How Are Business Partners Held Liable?
There are three types of partnerships: general partnership, limited liability partnership and limited partnership. The type of partnership determines the amount of liability you can potentially face. Depending on which describes your business, you can define your responsibilities accordingly.General Partnership General partnership is the most common type of partnership. No formalities are required for a […]
Claims for Wrongful Termination During the COVID-19 Outbreak
Wrongful termination has become an extraordinarily complex matter during the COVID-19 outbreak. Employers are struggling to keep up with the massive changes in the legal landscape. With employees focused on remaining employed and feeding their families, it is just as unlikely that they are aware of the legal issues surrounding the pandemic. It is overwhelming, […]
Top-Tier Event Celebrates Latinx Business Boom
We are living in the era of a new mainstream economy. It is driven, in large part, by Latino entrepreneurs, consumers and workers. In September 2019, at the Manchester Grand Hyatt San Diego, with the collaboration of Wells Fargo, a top-tier business and media event was launched. It is called L’ATTITUDE. In alignment with Wells Fargo’s […]
Greater Philadelphia Hispanic Chamber of Commerce Connects with Community
This past March, the Greater Philadelphia Hispanic Chamber of Commerce sent a clear message to the surrounding community. The region’s Latino population has evolved drastically over the last thirty years. That is why the chamber’s CEO and president, Jennifer Rodriguez, decided it was time to reach out to Latino entrepreneurs in its first ever “one-on-one” […]
Partnership Formed to Protect Latino-Owned Businesses from Predatory Lenders
Latino entrepreneurs should stop having to depend on seed funding from friends and family and should start being able to access capital like the rest of the small business community. Carlos Medina and Doug Naidus certainly think so, and their respective organizations have partnered to provide Latinos access to the capital they need to start […]
Four Resources for Securing Small Business Loans
Where there is a rapidly growing segment of the country’s economy, there will soon be resources that offer small business loans. If that rapidly growing segment happens to be a minority, there will be resources specifically designed to offer small business loans to that group. For example, Hispanics have already been identified by the U.S. […]
Get to Know Your Mercer County Small Business Resources
Are you a small business owner operating in Mercer County? Are you aware of the resources made available to you by Mercer County? Look no further.Small Business Counseling ProgramMercer County’s chief resource for small businesses is its Small Business Counseling Program. It provides expanded training and technical assistance activities during weekday and evening hours at […]
Five Insights for Hispanic Restaurateurs
Latino entrepreneurs often face plenty of legal issues when attempting to open a start-up restaurant. However, investing in a restaurant business is an important area of engagement for Hispanic entrepreneurs. Above all other business issues that need to be considered beforehand, the negotiation of a lease takes precedent. How the restaurant can be financed and where […]
How to Avoid Wage Violations
Now that you are an employer, you are expected to pay minimum wage and overtime. Your employees must receive meal breaks. Failure to do any one of the above constitutes a wage violation. Your employees are not only entitled to recover those unpaid wages, but a monetary penalty as well. Let’s further explore wage violations […]
Inner-Cities Are the Place to be When it Comes to Small Business
CEOs surveyed by the national nonprofit group Initiative for a Competitive Inner City (ICIC) repeatedly cite inner-cities as locations that have been hospitable to their business growth and development, according to ICIC CEO, Steve Grossman. Based in Boston, ICIC issued a report this past October in conjunction with the unveiling of this year’s Inner City […]