ADP: Overtime Rules: Where Are They Now?

In May 2016, the Department of Labor (DOL) released a Final Rule that would have increased the minimum salary required to be exempt from overtime under the Fair Labor Standards Act (FLSA). However, just before the rule was to take effect, a federal judge temporarily blocked the DOL from implementing the rule. Here is an…read more

Never Ask These 10 Questions

 By HR Solutions Blog Team  Hiring Sometimes employers’ seemingly harmless questions can be problematic. They may violate certain laws or get in the way of a productive and engaged workforce. Here are 10 questions to avoid in the workplace: #1: “Money is tight. Do you mind working off the clock for a little while? We’ll make it…read more

Is There A Reason Your Small Business Ads Are Not Working?

Is your business growing slower than you think it should? Do you suspect its slow pace might have something to do with ineffective marketing? Most entrepreneurs feel their business should be growing faster, but few know how to isolate the problem. Today we’re going to fix that. The elements that affect the growth of your…read more

Top 12 #Entrepreneur #Advertising Mistakes to Avoid

Spending all your money on advertising but getting no results? Find out whether you’re guilty of committing one of these huge blunders. Q: I’ve spent a ton of money advertising in lots of different media, but it doesn’t seem like I have much to show for it. Can you tell me plainly and simply how…read more

5 Rules for #Entrepreneurs & Small #Business Startups and

Entrepreneurship is the art of finding profitable solutions to problems. Every successful entrepreneur, every successful businessperson has been someone who’s been able to identify a problem and come up with a solution to it before somebody else did. If you want to start a business, read these five tactics for finding entrepreneurial success: Find a…read more

An Entrepreneurs Love Hate Relationship With Groupon

As entrepreneurs we utilize the tools in front of us to get exposure for our business. Forbes previously reported that Groupon may be the fastest growing company ever.  This is a company that has “tipped” and you can expect to read a lot more about it in the mainstream media as we get closer to the…read more

Pennsylvania’s Governor’s Award For Safety Excellence

I got an email this morning inviting me to apply for the Pennsylvania’s Governor’s Award For Safety Excellence. Normally I don’t go out of my way to seek awards because I typically view them as some form of self-aggrandizing validation.   This one is a little bit different to me. I am in a high risk…read more

Costa Oil – 10 Minute Oil Change

When I took over Quick Change in Harrisburg I was simply happy to be self-employed, it wasn’t until later I had aspirations to create a brand. After I opened my 5th store, it became obvious that the smart move would be to rename the stores under one uniformed name. This helps for a myriad of…read more

ADP: 10 FAQs on Minimum Wage, Overtime, & More

10 FAQs on Minimum Wage, Overtime, & More Posted by HR Solutions Blog Team on February 6, 2017 at 9:00 AM During our recent webcast, Compliance Resolutions for a Better 2017, we received a number of questions on overtime, exempt vs. non-exempt status, and pay equity. Here are the answers to some frequently asked questions…read more

How-To: Raise Money – Asking Your Friends For Money To Start A Business

Looking to raise capital for your new business? Start by approaching the people who know you best. If your face appeared on the 10 o’clock news, how many people would say, “I know that person”? The list is probably longer than you think–and more than you’d imagine could be prospective investors in your business. Making…read more

How-To Buy An Existing Business: Federal Government Venture Capital

SBA-licensed one-stop funding shops SBICs and SSBICs are looking for businesses to fund. Could your business be next? What It Is: Small Business Investment Companies (SBICs) and Specialized Small Business Investment Companies (SSBICs), which target entrepreneurs who have been denied the opportunity to own a business because of a social or economic disadvantage, are licensed…read more

How-To Buy An Existing Business: Royalty Financing

Got a product that will bring in the bucks? Use it to get a loan based on your future sales. Definition or Explanation: Royalty financing is an advance against future product or service sales. The advance is paid back by diverting a percentage of the product or service sales to the investor who issued the…read more

#ZeroDown Business Alert: Convenience Store. Only $14,000 Out Of Pocket, Financing Available!

Convenience Store. Only $14,000 Out Of Pocket, Financing Available! Chesapeake, VA (Chesapeake City County) Seller Financing Available Asking Price:$40,000 Cash Flow:N/A Gross Revenue:$179,480 EBITDA:N/A FF&E:N/A Inventory:$10,000 Rate/Sq. Ft.:$4,453.07 Established:2013 Convenience Store. Only $14,000 Out Of Pocket, Financing Available! Business Description Convenience Store. Only $14K Out Of Pocket, Financing Available! The shopping mall is where Street…read more

How-To Buy An Existing Business: 504 Loans

If you’re buying a fixed-asset like land, buildings or long-term equipment, look into a 504 loan. What It Is: Established in 1986, the 504 Loan Program provides long-term, fixed-rate financing for major fixed assets, such as real estate, facilities construction or expansion, or other fixed-asset needs. 504 loans are made through Certified Development Companies (CDCs)….read more

How-To, Buy an Existing Business: Private Loan Guarantees

You’re early stage, the bank is ignoring your pleas–what do you do? Find an investor to guarantee your loan. Definition or Explanation: A guarantee of payment that stands behind an early-stage company and enables it to take out a loan from a bank. Conceptually, private guarantees play the same role as an SBA loan guarantee….read more

How-To, Buy An Existing Business: SBA-Guaranteed Loans

The SBA’s got your back. With an SBA-guaranteed loan, they’ll guarantee as much as 80 percent of the principle. What It Is: Term loans from a bank or commercial lending institution of up to 10 years, with the Small Business Administration (SBA) guaranteeing as much as 80 percent of the loan principal. Appropriate for: Established…read more

How-To, Buy An Existing Business: Bank-Term Loans

Go with old reliable and get a business loan from the bank. Definition or Explanation:Term loans are the basic vanilla commercial loan. They typically carry fixed interest rates, and monthly or quarterly repayment schedules and include a set maturity date. Bankers tend to classify term loans into two categories: Intermediate-term loans: Usually running less than…read more