Three Things All Entrepreneuers Should Know

So you want to start a business and achieve that American dream. Be forewarned — that dream can turn into a nightmare. A business failure can mean the loss of your home and life savings. And the probability of failure is very real. According to The U.S. Census Bureau,...

What Constitutes Work Under Kentucky’s Wages and Hours Law?

Under Kentucky’s Wages and Hours Law, an employer must pay an employee for work performed for the benefit of the employer. No surprise there. We all expect to be paid for our work. But what exactly is “work?” According to the Kentucky Department of Labor, work...

Three Things all Entrepreneurs Should Know

So you want to start a business and achieve that American dream. Be forewarned — that dream can turn into a nightmare. A business failure can mean the loss of your home and life savings. And the probability of failure is very real. According to The U.S. Census Bureau,...

Take Steps to Protect Your Business After You Die

Our business is our greatest asset.  It defines who we are.  It also provides economic support for our families, and pays the college costs of our kids.  We have to protect that asset.  Each of us must take the time to think about ways to preserve it and keep it out...

So, Just How Good is that Corporate Shield?

Almost every business is set up as a corporate entity. Why? Because a corporate entity provides executives a “corporate shield” from personal liability. This shield saves executives from liability for things that go wrong in a business. But just how good is that...

Regulations and Agreements Protect Bosses, Workers

Employers are the last true lords of their realm. As in days of yore, they rule as they please. They may hire those whom they favor and fire people who fall from grace. Nevertheless, there are some rules bosses must follow that are defined under two recent...