You’ve worked hard to build your business. You’ve developed products or services and the processes, policies, and strategies which drive them. So what do you do when a key employee tells you he/she will be leaving? How do you protect the business systems you’ve worked so hard to develop? Hopefully, you had your key employee […]
Read MoreDue to the use of online marketing, business competition is fiercer than ever. This hypercompetitive environment causes many business owners to wonder how they can stop the poaching of their good employees. First and foremost, this is best accomplished by treating your employees great, paying wages on the higher end of the scale and creating […]
Read MoreWhen most people think about planning for death, they envision personal estate planning. But even if you are already proactive in that area, you may not be finished if you own a business. Succession planning for business owners is at least as important as personal estate planning, maybe even more so because you have a […]
Read MoreIf you co-own a family business with your spouse and you are facing divorce, a likely concern is how your business will be handled through the separation proceedings. The good news is, it’s really all up to you. And, so much of it depends on the legal counsel you have representing you. Much of how […]
Read MoreIf you have decided to take the plunge into the world of small business, you are likely evaluating finance options. Most businesses require some initial influx to cover startup costs. Before you embark on the exciting journey of owning a small business, however, it is important that you evaluate the financing options available to you. […]
Read MoreIt seems like major retailers report breaches of their customer’s private data almost weekly. But businesses themselves are also subject to identity theft, and unfortunately, they are more apt to not discover the theft until much later in the game, after significant damage has been done. Businesses identities can be stolen in various ways. Often, […]
Read MoreIf you follow business news, you have probably heard about the challenges to e-mails associated with LinkedIn’s “Add Connections” feature. LinkedIn is a social network for business. In Facebook, adding people to your network is known as “friending”; in LinkedIn, it is known as “adding connections.” What Did LinkedIn Do? The complaint against LinkedIn alleged […]
Read MoreNerdWallet reports that the S&P 1500 companies have more CEOs named John than female CEOs. The company recently compiled an analysis of statistics from the U.S. Census Bureau and the Small Business Administration related to female business success. Its conclusion: Seven of the best locations for women to start small businesses were in California and […]
Read MoreAs union membership continues to fall nationwide, the NLRB seems to be more closely monitoring company employment practices and policies. The Board is on the lookout for policies that could deter non-union employees from engaging in activities protected by Section 7 of the National Labor Relations Act. What is Section 7? Section 7 protects employee […]
Read MoreNo employer wants to conduct a workplace investigation. But investigating an employee may become necessary to limit the company’s liability exposure, comply with legal requirements, maintain discipline, or protect other employees. And if you have to conduct a workplace investigation, you may think it should be kept confidential. After all, how many times have you […]
Read MoreIn our world of electronic communication, your business needs to be prepared to handle a major risk of litigation in which you could be responsible to produce records, reports and data from your computer network and systems. Electronic discovery could cost your business tens or even hundreds of thousands of dollars, if you are sued. […]
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