Wenatchee Office located at 238 Olds Station Road, Wenatchee. By appointment call 509-888-7252 or email jim.fletcher@wsbdc.org

Wednesday, August 22, 2012

Health Care Reform

Here is a useful article entitled “After the Supreme Court’s Health Care Reform Decision:  What Employers Now Need To Do” supplied by the law firm of Schwabe, Williamson & Wyatt:  http://www.schwabe.com/Articles/WhatEmployersNowNeedToDo_July2012.pdf

Perhaps it will answer some questions.

Thursday, August 16, 2012

Small Business Advisory: Crowdfunding

Posted by the North American Securities Administrators Association, June, 2012

On April 5, 2012, President Obama signed into law the Jumpstart Our Business Startups (JOBS) Act, a series of legislative provisions intended to facilitate capital formation in the United States. Part of this legislation included the CROWDFUND Act, which makes significant changes in current federal and state securities laws.

The CROWDFUND Act will allow entrepreneurs to raise capital by offering to sell interests in their businesses over the Internet. Under the CROWDFUND Act, a small business will be allowed to raise $1 million in a 12-month period by selling its securities to investors without registering that offering with federal or state securities regulators. However, the Act places limitations on how and to whom a small business can sell its securities. The Act directed the Securities and Exchange Commission to adopt rules within 270 days to implement a new exemption to allow securities sales through crowdfunding.