Finances

As a business owner, it is not at all unusual for you to have questions involving your business, your employees and the law. There are going to be occasions that will arise where you may not be sure about the particulars of the laws regarding employment issues and if you make the wrong decision you could find yourself facing government fines, lawsuits from contractors or employees and the possibility of losing your business.

In order to avoid situations like this, you are going to want to talk to a lawyer that specializes in employment law so you can be sure to get good advice and guidance. There are a few basic things you are going to want to know when you are looking for an Austin employment attorney so you can be sure you get someone that will help you, including:

  • Knowledge of Business and Employment Law – It is of vital importance that any attorney you speak to has in-depth knowledge of state and federal employment laws so you can be sure that you are getting the best advice possible. Not every attorney is going to have solid knowledge of employment law and because the laws can be detailed and change frequently, finding someone that specializes in this type of work is crucial if you want to be sure you are getting accurate and correct information.
  • Services They Offer – You will want to find out what types of services the attorney offers so you can see what business they can help you with the most. While some lawyers may only offer assistance with preparing particular business documents and contracts, others provide more well-rounded services to include things representation in legal cases your business may face before labor boards or in court. Talk to any potential lawyer so you can be sure they can handle the different services you may need assistance with.
  • Time – It may seem trivial to you right now, but it is important that you work with a lawyer that is really going to have the time to assist you. You want a lawyer that you know will be there for you when you need help and not someone that will put off phone calls, emails and meetings because they are busy with other clients. When you first consult with an attorney, you want to make sure you are completely comfortable working with this person, trust them with your business and you trust that they are going to do their best to help you.

Once you have spent some time gathering information about a lawyer and have met with them to discuss issues you will be able to see who the right fit for your business is. When you are looking for an employment lawyer in Austin that has a stellar reputation, contact the Law office of Jack Quentin Nichols. Mr. Nichols has many years of experience working with businesses of all sizes and with employment law and he will work his hardest to make sure you get just the service and representation you need.

18 Comments

richer friendsI was at a conference for financial bloggers recently and one of the keynote speakers on the last day of the conference said something that caught the attention of a lot of people as good advice:

"Your income equals the average income of your five best friends."

I'm not buying it.

While those may not be his exact words, that's the gist of what he said. His point — and he made it often — was that being rich is great and if you want to be rich too, like he is, then go find some millionaires to spend more time with and surround yourself with richer friends.

I think some of his speech was tongue-in-cheek, but for the most part I think he was serious and was proud of his bank statements and income. I don't think being wealthy is anything to be ashamed of, and I applaud him for it.

Who doesn't want richer friends?

But what threw me, and what wasn't questioned at his talk to close the conference, was his advice to start finding and introducing yourself to richer people so that you can somehow glean the behaviors that help make them rich.

Really? Stop spending as much time with the top five people I know now and go look for five rich people to hang with? If dropping five friends for people with higher incomes is a path to financial success, count me out. And even if the speaker wasn't saying that those original five should be dropped, then spending a lot less time with them while pursuing richer friends sounds like a poor life choice. ...continue reading

2 Comments

bank accountOpening a bank account should be a pretty straight-forward process. You give the bank some money, provide a photo ID and give it some personal information and then you're done, right? The savings and/or checking account is opened and you can bank like the rest of society.

Not so fast. You're credit score is being checked by a bank before it allows you to open even a simple savings account. The bank wants to make sure you manage your credit well and that you won't cost them money as a customer. It doesn't want new customers, or any customers, to abuse overdraft privileges, have an unpaid negative balance, or have fraudulent activity on previous accounts.

Without at least decent credit, you may be denied service or asked to add a spouse or other family member to your account who has good credit.

Or it may offer you an account and a credit card, but the interest rate on the credit card will be a lot higher than it would be if you had good credit.

But applying for a credit card is another issue entirely. Opening a savings or checking account has its own problems if you don't look out for them. Here are three things to check on before and while opening a bank account: ...continue reading