Recent Blog Posts
Determining how much to pay your employees can be difficult. On one hand, you want them to be happy and able to support themselves; on the other hand, you want to keep as much of the profits as possible. Luckily, the law provides some sort of guidance. The Fair Labor Standards Act (FSLA) of… Finish Reading Massachusetts Wage and Hour Laws: Minimum Wage
The first installment in this series is about the “workweek.” The Fair Labor Standards Act (FLSA) describes the workweek as “a recurring period of seven consecutive 24 hour periods” that can begin on any day of the week. This “work week” is fixed, as well as independent of the actual hours worked by the… Finish Reading Massachusetts Wage and Hour Laws: The Workweek
We are beginning a series where we delve into the different laws that are addressed in the Federal Fair Labor Standards Act, and hopefully help you avoid mistakes that can be detrimental to your business. This act details exactly how to calculate your employee’s compensation, and what you can and can’t do regarding overtime… Finish Reading Massachusetts Wage and Hour Laws: An Introduction
The Supreme Court recently released a decision on the case Food Marketing Institute v. Argus Leader Media that may be beneficial to your company. The case arose when a newspaper run by Argus Leader Media in South Dakota requested from the government a list of names and information on companies involved in a national… Finish Reading Notable News: Supreme Court Rules in Favor of Business Privacy
As a small business owner, you may have co-owners, partners, or employees that you have authorized to do basic functions such as signing checks on the company’s behalf, making deposits, or even doing basic online banking. However, whether you trust them to act in good faith may not be the only obstacle when deciding… Finish Reading Do You Know Your Bank Signatories?
Phantom income occurs when there is revenue that is reported to the IRS by an entity for tax purposes, but the entity or the individual never actually receives any income. For “pass-through” entities, where income and subsequent losses are passed through to the owners of the company (as opposed to the entity itself), this… Finish Reading The Risk of “Phantom Income” as a Small Business Owner
Electronic signatures are becoming increasingly more popular as technology evolves and people are looking for ways to become more efficient. The idea of being able to type your name into a computer instead of having to sign a physical document and send to different parties is very appealing, as it saves time, money, and… Finish Reading Is my DocuSign Signature Enforceable?
Commercial tenants are often under the mistaken belief that their are non-negotiable except for the rental rate and lease term. “Large-space” commercial tenants, especially, have more flexibility in negotiating their leases and should take advantage of that. One of the most important, and often overlooked, terms in a commercial lease is the Termination Clause.… Finish Reading Protect Your Business Before You Sign a Commercial Lease
If you haven’t heard of “Do Not Knock” laws yet, you will soon. And if you own or operate a business that does any door-to-door sales, you need to be aware of these local / municipal ordinances. In Massachusetts Haverhill, Methuen and most recently, Marlborough, among potentially others, have all passed ordinances that prohibit door-to-door… Finish Reading List of ‘Do Not Knock’ Towns is Growing
Most small-business owners in Massachusetts understandably maintain accounts at nationally recognized and reputable banks. However, clever business litigation lawyers would suggest small- businesses avoid these types of accounts. During litigation, both parties focus on winning arguments and having courts rule in their favor. Unfortunately, lawyers who have experience winning judgments quickly learn that winning… Finish Reading The Reason Why Your Small Business’s Assets Are Protected Best By Local Banks