Whether you run a large corporation or a smaller firm, discrimination charges pose a serious threat to multiple facets of your company if they arise. In fact, the U.S. Equal Employment Opportunity Commission reports that employers face damages for a number of reasons,...
Liability for sole proprietors
When it comes to establishing a business entity, it is important to understand the tax implications each entity assumes. Not only will this dictate how business owners should file their taxes at the end of the year, but it will also help determine the best ways to set...
What steps would I take to form a nonprofit corporation?
If you plan to form a nonprofit corporation in Indiana, or if you plan to incorporate a nonprofit you already own, the law requires you to take certain steps. These steps are similar to those for any other business entity, but there are specific requirements for...
Business lawsuits and your company’s reputation
If your business is facing litigation, you need to prepare for the many different ways in which the case could affect your company, not only in the days, weeks and months ahead but also from a long-term standpoint. For example, these lawsuits sometimes result in...
How can I prevent discrimination in the workplace?
Employers are tasked with many responsibilities, particularly when it comes to staff. Along with protecting employees from physical harm, you must also make sure they're psychologically well. Ensuring an inclusive, encouraging environment at work benefits your...
How to form a business entity
In a prior post, we spoke about business formation. In that post, we reflected on the importance of selecting the best Indiana business form for one’s needs. However, once one decides, the next step is entity formation. The first step is filing organizational...
How do I select the best business form for my business?
Business formation is an important part of starting up a business. Selecting the best business form involves considering the needs and goals of the business along with an evaluation of personal liability, taxation, management and control of the business and costs of...
Protecting your business when transitioning to a remote workforce
Over the course of the past five years, businesses have been making the decision to transition their existing workforce from a brick and mortar office space to remote. Many new business start-ups have chosen to build their workforces remotely from the ground up. It...
Tips to use when franchising a small business
Setting up a small business for franchising is not a small feat, but it can be extremely profitable if handled correctly, and if the market is right. There are several steps that should be followed to ensure all franchisees are set up for success from day one. The...
New state tax law affects short-term rentals
With the rise in popularity of short-term rental services such as Airbnb, HomeAway and VRBO over the past few years, states have been forced to address some tax questions. Indiana has been one of only seven states from which Airbnb did not automatically collect taxes....