Tag Archives: Monmouth county

National Small Business Week Is This Week! Learn More About Helping Your Business Community

April 30th – May 5th is National Small Business Week. Started in 1963, this week brings attention to the importance of small business in our country which account for more than 95 percent of all the business here. Small business is vital to our country’s economy and enriching our local communities. Despite how important they are, small businesses are often victimized by bureaucratic regulations and face intense competition from corporate chains. Let’s take a minute to appreciate small businesses and their owners, and talk about some ways for small businesses to stand tough in this environment. How to Help Your Small Business and the Community Chambers of Commerce: Joining local chamber of commerce can help you stay informed on serious issues affecting your business community, bring your business more customers, and help you network with fellow business owners. Local politics: Local politicians will often be the ones making decisions that…
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Consumer Protections Could Be Lessening: Watch Out for Unfair Lending Practices

There are actions being taken in Congress right now to lessen the strength of agencies designed to keep consumers safe from unfair practices, such as the Consumer Financial Protection Bureau (CFPB). Some politicians criticize these agencies, claiming that they are harming businesses that are just trying to operate as they have been. In a country ravaged by unfair lending practices and student debt, consumers need to be very careful when engaging in transactions with these companies. Another target is the Dodd-Frank wall street reform passed in 2010, following the great recession. This rule strengthened regulation on financial industries and lending practices. Unfair lending tactics can be illegal, and learning what they are can help you find out if you are being victimized. Watch Out for These Unfair Lending Practices Loan flipping: This practice occurs when borrowers are convinced to refinance their mortgage with the promise of more money coming back…
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Small Business Owners: Joining a Local Chamber of Commerce Could Help Your Business

Chambers of Commerce are local committees of business owners who get together and discuss common issues they experience when doing business in their neighborhoods. Business owners are extremely busy, and may not see the reason why chambers of commerce may be beneficial. However, issues that you may think are exclusive to you, are probably being experienced by many local business owners in your neighborhood who may have already joined a chamber of commerce. The business landscape constantly changes, and talking to other business owners about how they are coping with new laws and policy changes can help you sort out issues and come up with great new ideas. Below are some benefits of joining a chamber of commerce for businesses. Benefits of Joining a Local Chamber of Commerce Networking: Being a member of a local chamber of commerce will allow you to network with business owners in your profession and…
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More New Jersey Employees Can Use Sick Leave

Attorneys Explain the Latest News Affecting Businesses and Employees Recently, Paterson, New Jersey passed a paid sick leave law that will cover 23,000 workers by a 7-0 vote. Other cities with similar laws in the state include Passaic, Newark, East Orange, Jersey City and Irvington. The Facts Regarding the New Sick Leave Law If you work in the private sector, you will gain 1 hour of sick time every thirty hours that you work. Large companies of over ten employees are required to offer five sick days a year, in addition to other benefits, such as child care and home health care. Companies with less than ten employees must offer their employees at least three sick days. Government employees or companies with union contracts are exempt from this sick leave law as they have similar existing plans. All sick days roll over to the next year, if unused, but they…
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