Your company has to attract talent. It's how it grows and flourishes. The right employee or executive can give your business the edge it needs to be successful.This demand for talent means successful individuals will command a high salary. CEOs and leadership...
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SCOTUS to rule on arbitration and independent contractor issue
Employment contracts are often subject to the Federal Arbitration Act (FAA). This law encourages the resolution of legal issues through the use of arbitration instead of traditional litigation.An issue arises: Does the law apply to independent contractors in the...
Considering a real estate joint venture? Avoid these mistakes.
One way to better ensure a successful business venture is to avoid common mistakes. When it comes to real estate joint ventures, some common mistakes that can result in serious headaches include:Failure to clarify responsibilities. It is wise to clearly state each...
FBI warns public of real estate transaction scam
The Federal Bureau of Investigation (FBI) released a publication to inform the public of a scam that specifically targets real estate transactions. As a result, the agency has encouraged vigilance before moving forward with a real estate transaction.What is this scam?...
TX case questions enforceability of non-compete agreement
If structured wisely, a non-compete agreement can result in a strong agreement that protects business interests while also being fair to employees. A failure to carefully draft the agreement increases the risks the document will not survive a legal challenge. A case...
Young entrepreneurs: Three things to know about patents
With the right intellectual property, entrepreneurs can flourish in their market. Since intellectual property can play such a large role in a business' success, it is wise to take steps to protect this technology. One way to achieve this goal: a patent.Here are three...
Successful succession: 3 things to learn from Alibaba’s evolution
Alibaba Group Holding Ltd. is one of the largest and most successful businesses of our time. This e-commerce giant has provided a number of lessons for entrepreneurs. One of the most recent: how to successfully execute a business sale or succession plan.The...
Business succession planning: Avoid these common mistakes
Building a business is difficult. Succession planning can be just as challenging.Why does my business need a business succession plan? A proper succession plan helps to better ensure a smooth transition. As with any plan, knowing the most common mistakes can prove...
Three considerations before changing an S-corp to a C-corp
When chosen wisely, the right business structure helps to provide liability protection and can offer tax advantages. Certain changes can trigger a need to reevaluate the chosen structure. One such trigger: a change in tax law.Rarely is there as large a change to tax...
Meeting The Retail Property Challenge
For the past several years, you have probably seen empty retail space with for lease or sale signs in increasing frequency. Since the Great Recession and widespread adoption of online shopping, retail properties from suburban strip malls to substantial regional...