Understanding the Basics of Acquisitions

An acquisition is a financial term that describes what happens when an organization develops its competences and resources by taking over a different company. There are many different types of acquisition strategies. More information about the various strategies can be obtained through General Equity – Acquisitions.

Acquisition agreement

Some of the popular strategies include single purpose documents and standalone acquisitions, as well as multi-purpose documents, which are more comprehensive. Regardless of the chosen strategy, the goal of an acquisition strategy is always to minimize the cost and time used to obtain a specific, validated need and this is achieved through sound business practices and common sense.…

Continue reading

Election Season Law: The Offline and Online Legal Threats of Donald Trump

As you certainly know, real estate mogul turned reality star, Donald Trump, is running for president. And though the “fire-happy” billionaire is a hit amongst some people, not everyone is enamored by his personality – including Fox News, an anti-tax initiative and an online e-tailer.

Donald Trump, Presidential Campaign 2016

But in true Donald fashion, he is not taking the criticism quietly. Instead, he’s lashing back via Twitter and threatening lawsuits.

Is the presidential hopeful on the right side of his current feuds? Or are his legal assertions just political theatrics?

Fox News Faux Pas Elicits FCC Demand From Trump

Perhaps unexpectedly, one of Trump’s main rivals is Fox Newser, Rich Lowry.…

Continue reading

Three Good Reasons to Involve Probate in a Will

As the CEO of a company, your life and your ability to continue to contribute to the business is vital to the success and health of the company that you run. It is why you probably have key person insurance for yourself and any other important key decision makers, such as your CFO.

Last will and testament

However, there are things that you’re probably not considering, such as your private will, as something that could affect your company. If you never think about how your private will can impact your business, well, you should start thinking about it today.

When writing a private will that also involves the ownership of your business, you need to be careful because it can cause everything that you’ve worked so hard for to grind to a stop or even possibly destroy it.

Continue reading

Workplace Fire Safety: 5 Things to Improve

Did you know that 40 percent of businesses never reopen following a natural disaster, like a fire? Indeed, workplace fires can be devastating – not only to your employees and everyone else who are in your business premise but also to your company.

It is clearly your responsibility to prevent workplace fires – neglecting it can cost you a lot, even can land you to prison!

Blocked emergency exit

Fortunately, workplace fires are not something that business owners can’t prevent. The key is in the planning and plan execution.

To help you out, here are five things to consider when planning for or improving your company’s fire safety procedures:

1.

Continue reading

Here’s What You Need to Know About Trademarking Your Company Name

If you’re a small business owner or entrepreneur, you probably don’t need to be told how important it is to protect your company name and logo. The hit to your business if some other company started using your name or logo could be substantial. Trademarking your company’s name and logo is one of the best things you can do to protect your intellectual property from infringement.

Brand

You can use the trademark (TM) logo without having a registered trademark, but registering your mark is what gives you the right to take intellectual property infringers to court. You should trademark your company’s name at the same time as or soon after you file for incorporation.…

Continue reading

Knowing your Rights as a Contract Worker

Although the law is fairly clear on the standards that employees should expect in the workplace, the situation for contract workers can be a lot more confusing, with some assuming that they have no rights at all. In fact, there are a number of laws in place aimed at providing you with safe working conditions, and if something goes wrong because one of them is breached, you could well be entitled to take action.

Busy contract worker

Knowing where you stand is the first step to protecting yourself and those around you and making sure you’re treated with the respect you deserve.

Risk awareness

At first glance, some workplaces seem so much safer than others that it’s hard to imagine accidents happening there.

Continue reading

Smart Tax Strategies for Audit-Proofing Your Small Business

Going through an audit can be nerve-wracking and time-consuming. Most business owners would rather pull their own teeth out than deal with the IRS. Here’s how to survive the ordeal and avoid future audits in the future.

Small business tax woes

Outsource Your Accounting and Tax Work

If you want to avoid a lot of trouble with the IRS, pay someone else to deal with them for you. Outsourcing your tax and accounting work is one of the best moves a small business can make. Too many businesses mistakenly believe that they must do everything themselves.

In some ways, their entrepreneurial spirit “forces” them to “take on the world.”…

Continue reading

USA Mobile Drug Testing Shares what Employers Need to Know About Marijuana Legalization

With approximately 20 states and the District of Columbia legalizing the use of medical marijuana, drug testing has become a particularly hot topic for employers. Many of them are confused about what legalization means and what impact it has on them. That may be especially true in Washington, Colorado and as yet to be determined states where recreational marijuana use is now legal or may be legalized in the future.

Marijuana legalization issue in the workplace

Rich DeMatteo recently interviewed David Bell from USA Mobile Drug Testing, explaining it from an employee perspective, so we thought it would be a good idea to cover it from an employer’s perspective.…

Continue reading

Licensing and Permissions for Planning a Public Event

If you are planning on running a public event, there are a number of procedures that you will need to go through, including obtaining permission or a specific licence from the relevant authority in your area.

Crowd at a public event

It is not uncommon to actually need more than one type of licence for an event and this could involve things like obtaining an alcohol licence or getting consent to erect a temporary structure like a Smart Space building that you are using to host the planned event.

Here is a look at what is involved in planning a public event that is fully compliant with all the relevant rules and regulations that are likely to apply.…

Continue reading

Legal Considerations for Your Family-Owned Business

According to CPApowered.org, as much as 70% of family-owned businesses will not survive a transition to the next generation (SOURCE IN MINUTE ONE OF VIDEO). Considering that small and mid-sized businesses are the backbone of the American economy, that number is quite staggering. If you are planning on getting into business, you already have a lot on your plate. Thinking about the future may not be on your mind but it should be.

Father and son in a family business

Not every business owner has to be a lawyer, but you are expected to have a basic understanding of laws and how they may affect your business.…

Continue reading