Small Business Administration (“SBA”) loans to the rescue. The CARES Act significantly expands eligible businesses to include venture-backed startups, sole proprietors, independent contractors, nonprofits, the self-employed, franchises, and more.
Read MoreThe FFCRA affects all employers with fewer than 500 employees. The bill calls for qualifying employers to provide up to 12 weeks of FMLA leave for employees who have a qualifying need related to a public health emergency and who have been on the payroll for at least 30 calendar days.
Read MoreAn EIN or FEIN is used interchangeably and sometimes also called an employer ID. EIN stands for “Employer Identification Number,” and FEIN stands for “Federal Employer Identification Number.” Throughout this article, I will refer to this number as an EIN.
Read MoreA good rule of thumb is to hire an attorney on retainer and resolve potential issues before they arise. This list is not exhaustive, but it will give new business owners an idea of some of the legal issues their businesses may face. Contact an attorney during these points in the life cycle of your small business:
1. When you have an idea for a business name. You should hire a small business attorney to help you determine whether you can use a business name. Your attorney may tell you that the name you chose is already trademarked and cannot be used.
Read More
