• Twitter
  • LinkedIn
  • Facebook
  • Instagram
  • Youtube
Login  | Call now: (800) 780-7133
Kapitus
  • Problems We Solve
  • Products We Offer
  • Partner With Us
  • Blog
  • APPLY NOW
  • Search
  • Menu Menu
Regulations for businesses

New Year Means New Regulations for Businesses

January 10, 2018/in Uncategorized /by Wil Rivera

While you are busy trying to stick to your New Year’s Resolutions, remember that 2018 also brings a changing regulatory climate. These new regulations can significantly affect small businesses across the United States.

Don’t get caught off guard! Ensure that you have a plan in place to not only operate under new regulations, but to also handle the disappearance of old regulations that have affected businesses for years.

Here are the top four things to pay attention to as a small business owner in 2018

Possible Changes to Overtime Rules

Just as you might have paid attention to potential changes to the Fair Labor Standards Act (FLSA) by the Department of Labor in the last year, be on the lookout for more changes to come in 2018.

Alexander Acosta, the Secretary of Labor, has suggested recently that he would consider increasing the salary threshold for exempt employees. The current administration believes that the Obama-era FLSA adjustments were too high. Meaning any new increases would be much more modest.

Health Care Reform

It’s a hot-button issue in Washington and is on all business owners’ minds heading into 2018. With Congress having difficulty passing a new health care plan, the president is now making incremental proposals. This is in efforts to fix some of the insurance problems facing the country.

Just earlier this month, President Trump proposed new rules that would allow small business owners to band together to create their own customized health insurance plans. This is for employees that would be exempt from the consumer protections found in the Affordable Care Act (ACA).

If these rules come to fruition, it would save businesses money on the health plans they offer their employees by cutting out some benefits currently mandated by the ACA.

Minimum Wage Increases

While not applicable across the entire U.S., 18 states and 20 cities will be increasing their minimum wage rates starting in 2018. Hopefully you’ve been paying attention, and you are probably well aware of these changes for 2018. That being said, don’t expect any significant changes to the federal minimum wage rates. These increases in minimum wages are often lead at the local level.  This is beneficial for businesses that believe the market will dictate what wage is worth for their area.

If you operate in an area with one of these recent increases, you’ll likely have to make changes to your hiring practices. In addition, this will impact the number of employees you manage.  All of this is to ensure the increase doesn’t negatively impact your business.

Optimism for the Future

With the passage of the GOP tax plan, businesses both big and small are excited to reinvest their newfound savings into equipment and employee benefits among other things. In fact, according to reports included in the Small Business Index for Q4 2017, 63.2% of small business owners are optimistic about the future.

So far, President Trump has held his promise of repealing regulations that he claims are stifling business growth. While it’s not certain which regulations could be rolled back next or whether they are beneficial for small businesses. You can definitely count on less new regulations for the next couple of years.

Share this entry
  • Share on Facebook
  • Share on Twitter
  • Share on WhatsApp
  • Share on Pinterest
  • Share on LinkedIn
  • Share on Tumblr
  • Share on Vk
  • Share on Reddit
  • Share by Mail
https://kapitus.com/wp-content/uploads/2020/01/new-year-means-new-regulations-for-businesses.jpg 1320 2200 Wil Rivera https://kapitus.com/wp-content/uploads/Kapitus_Logo_white-2-300x81-1-e1615929624763.png Wil Rivera2018-01-10 00:00:002020-12-20 13:42:56New Year Means New Regulations for Businesses

LATEST FROM KAPITUS

  • To Rent, To Lease or To Buy:  Obtaining Expensive Equipment for Your Business
  • What Type of Financing is Best for Your Small Business?
  • Essential File Management Tips and Trends
  • Should You Take Out a Business Loan? Consider this Checklist
  • How to Strengthen Your Small Business’ Company Culture

Subscribe To Our Blog For More Tips On How To Grow Your Business

Categories

  • Accounting & Taxes
  • Business Expansion
  • Business Loans
  • Business Productivity
  • Business Productivity
  • Cash Flow Management
  • Claim Your Corner of the Internet
  • Company News
  • Featured Stories
  • Financing
  • Human Resources
  • Industry Center
  • Leadership
  • Legal
  • Living Your Best SBO Life
  • Making Her Mark – Influential Women Business Owners
  • Monthly Must Reads
  • News
  • Operations
  • Raising Capital
  • Recruitment
  • Risk Management
  • Sales and Marketing
  • Tax Center
  • Tax Legislation
  • Technology
  • Technology Center
  • Uncategorized

About Us

  • Media Center
  • Team
  • Careers
  • Events
  • Success Stories
  • The Kapitus Difference
  • Developer Documentation
  • Blog

Products

  • Revenue Based Financing
  • Helix® Healthcare Financing
  • Business Loans
  • SBA Loans
  • Line of Credit
  • Invoice Factoring
  • Equipment Financing
  • Purchase Order Financing
  • Concierge Services

Contact Us

  • (800) 780-7133
  • Email Us

Signup For Our Newsletter

[email protected] Kapitus, LLC or its affiliates. All rights reserved. Kapitus, LLC, Kapitus.com, and the Kapitus logo are registered trademarks of Kapitus, Inc. or its affiliates. | Loans made in California are issued by Strategic Funding Source, Inc. dba Kapitus, pursuant to California Finance Lenders License No. 603-G807.
Sitemap | Terms & Conditions | Privacy Policy
  • Twitter
  • LinkedIn
  • Facebook
  • Instagram
  • Youtube
2018 Small Business Contests 2018 Small Business Contests 12 Must-Have Marketing Apps for Small Businesses 12 Must-Have Marketing Apps for Small Businesses
Scroll to top
  • Whether you want to learn more about our financing options, are interested in becoming a partner or just have a general question, we’re here to help! Simply fill out the form below and we’ll get it directly into the inbox of the right person.

Step 1 of 4 - Tell us about you

25%
  • Sign up for the Kapitus Partner Program!

  • Sign up for the Kapitus Partner Program!

  • Sign up for the Kapitus Partner Program!

  • Sign up for the Kapitus Partner Program!

Step 1 of 10 - TELL US ABOUT YOUR PRIMARY FINANCING NEED

10%
  • Find the right financing product for you.

    Answer a few questions and we’ll match you with the best product based on your needs and current situations.

  • 1. Answer a few questions. You let us know some basic information about your financing needs, so we can find a match.
    2. See your financing matches. You'll get matched with up to four financing options based on your answers.
    3. Apply for financing. You can apply for all of your financing options by completing one simple application and providing a few documents.
    4. Get an Advisor: You have the option to be assigned a financing specialist to help guide you through the application process.
    If you are looking to determine the best financing option for you, our matching tool streamlines the process and arms you with information that you can use before you apply. To match you with your best options, we ask you to answer a series of basic questions about your existing and future needs, current financial health, and your financing preferences – including amount to be financed, ideal terms and financing urgency. Our system then finds you up to four financing options to fit your needs. Once you’re matched, you can expect to be contacted by one of our financing specialists to help you navigate the application and selection processes.
  • Find your financing match


  • Each financing product has its own minimum and maximum requirements around the amount of money that can be acquired through that option.
  • Find your financing match



    • Business Accountants
    • Marketing & PR Agencies
    • Commercial Cleaning Companies
    • Printers
    • Human Resource & Payroll Firms
    • Office Supplies Organizations
    • Salons/Spas
    • Gyms & Other Workout Studios
    • Pet Services Companies
    • Personal Accountants
    • Home Cleaning Companies
    • Residential Landscaping
  • There are financing options created to meet the specific needs of particular industries.
  • Find your financing match

  • Thank you for reaching out to Kapitus. Unfortunately, our financing products are only available for existing businesses and we will not be able to help you at this time.


  • The amount of time your business has been in operation is a deciding factor in the type of financing options available to you.
  • Find your financing match


  • Each financing product has its own minimum requirement for the amount of revenue being brought into a business on either a monthly or an annual basis. In addition, your monthly and/or annual revenue can dictate the length and term on your financing option.
  • Find your financing match


  • Each financing product offers different payback lengths and terms.
  • Find your financing match


  • Each financing product has different paperwork and underwriting processes. As a result, the amount of time it takes to get approved for one type of financing over another can vary significantly.
  • Find your financing match

  • Find your financing match


  • There are financing options for every credit type, however your personal credit score will determine your eligibility for each financing type.
  • We’re finding your match