Once you decide to start a business, it’s critical to choose the appropriate structure. With so many to choose from, you’ll want to compare the pros and cons of each one, thinking about the impact on your organization now and in the future. Your options run deep,...
You have an employee whom you consider a “temporary” worker. They have been with you for a few years, but they always seem to look like they want to move on to a different company. You’ve been patient, but every time you ask them to work overtime or to stay late, they...
Entrepreneurs often have many concerns before purchasing a business. A common is that the former owner will set up competition right down the street, potentially harming their ability to create value and turn a profit. Luckily, new owners can avoid this hassle by...
Many know what it’s like to have a friend, loved one or coworker pass away at a moment’s notice. The pain and agony it can cause often leave their loved ones feeling distressed and their coworkers and managers often lose a valuable team member. As family, friends and...
Finding the right method to fire an employee can pose challenges for businesses. This is because the process can come with various risks. If employers fire an employee on a whim, it may lead to a lawsuit or a violent retaliation. However, businesses do not always...
Employees can be both a business's biggest asset and liability. While many employees create value and help establish the culture of a workplace, others can cost a business time and money for a variety of reasons. If that's the case, employers should terminate the...
For business owners, inventors, and creatives, intellectual property is the source of their livelihood. In order to protect this livelihood, it would be a good idea for these people to consider placing some sort of legal protection on their work. There are three main...
Recently, the U.S. Supreme Court turned back a case involving Title III of the Americans With Disabilities Act (ADA), which helps ensure that people with disabilities are given access to businesses and the market. The high court left in place a ruling by the Ninth...
With the advent of the internet, one commodity has quickly become an incredibly valuable resource: consumer data. It seems like every website, product and service these days requires users to share some type of personal information. This makes keeping watch of your...
The business world sometimes runs at lightning speed, especially in the high-tech industry. Tech startups constantly must think about keeping up with competition and tech innovations, which may lead entrepreneurs and startup owners to put off important steps to...