The implementation of the Corporate Transparency Act (CTA) marks a significant shift towards enhanced transparency for U.S. businesses. In this post, we’ll provide a guide for companies on compliance with the new reporting obligations of the Corporate Transparency Act. Understanding the Corporate Transparency Act The Corporate Transparency Act requires companies to disclose detailed beneficial ownership […]
Tag Archives: Business
Employee Religious Exemption for Mandatory COVID-19 Vaccine Policy
At some point in the near future, the Supreme Court is set to decide the Biden Administration’s mandate that employers of a certain size require that their employees are vaccinated. Some employees have been able to qualify for a religious exemption from the Covid-19 vaccine. This complex legal issue seeks to strike a balance between […]
Mergers and Acquisitions, and Divestitures
Companies eventually evolve and strive for improved operations or growth by combining their resources and efforts with other companies. Sometimes, the legal requirement for spinning off specific productive assets involves Mergers and acquisitions (M&A) and divestitures, both of which may entail structural modifications to underlying business via the sale or purchase of the entire company […]
Ecommerce – Essential Knowledge for Running an Online Store
Setting up an online store seems easy enough, right? You need a sound business plan and marketing strategy, sellable products, great domain, excellent hosting, and a sound content management system, among others. The low overhead is also appealing, and you don’t even have to pay rent if you don’t need space or already have room […]
Moving Your Company to Another State
Whether you’re concerned about changing tax laws or preparing for retirement, business owners often transfer their companies to different states. However, permanently moving your headquarters over state lines differs from opening out-of-state stores or expanding your e-commerce business. Complete transfer requires lawfully closing your business in your current state and essentially reopening your business in […]
Business Succession Planning: The Basics
When it comes to small businesses, every worker is essential. Most small businesses cannot succeed without the drive and dedication of owners and their families. However, the sudden loss of key personnel can stop your business in its tracks. If a founder suddenly passes away, COVID-19 impacts essential employees, or a manager leaves to handle […]
Self-discipline and taking action is key to a happy, balanced mind
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Teamwork is essential for small teams to take on new challenges
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