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The False Perception of a Company’s Profitability
September 8, 2020
The Profit of a Company: Expectations vs Reality What do you think is the average profit of a company? A management advisory company conducted a survey by asking people in the streets this same question. The people surveyed believe that the profit of a company is 22.8%. In other words, if your company makes…
Read MoreWhat can the $20 Million Lowe’s Lawsuit Teach Other Businesses
September 8, 2020
What can the $20 million Lowe’s Lawsuit Teach Other Businesses A lawsuit was filed recently against Lowes seeking $20 million USD in damages. This case shows how easily even a high-level corporation can run into trouble in these difficult times. So, what happened? At a Lowe’s store in California, a customer encountered a man…
Read MoreUpdated US Travel Restrictions
September 8, 2020
State by state and International Travel Restrictions The United States Department of State (DOS) recently lifted it’s global “do not travel” advisory. Since travel restrictions have been decreased, this means that US non-essential workers can travel internationally to locations that are deemed “safe”. Naturally, not every country is deemed “safe”, and DOS is now…
Read MoreHow to Protect Your Business From Voice Phishing
September 8, 2020
How to Protect Your Business From Voice Phishing Voice phishing, or vishing, incidents have risen significantly in the United States since July 2020. On August 20, 2020, the Federal Bureau of Investigation (“FBI”) and the Cybersecurity and Infrastructure Security Agency (“CISA”) released a Joint Cybersecurity Advisory, describing cybercriminals’ attempts to extract sensitive information from…
Read MoreWhat You Need to Know About Class Action Lawsuits What is a class action? A class action lawsuit is a type of lawsuit that allows a large group of people who were wronged by an individual or company to come together as one to sue them. A situation that may cause a class action lawsuit…
Read MoreGermany now holds the presidency of the council of the EU What does this mean for Europe? On July 1st, 2020, Germany took over the position as the presidency of the council of the EU. That statement may confuse some people at first. No, Germany is not the president of Europe, and no, they did…
Read MoreNew Fine Print on Airline Tickets
July 10, 2020
New Fine Print on Airline Tickets Do you always read the fine print? Nowadays, the fine print is just thrown into the terms and conditions agreement of a contract and will go unnoticed by most people. If you’ve flown with American Airlines recently, you probably didn’t notice the new fine print on the terms and…
Read MoreHow the USMCA will help Small and Medium-Sized Enterprises (SMEs) The USMCA is a new trade agreement between the United States, Canada, and Mexico that replaced NAFTA on July 1st of this year. The agreement places a large emphasis on supporting small and medium-sized enterprises (SMEs) in North America, including a new feature: a chapter dedicated…
Read MoreNew Restrictions in North Carolina
June 26, 2020
New Restrictions in North Carolina Starting on Friday, June 26 at 5:00 PM, North Carolina Governor Roy Cooper’s Executive Order No. 147 goes into effect, extending Phase 2 until July 17, 2020 and imposing further restrictions. Specifically, beginning Friday June 26, people in North Carolina are required to wear a mask in any public area…
Read MoreEmployee or Independent Contractor?
June 19, 2020
What is the Difference Between an Employee and an Independent Contractor? Knowing the difference between an employee and an independent contractor is not always easy. But employers must know the difference in order to have appropriate liability protection and to be compliant with labor and tax laws. Employers sometimes try to classify their employees as…
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