Grants are awarded on a sq. footage foundation, with $5 obtainable per sq. foot of a company’s new facility. To qualify, tech firms must plan essential upgrades to their facility and create no less than five new, full-time jobs in the metropolis. The Columbus-Franklin County Small Business Recovery Fund helps pandemic recovery all through Central Ohio. Eligible small businesses can apply for as a lot as $20,000 through this system, which lately received an extra $8 million funding increase. Self-employed individuals and sole proprietors can apply for $5,000 grants.
- An “S” company isn’t a matter of state corporate law but somewhat a federal tax election.
- Students learn from school who are experts in their area and leaders of their research.
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- Pays for the medical care and misplaced wages of any employees who’re injured on the job.
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The commonest objective of these associations or unions is “maintaining or enhancing the situations of their employment”. This may embody the negotiation of wages, work guidelines, criticism procedures, rules governing hiring, firing, and promotion of staff, benefits Business News, office security and insurance policies. Where two or extra individuals personal a enterprise together but have failed to prepare a extra specialised form of car, they will be handled as a general partnership.
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