Occasionally, employers must deal with the experience of an employee stealing money or property from the business. Not only is it upsetting that your employee stole from you, but you are also responsible for deciding whether to report the theft to authorities, that you get as much of the money back as you can, and that you review your business operations to prevent future employee thefts from happening.
As a Business Entity Formation Attorney, I know that choosing the right business entity for your company is a big decision. You have a lot of different options. You could form your business as a sole proprietorship, a corporation, or a limited liability company (LLC), among other business structures. Each type of business structure has advantages and disadvantages, so each structure needs to be evaluated in light of your business’ particular needs. Below are seven key differences between sole proprietorships, corporations, and LLCs.
Deciding to start a business is an exciting time for an entrepreneur. The empowerment of being your own boss and the excitement of creating something that is your own is challenging but exhilarating. But before you can start your business, there are several things that you must take care of first to make sure that you comply with the law. Below is a list of the first five steps that you should take when you are forming a business in Raleigh, North Carolina.
As a Dispute Resolution Attorney, I’ve occasionally consulted with business owners in Raleigh dealing with a customer who is unwilling to pay you for the services that were provided to them. As a Dispute Resolution Attorney, I’ve occasionally consulted with business owners in Raleigh dealing with a customer who is unwilling to pay you for the services that were provided to them. When a customer does not pay you for services you have rendered, there are steps that you can take to seek payment from the customer.
As an employer, it is only natural that you want to retain your most talented workers. You don’t want your best employees to take their talent and everything they know to a business competitor. As this is a concern for many employers, it is not unusual for employers to incorporate non-compete clauses into employment contracts with their employees. Non-compete contracts are designed to restrict the employee’s ability to work for a competitor for a certain amount of time after leaving the company. Non-compete clauses in employment contracts are essentially meant to protect your business and prevent workers from taking business from your company and diverting it to a competitor.