For most small businesses, December 31st is the end of the business year and January is time to get all the information to your accountant.A number of small business owners have a hard time tracking their money and miss all kinds of important tax deadlines. If you have any downtime before the end of the […]
Time to Take Stock
In some industries, this time of year can be a difficult time to set meetings or get a lot done. With holidays, vacations, year end deadlines, unpredictable weather and a host of other factors, many people are so frazzled they don’t have time to take stock and realize that next year is only a few […]
AFFORDABLE HEALTHCARE ACT
This week I gave a lecture on what a small business needs to do to comply with the new Affordable Healthcare Act. If your business has under 50 employees, the surprising answer is….not much! A business with less than 50 employees is not required to provide health care coverage.If the employer is covered by Fair […]
Time to Incorporate?
Many businesses start out on the fly. You start making a product, your family and friends love it, you decide to start selling it and boom! you have a business before you even know it. In an effort to save on some start up costs, you might delay incorporating or even getting insurance for your […]
Update: Obamacare and Small Business Owner event
Our event, Obamacare and the Small Business Owner: What You Must Know Now, will now take place on Thursday, November 21st at 10:00am at the Transfer Station East in Manayunk. The Transfer Station East is located in the old Restoration Hardware space at 4120 Main Street. There is ample parking onsite and nearby. This event […]
Review that Lease – Lest You Get Burned
One area where many small business owners skimp on legal advice is with their commercial lease. If you’re not careful and do not have a lawyer review your lease, you could be in for years of problems. Most commercial leases are for a long term, typically three, five, ten years or more. One area to […]
Blurred Lines? Clarity is Key in Business
Despite the popularity of a certain song, blurred lines are not always a good thing, particularly in business. In the management of a business, clarity is key. What sort of things need clarification? The basics: who, what, when, where and why. Who: who is involved in your business? What is his/her role? When entering into […]
Presentation: Obamacare and the Small Business: What You Must Know Now
Join Philly Small Business Lawyer Sarah E. Holmes on Tuesday November 12, 2013 from 10:00-11:30 am for a discussion of what every small business owner must know about the new Affordable Care Act. Many people mistakenly believe that “Obamacare” has been repealed. This is not true, but there is so much confusion about the current […]
OBAMACARE AND THE SMALL BUSINESS
“Obamacare,” or the Affordable Care Act as it’s really called, has a myriad of confusing provisions and if you are a small business owner, you may be confused as to your obligations and deadlines. The requirements vary depending on how many employees a business has. We found a great resource at the SBA website for […]
Sometimes It’s Not Better to Remain Silent
While many people in America could probably not recite most of the rights enumerated in the first ten amendments to the Constitution, most people do know that in the event of an arrest, they have the right to remain silent. While this is generally good advice in a criminal matter, a civil dispute may turn […]