Employers have specific rules that employees are expected to follow. One course of action that the employer has when those rules are broken is writing up the employee. This provides a formal record of the issue and the rectification of the matter. It’s critical that...
Small business owners have a lot to think about when they’re starting a company. Each decision they make during this time can have a significant impact on their business and their personal life. Because of the risks that come with owning a business, it’s critical...
Protecting a company’s sensitive data has always been important, but this is especially the case in the digital age. When data is leaked maliciously or unintentionally, it can cause the business financial and reputational harm. Outlined below is some useful...
All shareholders want the business they have invested in to prosper. The problem is that they may not always agree on strategies. Shareholder disputes can be highly disruptive to a business, and it’s important to prevent them or resolve them quickly should they occur....
3 alarming signs from a business partner While you may have done due diligence to enter into a partnership with a reliable partner, they may change in the future. They may exhibit characteristics you didn't see before, which can potentially harm the business. Below...
The agreements your employees sign should be clear. No clause or statement should be open to more than one interpretation. Ambiguity causes a significant percentage of contract disputes that can negatively impact a business. Here is what to know: Examples of ambiguity...
There are many good reasons why two or more companies merge to form a single entity. Merging could increase the company's overall value through new revenue opportunities. It can also diversify its products and services or acquire new tools and resources. However,...
Hostile takeovers pose a significant threat to businesses, especially smaller companies with low institutional ownership. These firms often lack the money to fight off aggressive bids. Your company might draw unwanted attention from potential buyers if it has high...
At-will employment is very common in the United States, and it means that employees do not have contracts. They simply agree to work at the business for a specific wage. But there’s no contract in place, so this relationship could end – by the will of either of the...
In many cases, a business owner will leave after selling their company. For instance, maybe your company is in the process of acquiring a smaller local competitor. You are going to take over their operation, gaining access to their intellectual property, along with...
