INSIGHTS
What is the Future of Your Collection
Many entrepreneurs and business owners are collectors. You can see this among your friends, in TV programs about famous collectors, or at estate sales. I know a number of military medal and militaria collectors through a family connection.
Many small business owners neglect to plan for their death or disability’s impact on their company – and many collectors do not think ahead about their collections. If you have been a collector for even a few years, you have heard the sad and bad stories of spouses ripped off by ‘friends’, […]
Six Steps Forward
These ideas are each based on research which shows that they enhance business success. Take a look and see which you are already doing well – and pat yourself on the back for those. Then pick another one or two to practice over the next few months, with a bit of effort you can make each a habit before the year ends. You will thank yourself for it!
Keep Learning
Schedule time to learn on a consistent basis. Learn how your brain works, study newer technologies, pick up ideas from other […]
What You Need to Know on Federal HR Laws
Many entrepreneurs and founders fear legal risks from human resources/labor laws. Common sense goes a long way in mitigating risks. However, you do need to understand the basics. Here is a discussion of the most important federal laws for you to plan for and comply with. Resources to understand these, as well as required posters, are listed at the end.
Laws that Apply with your First Employee
1. Wages and Overtime
The Fair Labor Standards Act (FLSA) is a federal law that establishes minimum wage and overtime requirements among other aspects. This […]