Tom and Jane go to the store and each purchases a printer. Tom buys his so he can print the latest rules and passwords for his favorite online video game; Jane buys her so she can print business documents for her home accounting business. Each pays $1,000 for the printer.… read more →
As a small business owner you will need to know the basics of contract formation. This is true for your transactions with customers and with vendors. There is a lot of information about contracts floating around out there, and much of it is false or misleading. Relying on false information… read more →
Right now the climate in Pittsburgh is cold. I’m sorry, it’s freezing! However the business climate in Pittsburgh is red hot. Many people think of the city as dirty, smoggy and packed with steel mills. But today’s Pittsburgh is actually quite different, driven by technology, health services and energy resources.… read more →
The Fair Labor and Standards Act (FLSA) is a federal law that regulates the standards for wages and overtime pay that affects most public and private employment in the United States. History of the FLSA The FLSA was passed during the New Deal era in 1938. It introduced a maximum… read more →
Below is a list of five of the most common business structures, along with some of the main advantages and disadvantages of each. This installment features the sole proprietorship, general partnership, limited partnership, c corporation and s corporation. The second installment will feature the five other most common business structures.… read more →
Everyone in the country should know what identity theft is by now. Warnings about identity theft emblazon billboards. Commercials for security devices flood the radio and television waves. But if that is how you heard about identity theft, then you are probably under a misconception: that it is a crime… read more →
Many people dream of starting a small business. Few people actually do it. The largest obstacle for many is raising enough money to get off the ground. But somebody out there is making it happen; new businesses are popping up every day. In the last section we looked at how… read more →
Many people dream of starting a small business. Few people actually do it. The largest obstacle for many people is raising enough money to get off the ground. But somebody out there is making it happen; new businesses are popping up every day. Here is a look at some of… read more →
Owning and renting out property comes with more responsibility than just ensuring that the building is functioning and in good repair. As a landlord you also have to guarantee a certain degree of safety for the tenants. There is a growing trend in the law where landlords can be held… read more →
You are a landlord and your tenant hasn’t paid the rent for the past few months. She won’t answer your phone calls, emails or text messages. Your mortgage is still due on the building and you need to get a new tenant in place or get the rent paid. You… read more →