Business Law

As discussed in previous blogs, preventing legal problems is always preferred over addressing them once they have arisen. As a business owner or business leader, shielding your company from lawsuits, compliance issues, tax problems, and other types of legal trouble should be a top priority. Strong employee training can protect your company from avoidable legal headaches and ensure that your employees properly fulfill job duties. Unfortunately, many business owners sabotage their company’s growth because they underestimate the significance of employee training. Evaluating Your Employee Training Programs Business leaders should regularly […]

In a small business, the most urgent issues may take up the majority of the business owner’s time and attention. However, it is important to take time to consider your company in a “big picture” sense. Is your business headed down a path that will result in long-term success? What issues are you overlooking on an everyday basis that could snowball into serious problems later on? When taking stock of your business, it is important to consider how the company culture is affecting productivity. Are your employees content? Do they […]

As any manager or business leader can tell you, finding and hiring the right employees is a key aspect of growing a successful business. Candidate interviews are typically the best way to determine if a candidate has the right skills and experience for the position. Interviewing job candidates is a skill that takes a great deal of practice to master. Employers should teach hiring managers how to effectively interview candidates and avoid questions that could put the company at risk. Mistakes during the interviewing process not only increase the chances […]

For those with dreams of business ownership, starting a business from scratch may seem like the best option. After all, startups give you the opportunity to develop the business according to your exact specifications. However, there are considerable disadvantages associated with this approach. For many entrepreneurs, buying an existing business is the better option. If you are interested in buying a business, expanding an existing business, or selling a business, consider these lesser-known alternatives in addition to the traditional approaches.    Stock Purchases and Asset Purchases In an asset purchase, the […]