Take a survey of your employees consisting of one question: “What do you think our net profit is as a percentage of gross revenue?” Chances are that your employees, even members of your management team, will guess in a range… Read More
Blog
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Does Your Personnel Manual Have These 4 Items?
Many companies have personnel manuals they’ve worked hard to put together and have not looked at for five years or more. If you’re one of those companies, or are simply looking to put together a personnel manual for the first… Read More
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Are Your Non-Competition Agreements Actually Protecting Your Company?
I can’t count the number of clients who have called us over the years to request that we either draft or rework the non-competition agreements they present for signature to their employees. What I can count (on one hand, no… Read More
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Here’s Why I’m Going To Fire You
“Here’s why I’m going to fire you.” Sounds like a pretty tough way to begin a conversation. With an opening like that, the entire meeting is bound to be unpleasant. That is, unless you are having this conversation exactly when… Read More
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The 8 Qualities of a Great Employee
I can’t think of a business magazine or column that didn’t, at one time or another, feature a list of things that characterize a great workplace, an excellent boss or a checklist for “employee incentives that work.” As the owner… Read More
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The 5 Ways A Partner Can Exit & How to Prepare for Each
There may be 50 ways to leave your lover, but when you’re a business owner, there are only five ways to leave your company. If you value your company, you will have documentation that adequately addresses each of the following… Read More
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Is Your Company Prepared for the End of Partnership?
Not long ago, I found myself discussing the pitfalls and challenges of crafting a Stockholders’ Agreement among four founders of a new and well-capitalized company. The founders, not surprisingly, voiced the opinion that it is unlikely they’d ever get down… Read More
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3 Partners Who Will Kill Your Company
A business partnership is like a marriage. For this reason, it’s absolutely necessary to not only be very picky when choosing a business partner, but to also know what types of “partners” to avoid in general. Here are 3 types… Read More
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As a Business Leader, are You the Rock or the Hammer?
“Who you goin’ to believe? Me? Or your lyin’ eyes?” That was the question Chris Rock suggested should be asked immediately by a cheating spouse when caught. I see a variation on this theme almost every day. Not too long… Read More
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Guest Article: What Does “Being Relational” Mean?
By Louise Phipps Senft Being relational means living in relation to others in recognition of an interconnectedness with others. It means, in our interactions with others, being engaged, centered, grounded, clear, generous, humble and kind. Each of these attributes has… Read More