What is limited liabilty?
Limited liability is a principle of business law which shields the owners of a business from the business's liabilities. Owners of a business which has limited liability may lose …
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How to Deal with Employee Complaints
Every business must know how to deal with employee complaints. Employees may complain that they were unfairly treated, that the company did not follow its own policies, or that the employees were discriminated against in violation of state or federal law. A proper response to an employee complaint can resolve the matter before it becomes costly and cumbersome. Make Sure Proper …
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Being Squeezed out of a Family Owned Business?
Minority shareholders often find themselves being squeezed out of a business when the majority shareholders decide to get rid of them. While this happens in all kinds of businesses, there are additional reasons in family owned businesses for putting pressure on a minority shareholder to sell his or her shares. A squeeze out occurs when a stockholder is forced to sell his or her stock …
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