small business

New employee classification tools available

12.30.2016
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Misclassifying employees as independent contractors is a costly mistake. Under the federal Fair Labor Standards Act (FLSA), the difference between an employee and an independent contractor depends on the circumstances under which work is performed. The distinction has major implications for wage and benefit structures. Unfortunately, businesses routinely fall into the trap of classifying workers based on external criteria – such as cost savings, independent contractor agreements, or franchise operation – rather than on work circumstances.

This winter, in an effort to reach both businesses and workers, the DOL added several misclassification resources to its website. The additions include a mythbusters page […]

St. Paul Sick and Safe Leave

09.21.2016
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The City of St. Paul recently passed an ordinance requiring employers to provide sick leave for employees. The ordinance, St. Paul City Ordinance 16-29 (available here), will be phased in beginning July 1, 2017. The ordinance is very similar to one passed earlier this year by the city of Minneapolis, but applies to all employers, regardless of size. If you’re an employer in the Twin Cities metro area, familiarize yourself with these requirements.

Leave Requirements
The ordinance requires employers to provide employees with one hour of sick/safe leave for every 30 hours worked. Employees may […]

What happens when a small business owner dies or gets divorced?

06.2.2014
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A client recently asked, what happens to small businesses upon the death or divorce of an owner?  What documents should be in place prior to those events to smooth an ownership transition?  These questions can have many different answers depending on the facts of a specific situation, but here’s a general overview of the process, consequences, and ways to control ownership of a business if a death or divorce occurs:

 What happens to a small business if an owner dies?

The answer depends on the type of business.  If the business is a sole proprietorship […]