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Can I Pay a Part-Timer for Additional Piece Work?

Based on your description of the nature and arrangement of the offsite work, I believe that you can do this. You must be careful that the employee is not working more than 40 hours a week doing... (more)

How Long Must I Hold a Job for an Employee on Medical Leave?

This is bad form on the part of the employee. But your company should have a policy in place that instructs people on the proper protocol to follow if they are out of work due to personal illness... (more)

How Can I Advertise on a Budget?

The question isn't really about where you are, it's more about how much time you have to put into low- or no-cost strategies in marketing and promotion. A small budget doesn't mean you will have... (more)

How Do I Choose a Partner for My Invention?

I'm sorry to be discouraging, but I am very skeptical about the possibility of selling an invention to a manufacturer. That rarely happens. The value in an invention materializes when somebody uses... (more)

What Does a Business Plan Really Need to Include?

Form follows function. What's really necessary in a business plan is what it takes to manage your business better. That means that a lot depends on what you're doing wit (more)

How Do I Find a Partner for a Franchise Business?

It sounds like what you're interested in finding is an operating partner rather than a financial partner.  If that's the case, your mission is fairly simple.  The first thing you want to do is to... (more)

Should I Buy a Franchise in a Crowded Market?

Just because there is a lot of competition in an area doesn't necessarily mean that it is a bad business to go into. It could mean that there is huge demand for the product or service the business... (more)

How Do I Resign from an S Corporation?

If you intend to resign, you’ll first want to speak with the bank to find out whether they will release you from your personal guaranty. Just resigning from the corporation does not automatically... (more)

How Do I Stop a Competitor from Using My Name?

Unless you have filed for trademark protection for your company name, you’ll have a difficult time stopping others from using a similar name. The Secretary of State (or local county clerk) is... (more)

Do I Need an Auctioneer License to Run an Online Auction?

I'm glad you specified your state, because different states have different licensing requirements when it comes to certain business activities. The Michigan Economic Development Corp. has (more)

How Do You Know When to Quit Your Job to Launch Your Business?

Ask yourself the following questions:  • Do you have cashflow from your business that you're currently working on? And you are working on it part time, right? • Are you able to make at least... (more)

How Can I Attract Wealthy Clients?

Advertising is not the answer you're looking for, referrals are. It's time to develop a referral strategy that will lower your customer acquisition cost while bringing in the type of customer you... (more)

What's the Best Way to Spread the Word About a New Product?

The value of public relations is in the credibility it can create as a result of a third-party, such as a TV, newspaper or other media story, says your product or service has value. You'll need to... (more)

Would Studying Politics Help Me in Business?

The answer to your question totally depends on what kind of business your father owns. If it's a law firm, lobby firm, public-relations company or advocacy group, it's probably not a bad idea to... (more)

What's the Best Course of Study for Would-Be Restauranteurs?

The best education you can get for working in restaurants is actually going to work at a restaurant. Restaurants and bars can be entrepreneurial traps. Many people believe that they're industry... (more)

How Can I Find a Manufacturer for a Product?

Your first goal should be to seek information, not necessarily find your final manufacturing partner. An abundance of online resources can help you get this process started. Some sites that can... (more)

How Can I Avoid the Hard Sell from Franchisors?

You seem concerned that when you call the franchisor you're going to get a salesperson on the line that is going to ignore your questions and just give you their... (more)

Do I Need a License to Run a Chat Site?

How you make your profit is not the real issue. In some states, opening an online business is as simple as finding a location (your bedroom counts) and filing a business name (also called a DBA,... (more)

I Have an Idea for a Change to Facebook. How Can I Protect My Idea?

Generally, ideas cannot be protected. While confidentiality and nondisclosure agreements can take you some of the way, they are not always airtight. Also, depending on how such an agreement is... (more)

What Are the Pros and Cons of Using Your LLC to Be a Member of Another LLC?

Having one entity own part of another has, as you noted, its pros and cons. On the plus side, you get an extra layer of liability protection. In addition, there may be tax advantages to having this... (more)
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