Smlbizlaw

Author's details

Date registered: March 19, 2011

Latest posts

  1. Wage and Hour Q&A for Employers — June 2, 2011
  2. Small Business Defined — May 25, 2011
  3. Securing a Domain Name Before you Apply for a Trademark — May 24, 2011
  4. It’s National Small Business Week! — May 17, 2011
  5. Employee Benefits – What is Required? — May 6, 2011

Most commented posts

  1. Smlbizlaw Fast Facts! — 7 comments
  2. Tax Indemnity Clause – Don’t get Taxed for Another Business’ Activities — 4 comments
  3. Employee Benefits – What is Required? — 3 comments
  4. Blogging on Your Small Business Website: Legal Snafus to Avoid — 3 comments
  5. The Indemnification Clause. What does it mean? — 3 comments

Author's posts listings

Jun
02

Wage and Hour Q&A for Employers

What is the Fair Labor Standards Act (FLSA)? The FLSA establishes minimum wage, overtime, recordkeeping and youth employment standards for full and part-time workers in the U.S.  Here is a handy reference guide to understanding the FLSA. What is the minimum wage and am I required to pay it? As of 2011, the FLSA requires …

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May
25

Small Business Defined

In an earlier post, we discussed the definition of a small business, as issued by The U.S. Small Business Administration.  We wanted to revise and clarify the posting on what is defined as a small business.  The Federal Register provides a comprehensive listing of size standards, which apply to all SBA programs. Businesses are categorized …

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May
24

Securing a Domain Name Before you Apply for a Trademark

cybersquatter

We’ve already discussed the importance of seeking Federal trademark registration for your business name. Once you’ve come up with a great name for your new business, you must perform a thorough search to ensure you can use and protect that name before applying for a trademark. There is however, one very important step you should …

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May
17

It’s National Small Business Week!

This week the U.S. Small Business Administration recognizes the approx. 27.2 million small businesses in the United States for contributing to the strength of the U.S.  economy in creating jobs and driving innovation.  nationalsmallbusinessweek.com To all of our loyal readers – keep up the good work! Also, if you happen to be in the Washington …

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May
06

Employee Benefits – What is Required?

This article discusses employee benefits for private employers, meaning companies that operate separately from the government, including privately owned and publicly traded companies.  Employees who work for  federal, state and local government are governed by a separate and sometimes differing set of workplace rules. Are employers required to provide vacation days or paid time off? …

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May
05

Creating a Corporate Purchasing Policy for Your Small Business

As your small business grows, more and more tasks will need to be delegated to employees.  This includes the ability for employees to make external financial and contractual commitments to purchase supplies, materials, and services for the company.  It is important for every company to have a clear internal Corporate Purchasing Policy that outlines the …

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Apr
28

Who Owns Intellectual Property – Employee or Employer?

contract

When an employee leaves your company, it’s important to know who is the owner of any intellectual property that employee created while working for you. The general rule is that an individual owns the rights to anything they have created, regardless of whether they were employed by someone else at the time. There are however, two …

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Apr
23

Smlbizlaw Fast Facts!

SMLBIZLAW Fast Facts! According to the United States Small Business Administration (SBA), small firms employ just over 50 percent of all private sector employees and have generated 64 percent of net new jobs over the past 15 years. And small business employ 40 percent of workers in the high tech sector (scientists, engineers, computer programmers) …

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Apr
17

Choosing Your Business Entity

There are 4 main types of legal entities with benefits and drawbacks to each: 1. Sole Proprietorship 2. General Partnership 3. Corporation 4. Limited Liability Company In this post, we will briefly outline the basics and discuss considerations for each of these types below. Sole Proprietorship 1. Basics:  You and your business are one and …

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Mar
29

Tax Indemnity Clause – Don’t get Taxed for Another Business’ Activities

Tax indemnity in a small business context means Company A compensates Company B for taxes assessed on Company B as a result of Company A’s business activities. This concept often comes into play when two parties enter into a co-marketing agreement and one party is promoting the products of another party.  Co-marketing  sometimes leads taxing …

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