Not surprisingly, President Obama's recently released budget proposal for fiscal year 2011 has elicited polarized views from the business community. He's beginning to stand up to Wall Street and large corporations, at least rhetorically, while promising much-needed relief for small to mid-size businesses (US News).
The US Chamber of Commerce-fueled controversy over greenhouse gas emissions, which the Environmental Protection Agency has indicated it plans to regulate, proves that there is room for divergent opinions on environmental issues among US businesses (The New York Times).
Scott Brown's Senate win in Massachusetts has cast confusion onto the prospects of the health care legislation we've been hearing about for months. One question that will likely remain is whether any eventual legislation will include a construction employer mandate.
It is widely known that the Senate version of the health care reform bill requires employers with 50 or more workers to provide them with coverage.
Get ready for more workplace oversight with respect to federal labor laws, as a half-trillion-dollar spending bill making its way through Congress will give regulatory agencies more resources to follow up on complaints and pursue cases.
It's important to remember that labor and employment laws mean very little in the absence of enforcement.
The $447 billion Consolidated Appropriations Act (H.R.
Most small businesses, even those that have managed to do relatively well in these trying times, just can't get much respect from banks and other lenders. Although most US employers are considered small businesses, the small business loan is considered a very risky category from the lenders' perspective.
Claims for employment discrimination filed with the Equal Employment Opportunity Commission (EEOC) in 2009 declined slightly from the previous year, but still were at the second-highest level in the agency's nearly 45-year history, as reported by the AP. The year in which the most claims were filed was 2008.
The total number of disability discrimination claims received by the EEOC last year was 93,000.
At a time when virtually everyone is squeezed financially, at least a little, even the most astute bill-collecting policy sometimes falls short. If credit checks, seemingly fail-safe billing terms, clear communication and a soft approach to collections doesn't work, then it's time for tougher collection techniques.
No matter how much your business customer is struggling (they may share a sob story or two), it shouldn't also become your burden.
It has often been said in economic circles that a rising tide lifts all boats. The same could be said of a falling tide (in this case, a severe recession in the absence of easy credit), which can maroon even the most ship-shape of operations, since businesses are more interdependent than they may realize in good times.
Most businesses are finding it increasingly difficult to collect overdue balances from their customers, which causes otherwise balanced books to dip into the red.