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Recent Developments: FTC Rule Banning Noncompetes
October 1st, 2024
A federal judge has struck down the Federal Trade Commission (FTC) rule banning noncompetes nationwide. This ruling has brought the situation back to the status quo, meaning that, for now, existing noncompete agreements remain enforceable and employe…
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Five best practices for terminating employees
March 6th, 2024
Contributor: Nancy Wood Stabell
As a leader in your company, the time will come when you must let go of employees. Being prepared and organized throughout the process is essential, no matter the situation. Termination requires incredible clarity and objectivity for the person(s) de…
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3 Reasons to stop treating your business like a personal piggy bank
March 5th, 2024
Contributor: Nancy Wood Stabell
I know that as a business owner, your company can feel like an extension of your identity. However, keeping the lines between your business and personal finances clear is vital to the legitimacy, legality and future of your business. It is your oblig…
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The Corporate Transparency Act: What you need to know for 2024
December 30th, 2023
Contributor: Nancy Wood Stabell
On January 1, 2024, sweeping new reporting requirements are going into effect to combat hidden ownership and money laundering. The Corporate Transparency Act will require those liable to disclose information about their beneficial owners and company…
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Why you need to regularly review your business records: Part two
December 7th, 2023
In my last article, we talked about the necessary evil of maintaining your business records, particularly in the categories of business filings, piercing the corporate veil, financials and real property. Part two of this series will discuss three mor…
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