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Maryland minimum wage goes up and new laws take effect

Associated Press/Baltimore Sun- http://www.baltimoresun.com/news/maryland/politics/bs-md-new-laws-take-effect-20180701-story.html July 1, 2018, 4:20 PM Maryland's minimum wage is going up. The new $10.10 an hour wage went into effect Sunday. It's the last of the phased-in increases that were set by Maryland lawmakers in 2014. The first increase from $7.25 to $8 took place in 2015....

10 Tips for Women to Excel in the Business World

In business school and in the workplace, women may face unique challenges and, therefore, must find unique ways to overcome those challenges. While each woman’s experience is different, preparing for certain situations and knowing how to handle them can help women succeed academically and professionally. Check out these business...

SBA Loan Programs

SBA Loan Program         7(a) Loans-Max $5Million        *Must be a for-profit business & meet SBA size standards; show good character, credit, management, and ability to repay. Must be an eligible type of business.        *Prepayment penalty for loans with maturities of 15 years or more if prepaid during...

Employee or a Contractor?,..Tips for Businesses Owners to Identify and Classify

A business may pay an independent contractor and an employee for the same or similar work, but there are important legal differences between the two.  For the employee, the company withholds income tax, Social Security, and Medicare from wages paid. For the independent contractor, the company does not withhold taxes. Employment and labor laws also...

Prescription for Business

As March begins, what is your Prescription for Business? We would like to share with you some of the things business owners can be doing to improve their business… 1) At the beginning of each month, you should be reconciling your accounting system. For example, after all bills are...

13 Week Accelerator Programme for Baltimore Start-Ups

The ETC (Emerging Technology Centres), Baltimore city’s award-winning technology and innovation centres, is calling for applications for the seventh year of its seed stage accelerator programme. The ETC will select six tech startups for the 13-week Accelerate Baltimore (AB) programme set to begin mid-March. The Abell Foundation has awarded ETC $250,000...