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Business owner beware: FLSA compliance and personal liability

Insperity

And if you think insurance can shield you from such expenses, think again. In reality, employment practices liability insurance (EPLI), which may protect a business against claims made by employees in some areas, may not cover wage and hour issues. Staying compliant.

Legal 187
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The Office Move Checklist

The Office Management Group

Inventory and Equipment: · Create an inventory of all office furniture, equipment, and supplies or an asset list if you don’t already have one · Determine which items will be moved to the new office and identify any items for disposal or donation · Coordinate the packing and labelling of items for easy identification during the move 4.

Equipment 130
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Tips and Resources to Scale Your Small Business

Success

“Every business has different startup costs, but they all have one thing in common: having a financial cushion,” says Bob Marshall, the business growth and strategy executive for the Small Business Development Group at Wells Fargo Bank. You need to know what your costs will be and whether your business is scalable.”

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Why more middle class Americans are defining themselves as working class

Work Life

Meanwhile, 53% of Gen Z says the high cost of living is a barrier to financial success, according to a Bank of America survey.Inflation is partly to blame. Prices continue rising due to  labor shortages, ongoing supply chain disruptions, droughts and the avian flu. Car insurance is up 20.6% Grocery store food prices were 1.2%

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Is College Still Worth It?

Success

CareerWise, a modern youth apprenticeship company that connects students and employers, draws inspiration from Switzerland’s model of placing 70% of high school students in one of 230 vocational fields, from catering and agriculture to banking and insurance. It’s a clear win-win. I got a call from a guy,” Macholz recalls.

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Making Taxes Less Taxing

Success

It’s so much easier than dumping receipts and bank and credit card statements in a box and manually going through each piece of paper every quarter. These programs also allow you to connect your business bank accounts and credit card. All three offer a free 30-day trial, and Wave offers a standard free option with limited features.

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How to Survive a Recession, According to a 91-Year-Old Business

Success

Millions of Americans were unemployed, a spate of bank runs swept the country, drought and dust storms ravaged the state—and yet none of that dissuaded one couple from opening a drugstore in a small South Dakota town in December 1931.