William A. Thomas and Associates

08/12/2023

Your Company cleans work/sites & the contractor doesn't pay you, what do you do? Type "What?" In the comments to find out what Rachel did.

06/21/2023

We have lawyers you can make confessions to and get really great advice! Call us or inbox.

06/15/2023

You treat your Kids and Step Kids equally. When you Leave earth the State doesn't. Comment if you'd like a way to fix that.

06/10/2023

Truly sad, but most small business owners go at it alone. Ask us how we protect small businesses and even out the playing field.

Just last week, Ashley McCoy's restaurant officially opened. She now has 60 days to vacate the space.

06/10/2023

9/10 startups failed within the first 5 years. With a boost in startups during/post-pandemic that number may be worse. What are your thoughts and why?

05/10/2023

An Associate is like a Friend with a Common Purpose. Let us Serve your needs.

05/09/2023

Have an LLC for a rental property?
If you own or plan to own rental property, it’s a great idea to have a limited liability company. The tax status that you elect for your LLC can cost or save you taxes. More in comments.

01/29/2018

Lets talk about contracts. In business you will inevitably deal with people or entities that represent people. Since most individuals and businesses do not own crystal balls, one way to hedge your risk in such dealings is the implementation of a contract.
So what is a contract anyway?
In it's simplest form -a contract is an agreement, that sets out a promise that can be enforced in a court of law.
What are some examples?
Have you ever:
Signed a utility, vendor, or subcontracting agreement?
Agreed to terms and conditions of a website?
Entered into any of the various options for business entity formation or Partnerships?
Taken out a loan: personal, mortgage, open lines of credit, auto, business, etc?
Enrolled your child in school or taken your child to the hospital/doctors office?
Entered into a contest?
Accepted terms of employment or have been in the position of employer?

This list can go on and on, but the average person signs contracts more often than they think and the average business person under utilizes the power of formal contracts.

Our firm not only understands the importance of utilization of contracts, but we strive to make sure that our clients have a better understanding of the contracts they sign or the contracts they need to implement the goals that they have.

For a free consultation regarding contracts give us a call today.

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12/01/2017

How often have you been told to protect your personal assets from being acquired by creditors through the mistakes of your business? On and on about how a sole proprietorship is one of the worst forms of business and that a partnership is twice as bad. C Corp, S Corp, LLC, Lp, etc are some of the entity choices that come up. While this may be sound advice it is only half the story in some cases. A business entity can operate as a one sided shield. Very often, some attorneys, and business planning professionals leave out options for protecting the business itself from your personal actions and deeds. In Pennsylvania recent legislation has introduced the usage of charging orders as a possible remedy for collectors. Because of the lack of precedence we advise to meet with one of our business solutions specialists to discuss your needs and the direction of your business. Shoot us an email or give us a call, but do not go at it alone as those waters are infested with things worse than sharks.

11/17/2017

Small businesses are the lifeblood of the American economy.

11/09/2017

At times a scam can be based in truth. But without knowledge of all of the facts many business owners and individuals find themselves succumbing to such scams without knowing it. A letter in the mail today actually reminded me I've such a situation. This was a labor law compliance notice. The unnamed company was writing to advise that one of my new entities would be required to post a labor law poster which I can purchase for $84. Now even though there are regulations regarding the federal labor laws, the fact is these posters are available for free. Here at William A.Thomas and Associates we understand the value of having expert Council before you make purchasing and and other business decisions. Call or email to schedule your own personal or business risk analysis.

09/28/2017

This may sound crazy, but I HATE PASSWORDS! Different passwords for different things. How can you remember them all?

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