ASSET PROTECTION FOR YOUR BUSINESS
Asset protection strategies for your business may included setting up a separate company to hold and lease out the equipment.
Tag: ENTREPRENEUR
TRADE SECRET OR PATENT: WHY ONE OR THE OTHER?
Why and how to protect your special business formulas and processes by using trade secret protections, a short article.
SELLER FINANCING OF THE SALE OF A SMALL BUSINESS
I’ll start this article by saying that I’m generally against seller financing of the sale of a small business. Too much can go wrong, as I’ll set out below. Let’s define what I mean by “seller financing of the sale of a small business.” A […]
“At-will” v. “For Cause” Discharge: It Can’t Be Both
At-Will and For Cause are two conflicting employment terms that should not appear in the same C-level or key employee contract.
PRESERVE DEFENSES TO EMPLOYMENT CLAIMS: PAPERWORK
Preserve your employer defenses to employment claims by documenting the reasons for the discharge and following procedures.
UNEMPLOYMENT: THE AMBIGUOUS CLAIM TO DEFEND
Whether an employee was discharged or quit the employment often was the first thing I needed to determine when ruling on unemployment cases. This post discusses what factors I would consider when ruling on these cases.
“Quit” v. “Discharge” under NC Unemployment Statutes
As I discussed in my last blog post (http://www.palermolaw.com/discharge-for-misconduct-under-nc-unemployment-laws/) the threshold decision I had to make as an administrative law judge ruling on unemployment claim appeals was often whether an employee quit the employment, or was discharged by the management (we don’t say “terminated” because […]
How To Take Profits Out of Your Business Now
Money! Okay got your attention. The topic is how do you get money – profits – out of your business. It’s not as simple as sticking your hand in the register, or writing yourself a check, especially when there are multiple owners involved. There’s a […]
Business Succession Planning: What Is It?
Does your business have a plan to continue operating if a key owner unexpectedly leaves? Don’t leave succession to chance. It’s not just for majority owners, but minority owners are served by having a plan in place.
Interim Succession Planning for business continuation
What is your business’s interim succession plan when a key owner or manager leaves unexpectedly? Here’s some information to get you started.