They set out your rights and obligations as an employee, and your employer's rights and
obligations as a business owner.
Not exact matches
That basic message, about the
obligation business owners have toward their employees, is something that entrepreneurs consider on a daily basis
as they build out their companies in places like the Brooklyn Navy Yards.
While the appellate decision was viewed
as a win for TechCity, most of the money refunded by the KCSD and the town won't be paid to Alan Ginsberg, the
owner of the
business center; Ulster County paid the town back taxes when TechCity didn't always meet its
obligations during the period covered by the settlement.
A starting your
business checklist to help you understand your
obligations as a small
business owner, including things you might need to register - licenses, taxation and superannuation and various legal requirements.
You need to choose the
business structure you'll trade under and of course, understand the
obligations and responsibilities you will have
as the
business owner.
A partner is not fulfilling his or her
obligations as an
owner of the
business if he or she does not meet all the minimum requirements.
We can't really turn away cases — there is a professional
obligation to assist people in need and
as small
business owners if we don't litigate we can't feed our families.
As in any
business venture, a law firm partner's fiduciary
obligations prohibit the lawyer, prior to departure, from recruiting other
owners or employees to join or follow him in leaving the firm.
The simple rule is that the onus will be on the
business owner to prove a need to keep some of these profits in for legitimate
business reasons such
as a hedge for bad times, money needed for expansion or replacement of equipment, banking covenants or shareholder agreement
obligations amongst others.
If you're a small
business owner and you operate in your own capacity — in other words,
as a «sole proprietorship» — you are personally liable for all of the debts and
obligations of the
business itself; if your
business fails, you go under with it.