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How to Spot Employee Theft and What You Can Do About It

Insperity

Actions can vary from updating your employee handbook to employee termination and legal intervention. One of the biggest mistakes small business owners make is putting one person in charge of the finances. The person paying the bills should never reconcile the bank statement. Many times theft can occur out of opportunity.

Supplies 189
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Business owner beware: FLSA compliance and personal liability

Insperity

The nuances between what legally constitutes a person and an employer aren’t always clear-cut when it comes to FLSA compliance. Because the burden of proof for FLSA compliance lies with the employer, not the employee, it’s vital for businesses to maintain accurate records related to hours worked and wages paid. Staying compliant.

Legal 187
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Can employee ownership improve capitalism?

Work Life

The solid business performance, benefits for workers, and broad appeal should lead more businesses to adopt employee-share ownership structures, but unfortunately the odds are often stacked against employee ownership. Over half of small business owners are near or at retirement age.

Finance 98
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Workplace and property firms must wake up to the new era of networked businesses

Workplace Insight

In terms of the office workplace, banks were permitted to become JSCs in the 1830s; the first being the London and Westminster Bank, in 1834. So, companies existed to share risk and reward and to legally protect shareholders.

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A Freelancer’s Guide to Business Insurance: What You Need to Know

Success

The case eventually ended up being thrown out,” Gobel says, “but not before I ended up with a $1,500 legal fee.” Client contracts sometimes even require you to have freelance business insurance. General liability insurance for freelancers This is the most common insurance that small business owners purchase.

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How to Choose an Employer-Sponsored Retirement Plan

Insperity

There are several types of retirement plans that your small business could potentially offer; each functions differently and carries different benefits. 401(k) is the most well-known retirement plan available to any business. You will be relying heavily on your provider to file legal documents and administer funds.

Planning 100
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Going solo: 3 quick ways to jumpstart your own legal practice

Ruby

You’ll also need to buy computers, printers, phones, a scanner, dictation recorders, legal software, and client relationship management software. Finding funding Small business loans are an option but require putting up collateral. Each business type comes with its own pros and cons. We’ve got you covered!

Legal 52