Blog

Business Planning
Taylor Darcy

Steps to Protect Your Small Business from Non-Paying Customers

Unfortunately, most businesses must deal with non-paying customers at least occasionally. You can safeguard the time and money you have invested in your small business by taking several steps, both to lessen the likelihood of nonpayment and to obtain the amount owed once a customer has failed to make a

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Business Planning
Taylor Darcy

Legally Terminating Employees

Most small business owners will occasionally have to face the unpleasant task of firing an employee. Small businesses rely heavily on each employee. An underperforming employee may not only lower the morale of other employees who have to pick up the slack, but may also jeopardize the success of the

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Business Planning
Taylor Darcy

Does Your Small Business Need a Social Media Policy?

According to 2018 data provided by SCORE, the largest provider of volunteer business mentors in the United States, 77% of U.S. small businesses use social media for their sales, marketing, and customer service. If you plan to usesocial media to promote your business, a social media policy is essential to

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Business Planning
Taylor Darcy

Business Insurance: Protecting Your Business from Unexpected Losses

As a small business owner, you have invested large amounts of time and money to make your business a success. Business insurance protects this investment if unexpected damage to property occurs or lawsuits, which could otherwise devastate to your business. There are many types of insurance available depending upon your

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Business Planning
Taylor Darcy

What Counts as “Hours Worked” Under the Fair Labor Standards Act?

If your small business has non-exempt employees covered by the Fair Labor Standards Act (FLSA), you must pay those employees under its minimum wage and overtime requirements for all “hours worked.” This may seem like a simple requirement, but figuring out what is considered “hours worked” may be more complicated

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Business Planning
Taylor Darcy

Independent Contractor or Employee: It’s Very Easy to Cross the Line

Many businesses prefer to hire independent contractors because there’s often less overhead and fewer expenses (i.e., taxes). However, classify an employee as an independent contractor, and you’re in big trouble. Here’s how to legally differentiate between the two. Who Controls the Worker?  This question can be challenging to answer.  According

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Business Planning
Taylor Darcy

Are your LLC Interests Actually Securities?

Securities law is a complex minefield that terrifies even the most seasoned lawyers. As a small business owner, it is your responsibility to make sure you’re complying with all the securities laws, both federal and state, that may apply to your business. Most people think that only corporate stock qualifies

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Business Planning
Taylor Darcy

4 Social Media Mistakes that May Put Your Company’s IP at Risk

Being active on social media is hardly a choice anymore for small to medium-sized businesses—it’s a given.  Your customers are there.  Connecting with your target audience on the social web can boost your brand and level the playing field between you and big competitors with larger advertising budgets.  But before

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Business Formation
Taylor Darcy

What Is The Difference Between an LLC and an LLP?

If you are starting a new business, the business entity you set up will affect the extent of personal liability, how the business is taxed, its management, the level of formality required, and many other factors. There are a lot of options, which can make this decision overwhelming. Limited liability

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Business Planning
Taylor Darcy

Dealing with Negative Online Reviews of Your Business

You’ve worked hard to build your small business. Nothing is more frustrating than negative online reviews, particularly if you feel they are unjustified or have been posted in bad faith. You can take several steps to prevent your business’s reputation from being damaged by unfavorable reviews.  Respond promptly and professionally

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