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.
