According to the U.S. Small Business Administration (SBA), entrepreneurs must deal with employment laws covering everything from preventing discrimination to posting the correct workplace posters.
As a small business owner, it's important to pay your employees at or above the legal minimum wage. As you probably know, the minimum wage is the lowest hourly rate that you as an employer can pay your employees.
It has been five years since the Patient Protection and Affordable Care Act (the ACA) was signed into law. Here are 5 things you should know about some of the key ACA requirements for businesses in 2015:
Small business owners may worry about being robbed while they're leaving their business to make a bank deposit. They will often take special measures to ensure their safety and protect the money generated through their sales.
Even if you have an amazing and brilliant business idea, and even if you have solid financial backing, a small legal mistake can sink your entrepreneurial ambitions and dreams quickly and permanently.
Workplace harassment is far more than annoying; it can be illegal and costly. An environment with aggressive behavior, repeated humiliation, or offensive remarks will result in low employee morale, decreased productivity, and high employee turnover.
Over the last couple of years the Department of Labor has become fairly aggressive in its enforcement of wage and hours laws. It has been targeting industries suspected of being the most egregious offenders and it is going at enforcement in such a public way as to create a "ripple effect."
When a small business starts out, multiple individuals will sometimes partner together or the original founder will bring in a third party to help establish the brand while it's in its infancy.
It goes without saying that the ACA (aka Obamacare) has taken a lot of heat. Politics aside, here's four ways Obamacare is actually helping small businesses.
Being a business owner requires making many important decisions. Making the wrong choice in certain cases could land your company in legal hot water. Below are six of the worst legal mistakes any business can make.