Having clear and well-defined policies is essential for any organization, whether it’s a small business, nonprofit, or large corporation. Policies provide a framework for decision-making, set expectations for management and staff, and ensure compliance with legal and ethical standards. Below are five key policies every organization should consider implementing: 1. Conflict of Interest Policy A Conflict of Interest Policy is critical to maintaining trust and transparency within your organization. This policy outlines the expectations for employees, board members, and other…

In today’s digital age, small businesses are constantly creating and sharing content to attract customers and build their brand presence. However, amidst the flurry of content creation, it’s crucial for small business owners to understand the ins and outs of copyright law. Ignoring copyright regulations can lead to legal troubles and damage to your brand’s reputation. So what is copyright, why does it matter for small businesses and what are some practical tips to navigate copyright law effectively. Why Copyright…

The Corporate Transparency Act went into effect on January 1, 2024.  I’ve put together a comprehensive guide to the CTA here.  The CTA requires companies (other than those specifically exempt) to file beneficial ownership information (BOI) about all owners who own or substantially control at least 25% of a company.  Upon request by a beneficial owner, company applicant or reporting company, the CTA permits FinCEN (the governing body responsible for the enforcement of the CTA) to assign a numeric identifier…