Consultant’s Corner: Protecting Your Business from Employee Theft

Q: I’m looking to start a new mobile auto detailing business. My biggest concern is protecting my business, particularly from employee theft. What can I do in my hiring procedures? Effective hiring procedures are important for every employer; however, since you will have employees taking company assets off premise, handling customer cash payments, working on […]

read more

Consultant’s Corner: Business Entity Selection

Question: “How should I go about choosing a business entity type?” Many small businesses are structured as unincorporated sole proprietorships and General Partnerships due to their formation and maintenance simplicity and costs; however, the primary disadvantage with a sole proprietorship or General Partnership is that it is not a separate legal entity, even when it […]

read more

Workers’ Compensation Insurance 101

Workers’ compensation laws mandate that employers cover their employees for injuries incurred while on the job, whether on company property or at another location on company business. For example, a delivery person would be covered for an injury loading his truck on company property, an injury while unloading his truck at the customer’s site or […]

read more

What is Disability Insurance?

Disability insurance is a form of coverage that will replace a percentage of your income should you be unable to work because of injury or illness. Most policies are written for a specific monthly benefit—the face amount of the coverage. The upper limit is typically between 50% and 70% of your earned income. Types of […]

read more

Do You Need an LLC for Your Rental Property?

With interest rates continuing to hover around record low rates, Gen X’ers and Baby Boomers are swallowing up investment properties all around the United States. Even though recently an article came out from the N.Y. Times that home ownership is down to a record low of 62.9% (which is the lowest in fifty years), the […]

read more