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Crisis Management Update: Managing your business through change and disruption
This week's guide to Crisis Management
 
This week's email features a look at Small biz owners expect growth in 2021; Arbitration clause in contract blocks appeal; Spring-clean your startup's accounting with these tips; Rule change tossed over independent contractors; Get your vacation rental agreements in shape for the summer.
 
For more on Crisis Management be sure to visit our website, crisismanagementupdate.com. We'd love to hear your thoughts or feedback on this newsletter. Please contact Patrick Brannan at [email protected].
1
 
Survey: Small biz owners expect growth in 2021
Small business owners say that they expect to grow revenues in 2021, as more people are vaccinated against COVID-19 and the economy reopens.
 
2
Arbitration clause in contract blocks appeal
An employer can enforce an arbitration clause in an employment contract that waives any appellate review, the 4th U.S. Circuit Court of Appeals has ruled in a matter of first impression.
 
3
Spring-clean your startup’s accounting with these tips
It is absolutely critical to spring-clean your business’s finances and ensure that all of the accounting is accurate and up-to-date. Check out these must-know tips on ways to spring clean and improve your business’s accounting.
 
  • Finalize journal entries
  • Document your receipts
  • Check the profit & loss and balance sheet statements
  • Bank reconciliations
  • Examine your budget versus actual expenses
  • Close your monthly financials
 
4
 
Rule change tossed over independent contractors
A rule change that would have made it easier for businesses to classify workers as independent contractors rather than employees has been withdrawn.
 
5
Real Estate Law: Get your vacation rental agreements in shape for the summer
Now that vacation home rentals could be more popular than ever, it’s a great time for vacation homeowners to make certain their rental agreements are up-to-date and compliant with the constantly developing and changing COVID-19 restrictions and requirements that may be applicable to their home.
 
 

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