Browse 171 articles tagged with Business.
A notice from the Texas Workforce Commission (TWC) telling you an employee has filed a wage claim requires an immediate response, not because it’s an emergency, but because Texas…
Misclassifying an employee as an independent contractor exposes your Texas business to back wages, unpaid overtime, unpaid payroll taxes (FICA, FUTA, and Texas UI), and TWC penalt…
Texas is an at-will employment state. That means you can terminate an employee for any reason or no reason, as long as the reason isn’t an illegal one. What it doesn’t mean is tha…
Commission pay is common in small businesses, salespeople, project managers, recruiters, service providers, and roles where tying compensation to results makes sense. It’s also on…
Healthcare practices face an employment question that other businesses do not: every time you bring on a contractor who will touch patient information, you have two separate legal…
No Iowa law requires you to have an employee handbook. That’s true and also somewhat beside the point. What a handbook actually does is answer the questions employees will have, s…
A letter from the Iowa Department of Inspections, Appeals, and Licensing (DIAL) telling you an employee has filed a wage claim requires an immediate response, not because it’s an…
Most small business owners don’t think about post-employment protections until after someone has left. A key employee joins a competitor, starts their own competing business, or t…
Finding out an employee has been stealing from you, money, client data, company photos, or billing for services never rendered, is one of the most disorienting things that happens…
If your business uses independent contractors, you’re managing legal risk whether you know it or not. The classification question doesn’t resolve itself because you signed a 1099…
Iowa is an at-will employment state. That means you can terminate an employee for any reason or no reason, as long as the reason isn’t an illegal one. What it doesn’t mean is that…
The decision to hire your first employee is usually exciting and immediately followed by a low-grade panic about what you’re supposed to do next. Federal forms, state registration…
You found someone who can do the work. Now you need to decide how to pay them. Choosing between a 1099 independent contractor and a W2 employee feels like a payroll question, but…
Closing day isn't the finish line. It's the starting line. If you're wondering what to do after you buy a business, the first 30-90 days are critical. You need to transfer ownersh…
There is no standard formula for buying out a business partner. There is whatever your operating agreement says. If it says nothing, there is whatever the two of you can negotiate…
Buying a franchise is different from buying an independent business. You're not just acquiring assets and customers. You're entering a legal relationship with a franchisor that go…
The SBA 7(a) loan program is the most common financing tool for small business acquisitions. The SBA doesn't lend money directly, it guarantees a portion of the loan made by a par…
Seller financing is one of the most common ways to fund a small business acquisition. The seller agrees to receive part (or all) of the purchase price over time instead of getting…
Not every business acquisition is funded by a single bank loan. In practice, most small business deals use a combination of financing sources, and the more creative you are about…
"Buy a business with no money down" is one of the most searched phrases in business acquisition. It's also one of the most misleading. Can you buy a business without putting up ca…
The asking price is where negotiation starts, not where it ends. In most small business acquisitions, the final deal looks meaningfully different from the initial offer, and not j…