Employee

A term used to describe the individual performing labor services in some form or fashion for an employer. It is the individual that is paid via direct and indirect compensation to provide such services. In general, the employer manages the outcome of the services rendered.

I-9 Compliance

I-9

To ensure that only individuals that are legally allowed to work get to work, the federal government mandates completing a Form I-9 for every new hire.  The Immigration Reform and Control Act of 1986 (IRCA) requires employers to verify that the potential hire is allowed to work in the United States.

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Mission Statement

Mission Statement

A mission statement is a written document identifying the businesses’ primary reason for existence.  It should convey the core values and the principals of the company.  It should be reviewed with staff frequently to remind everyone of the chief goals of the company.  

Booth Rental – Legal and IRS Compliance

Booth Rental - Legal and IRS Compliance

A long standing custom in the hair salon industry is owners of salons leasing out booths to hair stylists.  If not properly documented and exercised appropriately, the owner opens the door for many legal issues.  Booth rental has both legal and IRS compliance issues that need to be addressed.  Booth rental is legal in many states but you must adhere to several contractual compliance requirements to completely separate your salon from the renter.

This content is for Bronze, Silver, One-Time and Contractor's Diagnostic members only.
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