Archive for the ‘Business Savvy’ Category
Non-compete agreements are prevalent. The trend has been for employers to require everyone (lawn care workers, interns, summer camp workers, etc.), regardless of skill, to sign non-competes. This trend is poised to change. Recently, a journalist challenged the validity of her New York non-compete agreement when her former employer (Lexis Nexis d/b/a Law360) informed her […]
According to the National Federation of Independent Business (NFIB), 63% of small businesses were affected this year by the rise in insurance premiums, and 52% of those businesses suffered financial loss. 33% raised their prices to help cover the costs associated with the rise in premiums. Small business owners can expect to pay even more […]
During the holiday season, you may find that you need extra help in operating your business. In this case, many businesses employ seasonal workers for a limited duration of only a few weeks. Both employers benefit by having the extra hands available during a busy time, and employees benefit from being able to make extra […]
Making the decision to fire an employee can often be a difficult one. Additionally, many employers worry about the possibility of litigation arising from such an action. However, there are many instances in which firing an employee may be necessary for the company. For example, if an employee is not performing their duties in a […]
Recently, the New York State Office of the Attorney General announced the felony conviction of an upstate New York retail shop owner on tax fraud counts. The investigation found that for seven years, the businessman underreported income by $632,383.20 on his personal income tax returns for two retail stores he owned. He ultimately owed back […]