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Starting a business is exciting, and when you go into this, you have only the best outlook for the future. You may even take on a partner to help reduce your workload and complement your skills and abilities. While partnerships can be successful, there are situations...
If you are rendering your services to an organization, you are basically an employee or an independent contractor. How your employer classifies you is important because it determines what benefits and protection you are entitled to receive (and what you are not). ...
Has your company grown to the point where you need employees to share some of the workload? Many companies start and end with only a single employee – themselves. Others become so successful that outside help is necessary. Those who have never been the boss must take...
Have you considered forming a business partnership? A business partnership could give you many opportunities that your business has previously not had. However, anyone can be your business partner, but that doesn’t mean anyone should be. You should be careful who you...
Discrimination reports in the workplace can be reported at any stage of employment. The U.S. Equal Employment Opportunity Commission (EEOC) prohibits workplace discrimination. Thus, employee need to be protected from unfair treatment. Here is what to do when an...
Mergers and acquisitions have become common in the business world as ways of accelerating growth, increasing market share and accessing new markets. However, such deals can be complex and risky. Many companies have failed to achieve their intended goals or even ended...
Good contracts are crucial in business. Poorly made ones make it more likely you end up in a costly contract dispute. If you get to court, the judge will look at the contract's validity. Here are some things they will check before deciding whether there is anything...
It is standard practice in most industries for an employee who is quitting to give two weeks’ notice before they leave. As a business owner, this gives you time to find a replacement. You may also decide to simply shift your workforce around to absorb the loss of that...
Succession planning is one of the most critical decisions a business owner can make for their company’s future. Having a mindful and well-thought-out succession plan can help ensure your business stays in good hands no matter what happens. Not only does it ensure that...
When many people talk about age discrimination, they are really referring to discrimination against older workers. For example, maybe someone who is in their 50s keeps trying to get an office job but is never really considered because only recent college graduates are...