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When you start a business for the first time, you may not give much thought to how you register your company. When there is so much to do and learn, you might go for the most straightforward option. Yet, choosing a sole proprietorship could leave you personally...
Firing someone is never pleasant, however logical the decision may be. People have bills to pay and families to support. Returning home to say they have lost their job will hurt their pride. The way you handle it can make it easier for them. It can reduce the chance...
Creating an employee handbook might not seem like a priority when you start a new business. However, it is not something you should put off too long. The more staff you take on, the more urgent it becomes. What should your employee handbook cover? Here are some of the...
Well written business contracts are essential for your company's smooth running and the longevity of your business relationships. Yet, situations can change. That is why it is vital to revisit all your business contracts from time to time and ensure they represent...
A buy-sell agreement allows you to pre-define what happens when you want or have to leave a business partnership. By making it well in advance, you can agree on terms that are fair to both sides. If you only make one when you need it, emotions and circumstances could...
As a Florida business owner, you may have had to lay staff off recently. Or perhaps you need to do so soon. If so, you need to take care that a noncompete agreement you had them sign does not become an issue. Are noncompetes valid in Florida? Some states have...
“Castles made of sand fall into the sea eventually.” While Jimi Hendrix was probably not singing about business partnerships, he could have been. If you don’t build your partnership on solid foundations, it will probably succumb to the waves. Most business...
As an employer, you will be aware of the problems a sexual harassment claim in your workplace could cause. You might be proud of the fact that no one has ever reported one. However, this does not mean it has not happened. According to a new report from the University...
When looking at purchasing a company, you need to carry out what is known as due diligence to make an accurate assessment of whether you should buy or not. Failing to do so might mean your investment is a waste of money. It is even more important if you are...
There is more than one way to solve your contract dispute. Many businesses and individual entities dislike litigation for a variety of reasons. Litigation can be time-consuming, costly and be bad for fostering future positive partnerships. This is why many businesses...