Do I need a license / permit to open my business?
That depends on what type of business you own. Many businesses do not need any special licenses or permits in order to operate their businesses. However, some businesses that engage in …
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What steps should I take to start a business?
When starting a new business, several key decisions must be made regarding the organization, financing, management, and operation of the business. First, you should do your homework – …
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Do I Need a Taxpayer Identification Number for my Business?
A taxpayer identification number (TIN) is a number used by the Internal Revenue Service (IRS) to identify people and companies. Most companies need to file with the IRS to receive an Employer …
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Business Slowdowns, Downsizing and Cost Reductions
Difficult economic times and unforeseen circumstances can negatively affect a business. A significant economic downturn can affect business and require businesses to make layoffs, for example. Or, a fire can destroy a place of business. In either case, business owners are faced with difficult emotional, business and legal decisions that must be carefully made. Business Interruptions …
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Hiring Foreign Workers
Foreign workers can be an asset to your business. However, if you are interested in hiring foreign workers then you need to know how to do so legally so that the employment relationship can continue, the employee can avoid deportation and you can avoid the legal consequences for illegally employing a foreign worker. Generally, the government will only approve foreign workers to fill …
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