8 Tips for Starting Your Own Business in 2024 Identify your business’s value proposition. What will your new business offer? What problem will your business help solve for your customers? How is what you will offer different from existing businesses or competitors? As you think about what your new business will do, make sure to […]
April 23, 2024 the Federal Trade Commission issued a final rule to promote competition by banning noncompetes nationwide, protecting the fundamental freedom of workers to change jobs, increasing innovation, and fostering new business formation. “Noncompete clauses keep wages low, suppress new ideas, and rob the American economy of dynamism, including from the more than 8,500 […]
Regulatory compliance is essential to running a successful and sustainable business or staffing agency. As the staffing crisis continues, many recruiting agencies find themselves struggling to manage compliance with state and federal requirements. Why Regulatory Compliance Is Important Some companies choose to prioritize other areas of their business, such as revenue generation or marketing, over […]
Boston Beer Co., the brewer of Sam Adams and other craft beverages, is taking heat for its overuse of noncompete agreements. In a recent article, the Boston Globe cites examples of several former lower-level Boston Beer employees forced out of the industry they love because of the noncompete agreements their former employer forced them to […]
Knowing the true market value of your business can be useful for many reasons, not just for selling it or raising investment. Putting a price on the company may be the first time a business owner – especially one with a small, entrepreneurial, founder-based, or family-owned business – comes to fully understand how outsiders view […]