Employment contracts are an essential part of any business as they protect both the company and the employee by outlining the terms and conditions of employment. Companies invest a lot of time and resources into training their employees. They want to ensure that their...
Business Law
2 steps for employers to keep sexual harassment out of the workplace
Every employer has a responsibility to create and maintain a workplace that is devoid of all forms of harassment. Besides being a legal obligation, this also makes business sense. If you let workplace harassment take root in your organization, you could pay a high...
Limiting legal risks can prevent business litigation
Operating a business comes with many risks. For example, starting a new business can put your finances and reputation at risk. Risk can pave the way for great rewards in the future, but it is essential to limit the legal hazards inherent to running a business. Doing...
Can a business require its workers to sign non-compete agreements?
When companies refer to their workers as liabilities, they don't just mean the obligation to provide a paycheck. Employees can also engage in misconduct on the job that results in damage to the company or even sexual harassment lawsuits from other workers. They can...
How can you prevent a business dispute?
A business dispute can be frustrating to deal with, but fortunately, there are ways that you can avoid having one. While conflicts aren’t always avoidable, you should be able to avoid most disputes by taking precautions. Some of the things you should do include...
Is your company handbook legally binding?
You have a company handbook that you give to all of your new employees. It lays out specific rules and regulations in the workplace. For instance, it may tell workers that they will get two warnings before being fired unless there are exceptional circumstances....
Preventing partnership disputes from ruining a company
Business partnerships enable each owner to put their strengths together so they can build a strong company. All partnerships have issues at some point. How you and your partner handle those can have a direct impact on the health of the business. One of the best ways...
Why would you choose to buy a business?
One of the cheapest ways to start a business is just to do it all yourself and build it from the ground up. You can put in as much time and money as you have, letting things grow over time until your business fully supports you. Another option, though, is simply to...
Is it time to convert your sole proprietorship to an LLC?
You started your business on your kitchen table -- and it’s succeeded beyond your wildest dreams. What started out as a side gig has become your full-time occupation. Is it time to convert your sole proprietorship to a limited liability corporation (LLC)? It just...
Being proactive reduces the chance of employee litigation
State and federal laws guarantee workers’ right to a workplace free from harassment or discrimination. Most employees have better things to do than take the company they work for to court. Yet, many do each year. It’s typically not that they want to but that they feel...