Noncompete Agreements: How Solid Is Yours?
Noncompete Agreements: How Solid Is Yours? There are many misconceptions and assumptions regarding the use and effectiveness of noncompete agreements. This is not too surprising considering that judicial enforcement of these agreements is very fact-intensive and situation-specific. There are no bright-line rules to help business owners determine whether a noncompete agreement will be enforceable, so […]
What Is a Nonsolicitation Agreement, and Should I Use One?
What Is a Nonsolicitation Agreement, and Should I Use One? You have invested a lot of time and money in developing your employee, customer, and vendor relationships. You cannot stop your employees from walking out the door, but you may be able to limit their ability to take other employees and business relationships with them. […]
What to Include In Your Service Agreement
What to Include In Your Service Agreement Small businesses account for nearly half of the economic activity in the United States. To successfully compete with bigger competitors, small businesses are increasingly outsourcing to improve their efficiency and lower costs. Outsourcing allows companies to expand their competencies in key areas without taking on additional full-time, in-house […]
The Dangers of DIY Contracts
The Dangers of DIY Contracts Contracts are an essential component of effective business management and development. Savvy business owners recognize the value of contracts but often explore ways to reduce the cost of obtaining them. In some instances, business owners attempt to create their own contracts by using templates available online. However, creating […]
How Do I Obtain a Business Loan?
How Do I Obtain a Business Loan? Small businesses are the backbone of the US economy, accounting for nearly half of the country’s economic activity, creating two-thirds of new jobs, and driving innovation—and business loans are the backbone of small business growth. Lenders provided over $644 billion in small business loans in 2019, according to […]
Mixed Response from Businesses After SCOTUS Ruling on Vaccine Mandates
Mixed Response from Businesses After SCOTUS Ruling on Vaccine Mandates On Thursday, January 13, 2022, the Supreme Court’s ruling blocked President Joe Biden’s vaccine-or-testing mandate for large employers. Meanwhile, the Covid-19 omicron variant caused various business owners to question if this was truly a wise, timely decision after all. _____ “Ed Enoch, partner at the […]
What Is a Promissory Note and When Should I Use One?
What Is a Promissory Note and When Should I Use One? You have probably heard the term promissory note, but do you understand what a promissory note is and when one can and should be used? A promissory note is simply a written promise to repay someone who has loaned you money. More specifically, it […]
Financing a Business: Evaluating Your Options
Financing a Business: Evaluating Your Options Financing is the lifeblood of a business. During good times, business financing can help entrepreneurs purchase assets, expand products and services, add a new location, and hire more staff. During more difficult times, business owners may require financing just to continue their current operations. A business may also be […]
What Is a Business Grant and How Do I Obtain One?
What Is a Business Grant and How Do I Obtain One? A business grant is a form of financial assistance given to a company by a government agency or private organization for a specific purpose. Grants, unlike loans, do not need to be paid back. Despite this benefit, finding a grant that your business qualifies […]
Religious Exemptions from COVID-19 Vaccine with Ed Enoch
Religious Exemptions from COVID-19 Vaccine with Ed Enoch Click here to watch Ed Enoch discuss religious COVID-19 vaccine exemptions in the workplace and how to handle this situation.