Your business doesn't need to have multiple locations or hundreds of workers to benefit from an employee handbook. You only need to have a handful of workers to make the creation of a handbook a worthwhile endeavor. Every new staff member you hire increases the amount...
Year: 2021
Prevent the problem of scope creep before it arises
As a responsible business owner, you always have one eye on your bottom line. But lately, one of your projects keeps eroding your profit margin due to the problem of scope creep. While you are committed to keeping your clients happy, you realize that you must draw a...
How is intellectual property handled in a partnership?
Partnerships often start out when two or more people realize that they have a similar vision. They seek to bring something individually and collectively to the table that can move a company toward that shared vision. In some cases, one partner might have intellectual...
Can you fire your business partner?
You still like your business partner, and the two of you get along, but it’s just become clear that they are not the right person for the job. You made a mistake when you launched the business, and now you want to cut them loose and either run the company on your own...
What does unfair competition mean in the business world?
Those who own and operate a company in Florida have worked hard to create a thriving business. When another party resorts to fraudulent business activities, your company may begin to suffer. In the business world, this is called unfair competition. Essentially, unfair...
3 ways to deal with conflict as a business owner
Despite wanting to avoid it, the likelihood is that you will have conflict that involves your business at one time or another. The good news is that there are methods for handling conflicts, so you can resolve them and make your business strong as a result. Three ways...