Resources
A succession plan provides for how the business will transition from one family member to another and is part of a good governance structure.
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In Wisconsin, all employers with 15 or more employees are required by law to comply with ADA laws.
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When you start a business, you will want to minimize your exposure so that you do not become personally liable for debts or payments that should be paid for by the company.
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Once a contract is signed, you may only modify it when both parties are in agreement with the changes, and both parties must agree to the changes in writing.
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Warranties and indemnities are both ways to protect yourself and provide you with peace of mind for how to resolve matters in a fair manner if problems arise. They are particularly important in asset purchase agreements where the buyer does not have much knowledge of the working of the business.
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There are four main types of business contracts — leases, sales contracts, employment contracts, and general contracts.
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An ESOP can make employment more attractive and can help to improve turnover rates as well as provide some tax incentives to the company. So how do you begin?
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Per Wisconsin law, most wage employees are owed time and a half for overtime hours, but some workers are exempt from overtime pay laws.
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There are advantages and disadvantages to both options, so it is helpful to learn more before you make a choice. Here are some things to consider.
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Your business is your most important asset, and it is essential to make decisions that are going to help the company thrive and grow. When you are in business with a partner, you likely have a 50/50 partnership. In this case, both partners have an equal stake in the business, and both make decisions together. […]
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