Insights, Ideas, Results
It is a known fact that some people who break the law, whether intentionally or not, from time to time, while they are doing their job. Some are also noted to be using company resources (such as a vehicle supplied by the company) during the act. In such instances, who is to blame – the offender or the company/employer for who the person is working for? Who is held legally responsible if an employee commits a crime or act, outside of his working premises? Let’s take a look at the facts.
The entire world is awaiting the United States presidential election that is set to happen in just a few weeks. Supporters of both Hillary Clinton, the Democratic candidate, and Donald Trump, the Republican choice have been firm in their backing of their respective choices. There have been two national debates that have brought about what each candidate thinks of certain issues that affect their country and the rest of the world. One of the main topics is the immigration policy, in which both candidates have contrasting views.
Running a business always has its risks. What matters is being aware of these risks right from the start and finding ways to avoid them moving forward.
One of the most common issues that business organizations often encounter is in the financial arena. When funds are not properly managed and the expenses become greater than the cash coming in, there’s bound to be a problem. And if this is not resolved sooner, a company can go into debt or worse, become a subject of foreclosure.
The question of hiring applicants with a criminal record is at times a tricky one for employers, especially for small business owners who are not guided by human resources policies that bigger corporations follow. Hiring ex-cons present conflicting approaches. On one hand, there is an implicit bias against them in general. Then again, our charitable nature prods us to give them a second chance at redeeming themselves. Further, federal and state laws protect job applicants with criminal records from discrimination by employers.
Small businesses contribute greatly to a country’s economy. In the U.S., for instance, data from the U.S. Census Bureau showed that the number of small businesses has risen by 49 percent since 1982. Today, many individuals and groups continue to set up businesses targeting the local and international market.
Starting a business of any type requires the proper legal documents and insurance to ensure that everything is legitimate and your business is protected from various risks.
Being knowledgeable about the different types of insurance is a must. Here are 10 of them you need to consider regardless of the size of your business.
A serious accident in the workplace can affect small business owners in a big way. As an employer you have a legal responsibility to prevent people being harmed or becoming ill the workplace. Serious injuries or accidents in the work place can not only cause disruption to the business and lead to extra expense, it can also damage your reputation. An ounce of prevention is worth a pound of cure. So it is in your best interest to take steps to prevent these accidents from happening in your workplace. Here are 5 tips to do just that.
In today’s business climate successful businesses have to take advantage of every way they can to lower expenses. Commercial insurance is one of the largest fixed costs most businesses incur. In most states workers’ compensation and general liability are required by law for most businesses. Many business owners look at these policies as a tax. That they are not going to change much from year to year and there is not much they can do to lower what they pay. This is far from the truth. There are many ways businesses can lower what they pay in premium for commercial insurance. Here are five easy steps that any business can take to lower what they pay for commercial insurance.
Swiss cheese is known for being holy. Not in the religious sense, but in the sense that there are a lot of holes in the food. As a result, many plans, campaigns, or entities who have weaknesses in their egress are often compared to Swiss cheese. One comparison that is extremely apt in modernity is the juggernaut of bureaucracy that impedes first-world business today. From taxes to zoning, employee benefits, lawsuits, and more, it becomes very difficult to run a big-ticket business successfully. What’s even worse is that even those who should be in the business of helping you obtain autonomy will stab you in the back. Business in today’s world has a cutthroat aspect difficult to deny. One of the ways lucrative throats are slit, letting their investment capital bleed out, is through avoided invoices.
When many people think about trademarks, they think of those belonging to large businesses. Trademarks like Nike, McDonald’s, Coca-Cola, and Mercedes-Benz are owned by corporations that spend tens of millions just on their brands. But all businesses can and should take proactive steps to protect their brands and avoid the more expensive, nearly inevitable, alternative.
In the rush to get orders completed, client projects started, and inventory put away, some small businesses end up neglecting record keeping processes. Though it feels easier to fudge a few things now, meticulous records matter in many aspects of running your business, from keeping track of employees to filing your business taxes. They can not only help you find important documents down the road, but also save you from legal troubles down the road. Here are four reasons a small business should keep meticulous records.
