safety of the general public. Whether you have just started a new job and realized that something is fishy or you have recently learned...
It’s no secret that the economy is undergoing a massive correction. Inflation is high, interest rates have gone up and many businesses are struggling to stay afloat. As fears of an even bigger recession loom large, is it time to diversify your existing client base?...
