The past few years have seen an increase in small to middle-sized business sales. The economic forecast suggests that this trend will continue. If you are considering a business sale, it’s vital to understand the selling process and prepare your business for the contemplated sale well before you try to put your business on the [...]
It’s getting to be that time of year again….kids are back in school, days are cooler and shorter and colds, flus and viruses rear their ugly heads. Along with feeling terrible, come doctor’s visits, medications, missed work days and sometimes hospitalization making paid sick leave is essential. The Centers for Disease Control and Prevention reports [...]
In June 2016, the Equal Employment Opportunity Commission (EEOC) released the enforcement guidance regarding pregnancy discrimination in the workplace. The new rules cover current, past, and even potential or intended pregnancies. More than 4 million American women become pregnant each year, according to the Centers for Disease Control and Prevention (CDC). It’s vital to review [...]
Everyday companies form and business partners come together with the best of intentions and hopes. Often things begin smoothly but trouble rears its ugly head down the road. If you have formed a company and have a business partner, it’s devastating to find your trusted partner stealing from you. If you find yourself in this [...]
The global business market has seen an increase in M&A deals in recent years. According to the Mergers and Acquisitions Condition Index, in July 2016 middle market business sale and business acquisition deals increased for the second consecutive month. Another noted trend is a decrease in deal closures - often the result of lack [...]
We’ve all been there. Whether you’re a business owner or a manager of a business, firing an employee can be tough. Follow the following six tips to make it easier for everyone to break-up the relationship and reduce the risk of wrongful termination or unfair treatment claims. Tip 1: Before firing an employee Give them [...]
Today’s job market is less than ideal. While the pool of job candidates is large, companies struggle to find manpower to fit their budgets. The solution for many companies is internship programs. Internships are becoming a standard graduation requirement at many colleges and universities with benefits to both employer and student. According to Brian Burnsed, [...]
Chicago requires wage increase starting annually. On December 2nd, 2014, the city of Chicago passed an ordinance to raise the minimum wage to $13 per hour. Under this ordinance, the minimum wage will be increased annually to the $13 limit by July 1, 2019. The incremental raises are scheduled for July 1 of each [...]
The US Department of Labor (DOL) announced new overtime regulations under the Fair Labor Standards Act (FLSA). Many workers who before were exempt from such overtime regulations will now become eligible to have their overtime pay. Under the new regulations, any worker making $47,476 or less must be paid overtime for hours worked in excess [...]
Unfortunately hackers take advantage of the multitude of bargain-seeking online shoppers to upload malware and viruses to unsuspecting shoppers. Here are a few tips to keep in mind to maximize your security while shopping online this holiday season. Avoid clicking emailed or pop-up advertisements, its safer to go straight to the company's website and [...]
