#TBT: L3C's

This weekend we have the honor of serving as a Social Entrepreneur panelist at the Small Business Law Academy, which is part of Detroit Entrepreneur Week.  Social entrepreneurs are ambitious and making large efforts to bring improvement to their respective community.  

A couple of years ago (time really flies), we wrote an article for Michipreneur on a popular business entity for social entrepreneurs, L3Cs, this is the link for that article.  We are looking forward to Saturday's discussion with the social entrepreneurs of metro Detroit. 

 

Source: 2015/2/12/l3cs-tbt

How Not to Get Sued Like Whole Foods

Many large companies across the country are finding themselves susceptible to lawsuits due to their failure obtain adequate authorization from job applicants prior to conducting a background check.

Employers, like Whole Foods and Dollar General, have been successfully sued for failing to adhere to the Fair Credit Reporting Act (FCRA), which was enacted in 1970 to protect the privacy of individuals’ personal information, as credit reporting agencies began distributing credit reports for credit card companies, banks, and employers.

What does the FCRA have to do with job applicants and employers getting sued?

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Business Owners: Get Ready!

According to the Bureau of Labor Statistics this year, 2015, millennials will become the workforce's new majority, and by 2030, this group will represent 75% of the workforce.  

Although millennials are becoming a dynamic component of the labor force, companies are having difficulty bringing them on board and keeping them pleased for long-term.  According to a recent Elance-o Desk and Millennial Branding survey, more than 50% of surveyed Generation X hiring managers stated that they are struggling to find and retain millennial talent.

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Hiring for the Holidays

Seasonal employees can be a tremendous asset this time of year because they allow great flexibility and ensure consumer demand is met during the busy holiday season.  As a business owner, it is prudent to take precautionary measures in order to remain compliant with relevant labor and employment laws.  Therefore, I recommend keeping these important tips in mind:

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