Small Business

Potential Change in Overtime Pay for Salaried Employees

The Department of Labor has proposed a new rule (DOL Proposed Rule) that would change the way overtime is paid to salaried employees. It addresses those employees that are exempt from overtime pay under the “white collar” exemption such as professional and administrative employees. Currently, in order for those employees […]

Weather Policy for Small Business

February 16, 2015: With winter weather, including ice and snow, covering most of Middle Tennessee this morning, it is a good time to remind companies of the importance of a weather policy for your company. Remember, communication is key. It can be very frustrating for employees, customers, and clients to […]

National Small Business Week

Happy small business week to all the small business owners and employees here in middle Tennessee! From SBA website: Every year since 1963, the President of the United States has issued a proclamation announcing National Small Business Week, which recognizes the critical contributions of America’s entrepreneurs and small business owners. […]

ACA’s Effect on Small Businesses in Tennessee

Healthcare Reform, Obamacare, the Affordable Care Act (ACA), whatever you want to call it, is a major issue for small businesses in 2013. We have been reading up on the requirements for small businesses under the ACA so we can help our small business clients make important decisions. For example, […]

SBA Online Business Plan Tool

Thinking about starting a new business? This online tool will help you build a business plan. When anyone contacts us wanting to start a new business, we always ask what the plan is for their business. Developing a business plan will help you determine the feasibility of your company. The […]

FAQ: Why should I incorporate?

From McNulty & Associates’ Blog: One question that often comes up when we speak with a sole owner of a business is: “why should I incorporate?” Incorporation has a number of benefits. The main one is the corporate veil that is created. By creating an independent  entity, your personal assets are […]

Tennessee Business Taxes

When handling legal matters for Tennessee small businesses, we are often asked questions about business taxes. While, McNulty & Associates does not practice tax law or give tax advice, we do try to point our clients toward general information that may help answer some of the questions that arise. We always recommend […]