Updated: Aug 7, 2022
The current federal minimum wage in the United States is $7.25 per hour, which became effective on July 24, 2009. The federal minimum wage applies to businesses nationwide.
It's important to note that your business will need to post a poster with information about the federal minimum wage and the Fair Labor Standards Act (FLSA) somewhere in your business workplace where employees can easily access it.
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If you are operating your business under a name that is not your legal name then your business will need to file for a DBA at the county or state level. You will also need to file a DBA if you have an
Before visiting your local bank to open a business account, you'll need to meet several bank requirements. The requirements will differ based on your business structure, such as a sole proprietorship,
While the federal minimum wage is currently $7.25 per hour, many states have a higher minimum wage. If your state has a higher minimum wage than the federal minimum wage, your state's minimum wage tak