Worker Classification- Independent Contractor vs. Employee
Small business owners often get the pitch from various news outlets, accountants, and even legal counsel that one of the most economical ways to run a business is to classify your workers as independent contractors. However, what many do not tell is the consequences of classifying a worker as an independent contractor incorrectly - it can have a serious financial impact on your business... read more
Next Month: Can small biz owners apply for unemployment benefits, when business is not profitable? We pay in too, right? |
| Branding Your Small Business
In the American west, branding evolved into a complex marking system still in use today. The original purpose of the brand was to identify livestock with the graphic treatment of the ranch to which they belonged. In marketing today, we use the brand similarly... read more. |
The Humbling Search for Small Business Capital
I watched the new ABC television show Sunday called Shark Tank. Entrepreneurs pitch their business concepts to five venture capitalists hoping to secure investment capital to start or grow their business. The positive aspect of the show is that... read more |
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Accounts Receivable Financing - Another source of funds for small business
Small businesses are in need of cash. Accounts Receivable funding is a way to meet immediate cash flow needs. A local small business, SV Capital, Ltd. is rolling out a new program designed to help small business and entrepreneurs with financing opportunities. For more info. see FAQ, and Informational Flyer. |
The Launch of The Entrepreneur Group -Experienced small business owners/professionals coming together to assist entrepreneurs
Mary McCarthy, as director, Mike Anthony, and other professionals are forming a group of experienced small business advisors/owners to provide (nonlegal) counseling to small business. The goal: profitability. The group will provide customized solutions. For more information call Mary at 937.3197. See mockup of new website. |
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Ohio House Creates Sexual Orientation Discrimination - Another Weapon for Plaintiffs' Attorneys?
Small business are having a hard time making payroll. One frivolous lawsuit might mean the end. Instead of assisting small business in job creation, the Ohio House just created another weapon for Plaintiff's attorneys... Read Columbus Dispatch article. Do these people understand small business? |
The Ohio Supreme Court Limits Prevailing Wages - Should Government be dictating wages to small business in any context?
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| An Entrepreneur's Perspective
A Small Biz Perspective On Health Care
We've heard the arguments from both sides and they are not worth repeating. From the perspective of a small biz and entrepreneur attorney, I see the world through the eyes of the entrepreneur. Individuals and families are economic units.On the other hand, I see the group or organizing as a means of unfairly favoring the group over the individual. Why not, there is more leverage. Isn't this true with healthcare? City, State and federal employees, members of unions, large corporations and their employees generally have cadillac healthcare plans. Somebody has to pay for these plans. The costs get pushed downwards to individuals and small businesses. Our plans are not as generous and are more costly.
In Washington, one party generally wants a national group plan; and the other wants to allow small businesses to group together. I say, lets do away with group plans, altogether. Let's treat everyone the same. If you are going to have a mandate, have an individual mandate (as opposed to employer mandate); if there's a tax credit, give it to the individual, rather than the corporation; if you want a cadillac plan, you pay for it; if you leave your job, or start your own business, doesn't matter, it's your plan. In sum, there are no group plans - only individual plans. Everyone bears the burden of paying for their own plan, regardless of worker status or associations. Let's treat everyone the same.
In this post-industrial age/entrepreneur era, our laws need to favor and benefit the entrepreneur/individual
rather than the group. It's where the talent is. We need to stimulate the grassroots in the new economy. |
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SEMINAR:
Topic: Funding Your Business
When: Oct. 1
Where: Franklin U.
Host: SCORE, SBA and Ohio Department
of Developement
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Small Business Advocate
