KEY GUIDELINES IN SELLING A BUSINESS (PART 2) Many business owners eventually decide to sell their companies, though the reasons for such divestment vary widely from individual to individual. Some owners may simply wish to retire, while others are impatient to investigate new challenges – whether in business or some […]
KEY GUIDELINES IN SELLING A BUSINESS (PART 1) Many business owners eventually decide to sell their companies, though the reasons for such divestment vary widely from individual to individual. Some owners may simply wish to retire, while others are impatient to investigate new challenges – whether in business or some […]
FRAMEWORK FOR DETERMINING WHAT TYPE OF BUSINESS ALLIANCE IS REQUIRED The framework for determining what type of business alliance is needed is a high-level framework and can be determined by answering the five questions listed in Figure 1. Each question is reflected in a separate step in the framework, with […]
FRAMEWORK FOR DETERMINING THE NEED FOR A BUSINESS ALLIANCE Defining “Alliance” The definition of the word “alliance” varies from executive to executive, company to company, and industry to industry. Companies that have entered into alliance don’t necessarily agree on what is meant by “alliance”. The fact is that there are […]
HOW TO CRAFT EMPLOYMENT CONTRACTS Employment contracts are written agreements between an employer and an employee that detail the workplace duties and responsibilities of the employee and the compensation that the employer provides in return. Employment contracts typically lay out the wages, bonuses, vacations, medical leaves (including maternity/paternity), stock options […]
FUNDAMENTALS OF WORKPLACE PRIVACY Employee privacy issues have surged to the forefront of the business press in recent years, spurred by the changing workplace dynamics and a litigation-conscious business environment. Observers say that advances in telecommunication, coupled with heightened concerns about vulnerability to litigation, have exacerbated management concerns about monitoring […]
EMPLOYEE LEASING PROGRAMS Employee leasing programs are arrangements in which businesses lease their employees through an outside contractor that attends to the various personnel-related activities commonly associated with human resources management. Employee leasing programs have become particularly popular among small- and mid-sized companies, who view leasing as: a viable option […]
HOW TO AVOID CONSTRUCTIVE DISCHARGE LAWSUITS The term “constructive discharge” describes a situation in which an employee is forced to quit a job because the employer has made working conditions intolerable. Working conditions may be considered intolerable, if, for example the employee is discriminated against or harassed, or if he […]
WHEN INDUSTRY ANALYSIS BECOMES A NECESSITY FOR SUCCESS Industry analysis is a tool that facilitates a company’s understanding of its position relative to other companies that produce similar products or services. Understanding the forces at work in the overall industry is an important component of the effective strategic planning. Industry […]
ELEMENTS OF EQUIPMENT LEASING CONTRACTS A lease is in essence an extended rental agreement wherein the owner of the equipment (the lessor) allows the user (the lessee) to operate or otherwise make use of the equipment in exchange for periodic lease payments. There are a number of reasons that companies, […]
