Owning a small business is not for the faint of heart. It's hard enough to keep your head above water at any time, and it becomes exponentially more difficult in a tough economic climate. Here are 5 tips that can help you weather the financial storm.
Your business' success, market share, and goodwill can be threatened by a departing employee who has intimate knowledge of your trade secrets, intellectual property, processes, and confidential data that could be used to the advantage of a competitor. That's why you should be using a Non-Competition Agreement (also called a Non-Compete Agreement).
A parental consent letter, stating that the adult in charge has the parent's or guardian's permission to travel with the child and authorizing him/her to make decisions on behalf of that child, is now essential - especially if traveling out of the child's country of residence. It should be signed by every person who has custodial rights over the child.
We've all had one - an employee who just can't seem to get to work on time. Whatever the reason, chronic lateness attracts the attention of everyone in the workplace and affects productivity. That's why a tardiness policy is so important.
It's a nightmare to think about - a roofing contractor working on your house slips and falls off your roof, resulting in serious injuries. You have many sleepless nights wondering if he's going to sue you. What can you do to protect against such risks?
Building a business is hard work, and building a successful business is even harder. It takes commitment, nerves of steel and a dedicated team. Every SMB owner can point to one or more employees who have gone the extra mile for the good of the business. These people are the backbone of your team, and their efforts, dedication and loyalty should be rewarded with something more than an extra couple hundred bucks in the Christmas card.
You loaned money to an old friend. Things started off well, and he made a couple of payments. But now three months have gone by without a payment, and he's avoiding your calls. You're faced with a dilemma - he's an old friend and you don't want to ruin the friendship, but you can't afford to just write off the money you loaned him. Should you sue him?
The two most common methods of property co-ownership are joint tenancy and tenancy in common. These two forms of co-ownership differ greatly, particularly with respect to disposition of the property. Here are three scenarios in which tenancy in common ownership is recommended.
A party wall is a common wall that divides two adjoining buildings, units or apartments and shared by the occupants on each side. A party wall usually provides structural support and/or fire protection between the two buildings or units but its maintenance and upkeep can cause rifts between neighbors.
Are you considering buying a franchise? Here is a list of 14 additional questions you should ask a franchisor that are not fully answered by the disclosure document.
