As we head toward year end, your company may be reviewing its business strategy for 2017 or devising plans for 2018. As you do so, be sure to give some attention to the prices you’re asking for your existing products and services, as well as those … [Read more...]
3 hot spots to look for your successor
Picking someone to lead your company after you step down is probably among the hardest aspects of retiring (or otherwise moving on). Sure, there are some business owners who have a ready-made successor waiting in the wings at a moment’s notice. But … [Read more...]
Recent Changes to LLCs in Pennsylvania
Pennsylvania made important changes to its LLC law effective in 2017. John H. Prorok, partner with Maiello, Brungo & Maiello, LLP, explains the key provisions. Effective dates On February 21, 2017, Act 2016-170 (15 Pa. C.S. § 8811 et seq.) went … [Read more...]
Overtime Rules: Changes Are Coming
The U.S. Department of Labor (DOL)'s new overtime rules go into effect on December 1, 2016. Employees that you now have on salary may need to be converted to hourly if they’re under the new pay threshold amount. These employees must be paid overtime … [Read more...]