If you take long time to report a work-related injury or illness, the more that claim can cost your employer in medical, legal, and insurance fees. Those expenses can cause cutbacks that could potentially impact your job security. Before a work injury or illness occurs Take some time and carefully read the Notice to Employees poster in your workplace.
Weather Types of Business Legal Structures After deciding to establish a business, you must choose the type of legal structure that best suits your business. Most small businesses start out as either a sole proprietorship or partnership, but other options may be better for your particular business.
Each structure has trade-offs briefly discussed below. Sole Proprietorship This is the simplest and least regulated form of organization with minimal legal start-up costs.
One person owns and operates the business. The profits and business income are taxed as personal income. Partnership A partnership is relatively easy to form and can provide additional financial and managerial resources.
Profits are still taxed as personal income and the partners are still personally liable for all partnership debts and taxes. There are special income tax rules for Limited Partnerships.
When entering into any partnership, a written agreement is essential. Members invest in an LLC in exchange for a percentage ownership interest. An Operating Agreement states what share of the LLC profits and losses each member will receive and spells out the internal arrangements of the business Corporation The most complex of business organizations, the corporation, acts as a legal entity which exists separately from its owners.
The corporate also allows capital to be raised through the sale of stocks and bonds and can continue to function as a business even without key individuals. It also enables employees to participate in various types of insurance and profit-sharing plans.
Corporations must be registered with the Secretary of State and there are considerable costs associated with creating a corporation.After deciding to establish a business, you must choose the type of legal structure that best suits your business.
Most small businesses start out as either a sole proprietorship or partnership, but other options may be better for your particular business. UKIAH - Can one new store change a town? Business leaders and elected officials in this city of 16, believe the new Costco that opened up last month might trigger a wave of economic development.
After more than two chaotic weeks of lodging evacuees and firefighters, hotels in Napa and Sonoma counties are edging toward business as usual.
Hotel construction projects that have been delayed.
Find a great collection of New Locations at Costco. Enjoy low warehouse prices on name-brand New Locations products. Originally located in Hopland and later relocated to Ukiah, Mendocino Brewing Co.’s taproom was the first brewpub to open in California.
Its doors will shut on Saturday. A selection of recent stories about the San Francisco State University community that have appeared in the media. Note: These summaries link directly to pages published by the media outlets cited.