Employees are absolutely necessary to build and grow a profitable business. Often, in fact, they are considered a business’ most valuable asset. But—whether at the hiring, management, or firing stage—poor employment practices can have disastrous financial or legal repercussions. Proper hiring and training practices are essential to ensure that you bring on qualified employees who […]
Three Costly Employment Mistakes Read More »
Business owners have insurance to protect their business assets in the case of liability loss or accidents. They create business entities—LLCs or corporations—to protect their personal assets. It makes perfect sense that they would also want to protect the business’ services and products from unfair competition by a former employee. Noncompete and other “restrictive covenant”
What Every Business Owner Should Know about Florida Noncompete Agreements Read More »
A business’ value is a function of many hard and soft factors. Of course, revenue and cash flow are vital to determining value, but the likelihood that the cash flow will continue in the future—or rather the risk that it will stop—is another vital component of business value. Business owners often overlook the role that
Protecting Business Value with Employment Agreements Read More »
If you were a kid in the 70’s, you’ll remember a TV show called The Six Million Dollar Man. It was about a man who was rebuilt with bionic implants that let him achieve incredible feats and protect the United States from the Commies. Plus, there was also a really cool sound effect when he
The $20,000,000 Non-Compete Read More »
