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Recent Small Business questions
My mother is owner and matriarch of the family business. Its
My mother is owner and matriarch of the family business. Its a restaurant that she's owned for 11 years. Needless to say she has been running the restaurant's bookkeeping and is now utilizing the methods of taking out financial business loans from over charging companies which prey on these small businesses.She is 60 years old and ready to spend the rest of her days relaxing. I have been working at the restaurant for almost 2 years and have discussed my possibly becoming a partner/owner. My question is.How do I create a contract and what should the contract entail?
On the advise of my business partner I was told it was okay
On the advise of my business partner I was told it was okay to just 1099 my employees and claim them as independent contractors but now one is suing us for not taking taxes out. She claims she was misclassified and that were we liable to have her listed as an employee. Does she have a case?
I have a small business (S Corporation) with 2 other
I have a small business (S Corporation) with 2 other partners. What business insurance should I discuss with my insurance broker to protect ourselves with the absolute best insurance coverage from ever being sued. I want to get insurance coverage to best protect our business and us as shareholders from customers, employees,...anyone from suing us and not be covered by insurance.
I am seeking arbitration to resolve a matter between my
I am seeking arbitration to resolve a matter between my small business as a subcontractor and a large corporation as a prime contractor. The issue is that the prime contractor has breached its contract with my company and the contractual agreement provides an option to settle disputes through the American Arbitration Association. How do I demand arbitration to settle this matter? Is there a form or protocol to follow?
A friend has a consulting firm and has another friend in
A friend has a consulting firm and has another friend in anther city who wants to work for him as a subcontractor. He is trying to set it up as a 1099 employee, and will pay the guy straight commission on money he generates for his consulting firm. He also will probably give a small draw to the new contractor. He will not designate how the work is done or oversee him;He will simply pay a percent of consulting fees the friend in another city generates. Does this sound like legit 1099 territory? Does giving a draw create a problemn on this?
We own a small business. No one draws a salary. No one evenView more business law questions
We own a small business. No one draws a salary. No one even works there, we have a manager. Everyone pays their own share of taxes from their K-1 It's an S corp. There are 2 minority shareholders that are mad because we did not pay a distribution. We voted to do this to build cash to pay down our debt. The other 3 shareholders are the only ones on our bank account as signors. We discovered today that the 2 minority shareholders somehow created a pin number and now have access to the corporate account. They had asked for bank statements and we had agreed to provide them if they signed a standard NDA. They never returned it signed but somehow obtained a pin # ***** are able to view and print whatever they want. What should we do? Is there any way that a judge would have ordered this?