If you’re doing business in New Jersey, you’ve got to keep up with changes in the Garden State’s employment and labor laws. Many legal changes that get passed during a legislative season go into effect on the first of every year – and 2022 is no different.Is your New Jersey business ready to comply with […]
Philadelphia and Pennsylvania Employment Law Updates 2022
It’s critical to keep your business up to date with changing state and federal laws every year. Many laws that get passed in a legislative cycle go into effect on January 1st of the following year – and 2022 brings new laws for both Philadelphia and Pennsylvania businesses. Is your business prepared for the new […]
The Best Strategies for Preparing Your Business for Sale (With Checklist)
The time has come – you’re ready to sell the business you’ve built over the course of years or decades. Every business owner has their own reasons for selling. You may be ready to retire or move to another city. You may simply be looking for a new challenge or venture. Your sales may be […]
Valuing a Business: How to Know if a Business Is Worth Buying
Buying a business is an exciting time for any entrepreneur.By purchasing an existing business, you can avoid many of the risks that come with starting a venture fresh from the ground up. The company you plan to acquire may already enjoy brand recognition, a solid customer base, or profitability. You can infuse a growing business […]
6 Key Factors to Consider When Forming a Successful Business Partnership
A proper partnership agreement makes your new venture real. But the success of your business partnership depends on several intangible key factors that you must consider from the outset. Sure, your partnership may look great on paper. But how well do you and your partners actually work together? Do your values align? Can you […]
8 Most Important Clauses to Include in a Partnership Agreement
Starting a partnership? Welcome to the beginning of an exciting new venture! You and your partners have ideas, dreams, and funding – and you’re ready to hit the ground running. The first steps you take to establish your partnership and create a partnership agreement are absolutely critical in helping you reach your vision. Whenever you […]
What Biden’s Non-Compete Executive Order Means for Businesses
Just this month, President Joe Biden signed a major executive order limiting the use of non-compete agreements. Executive Order 14036, “Promoting Competition in the American Economy,” encourages the FTC to crack down on the “unfair use” of such agreements. The executive order helps workers. But what about businesses that rely on non-competes to keep employees […]
Which Laws Apply to Remote Employees and Out of State Workers?
Since the COVID-19 pandemic, remote work has become an undeniable reality for much of the U.S. For over a year, millions of offices stood empty. Zoom and videoconferencing replaced in-person meetings. Even interviews became remote. The world of remote employment is the new frontier for many companies who previously maintained in-person workplaces – with pros […]
Top 5 Things Every Business Owner Should Know When Hiring Employees
For many medium-to-small-sized companies, managing the myriad of federal and state compliance regulations is a top challenge. With limited resources, keeping up with the many changes that continue to impact the current business landscape is a daunting task. Here are five things that every business owner needs to understand when hiring employees. 1.Federal and State […]
Can Employers Require Employees to Get the COVID-19 Vaccine?
Plus: Employee Vaccination Policy Template for EmployersBusinesses and offices are opening up now that vaccinations have become widely available across the United States. Still, the U.S. population is yet to reach herd immunity – and the risk of contracting or spreading COVID-19 remains. If you’re an employer, you want to make sure that your employees, […]