Entries for May 2011

Are you working for or with a company that has promised you ownership or profit sharing?  Do you have this promise in writing?   I recently met with an intelligent go-getter who was a bit naive about business.  Two years ago he began doing business development for a local company.  The owners of the company had promised to rewa...

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This morning I attended a presentation at the Las Vegas Chamber of Commerce by Nevada Secretary of State Ross Miller.  He spoke about our state's economic climate and the changes his office has been making to ensure Nevada remains attractive to businesses. Currently, Nevada is second in the country for commercial filings.  New entity fil...

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Who is going to break a tie when you and your business partner don't agree on something?  Sure, in the beginning business partners never argue, they never disagree and they certainly wouldn't let the business suffer because of a little spat...  It's when the business starts making (or losing) money that business partners often find themse...

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 A nondisclosure agreement is often used by business owners who want to protect ideas they share with others from being stolen.  Like every contract, it's only as good as the people signing, but I discovered the other day that business owners don't always know HOW to handle a nondisclosure agreement.   I met with a potential cl...

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