This article will cover the Economic Realities Test under the Fair Labor Standards Act determining independent contractor status, which can be used as a general self-evaluation tool for your current workforce.
Based on how the working relationship is structured and how the independent contractor service agreement is prepared, mis-categorizing an employee as an independent contractor can have multiple negative ramifications associated with such misuse. This article addresses the negative ramifications associated with their misuse.
Employers can realize a number of economic and competitive benefits associated with the utilization of independent contractors in their workforce. This article addresses the differences between the classifications of an independent contractor vs an employee.
This article addresses the two common doctrine used to limit the Board’s liabilities in the event of a breach: limitation of liability, and indemnification. Further, director & officer insurance is another method often used to further protect the Board from personal liabilities.
Many startups are unfamiliar with corporate formalities, and often ask what duties the board has to the company and to the shareholders. This article addresses some of the duties of the board.
Board of directors must tread carefully and maintain diligence to uphold their fiduciary duties toward the corporation and stockholders.
Many startups are unfamiliar with corporate formalities, and often ask what the role of the board is, or the role of directors is. Business and everyday affairs of a corporation are wholly controlled by its board of directors. This article addresses some of the foundational roles of the board.
This short article addresses some of the key points and timelines a business should know when considering and/or applying for the Paycheck Protection Program under the CARES Act.
Knowing the key issues and terms to negotiate any business deal and business contract is an essential factor for a company’s growth and success. This article addresses some key considerations and important tips a business owner or key executive should consider when negotiating a business deal.