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Recession Considerations for Business Owners
Krystine Monnett Krystine Monnett

Recession Considerations for Business Owners

Read on to explore key considerations that business owners should keep in mind during a recession and some practical tips on how to navigate this challenging economic environment.

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Employee Retention Tax Credits: What Business Owners Need to Know
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Employee Retention Tax Credits: What Business Owners Need to Know

Although the ERC only applies to wages paid before January 1, 2022, qualified business owners who have not yet received their tax credits can still claim them. Keep reading to learn the basics of the ERC and find out what business owners need to know in order to take advantage of this valuable resource.

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Is This The End of the Industrial-Age-Based Employment Model?
Employment, Human Resources admin Employment, Human Resources admin

Is This The End of the Industrial-Age-Based Employment Model?

No matter your opinion about Proposition 22, the passage of the initiative was a huge win for “gig economy” entrepreneurs. It may also signal a shift in the way we think about employment, a change that has been years in the making. With the rise of the gig economy, both workers and businesses are relying on the industrial-age-based employment model less and less.

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Considerations When Buying a Business in 2021
Guest User Guest User

Considerations When Buying a Business in 2021

With interest rates at an all-time low and the pandemic presenting investment opportunities that did not exist before masks became part of our daily wardrobes, you may be thinking about buying a business. But like all things, be careful before diving in headfirst.

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How To Negotiate a Commercial Lease During COVID-19
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How To Negotiate a Commercial Lease During COVID-19

While small businesses are fighting to survive, some landlords are also struggling. Empty spaces and tenants requesting lease abatements while maintaining mortgage, tax, maintenance, and salary obligations is proving tough for some landlords. This has created a tenant opportunity in some spaces for lower rates and better terms as landlords come to understand the pandemic commercial real estate market.

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Watch Mike and Chisa's Facebook Live Event Discussion on Emergency Paid Sick Leave & Emergency Family Medical Leave
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Watch Mike and Chisa's Facebook Live Event Discussion on Emergency Paid Sick Leave & Emergency Family Medical Leave

Business attorney Mike Anthony and employment attorney Chisa Chervenick went live on Facebook on Friday, April 17, to discuss emergency paid sick leave and family medical leave as it is affected by and relates to the COVID-19 epidemic.

The following topics, and more, are covered:

  • Emergency Family Medical Leave (“EFMLE”) including eligibility, reason for leave, pay duration, and cap per workday and aggregate for each employee

  • Emergency Paid Sick Leave (“EPSL”) for both “Me” and for “Other” including approved reasons for leave, pay during leave, and pay caps.

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Watch Mike and Chisa's Facebook Live Event Discussion on the CARES Act and the Paycheck Protection Program (PPP)
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Watch Mike and Chisa's Facebook Live Event Discussion on the CARES Act and the Paycheck Protection Program (PPP)

Firm owner Mike Anthony and employment attorney Chisa Chervenick went live on Facebook on Wednesday, April 1, to discuss the CARES Act and specifically applying for the Paycheck Protection Program (the “PPP”). The PPP allows for small businesses to obtain a loan to cover certain employment and utilities expenses. The loan can then be forgiven if the money is used to cover costs eligible for forgiveness.

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The Legal and Equitable Justification to Miss Those Payments
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The Legal and Equitable Justification to Miss Those Payments

COVID-19 has slammed our economy. Hundreds of thousands are being laid off, revenue in some cases, dropping to zero. New York, California, and Illinois are in lock down, restricting the movement of 70 million Americans. 48 US states have declared states of emergency and the stock market has lost one-third of its value. The economic impact has been and will continue to be devastating. It’s a burning house being torched to the ground.

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A Seemingly Simple Issue: The Legal Differences Between Starting a Business Alone or with Partners
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A Seemingly Simple Issue: The Legal Differences Between Starting a Business Alone or with Partners

Deciding whether to start a business on your own or with partners seems like a basic threshold question. But sometimes what might seem like a simple concept can have major legal implications. For startups and small businesses, a single-owner business is relatively basic to start, but as soon as there are more owners involved, there are instantly more issues that need to be dealt with including what do with your LLC Operating Agreement.

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