If you drive down Main Street in any college town, you are likely to encounter newly developed and/or renovated luxury apartments. Many of these apartments will have rent that outpaces the average mortgage payment in the region.
This is a difficult time for unions throughout United States. The percentage of private sector employees covered by unions is at a historic low. Even in the public sector, unions are under stress due to straitened economic circumstances facing public sector employers and legal challenges to the union's right to collect fair share dues.
If you are a small business owner, you may often consider how you can give back to the community or make a charitable use of your commercial property. Picture this: A local nonprofit is hosting a 5K race and asks to use your business's parking lot as a pre-race staging area. While you would like to help out the nonprofit (and get some good PR in the process), you are concerned about liability. If someone gets hurt at the race, could your business be sued for its involvement? The old saying is that "no good deed goes unpunished," but, with a little planning and foresight, your business can sidestep liability while still meeting its charitable goals.