I started a new business with a partner three months ago. He had the money but no experience while I had the experience but no money. His initial investment was $15,000. Mine was $0.
Since then, I feel as though certain stipulations in our operating agreement have been breached. He has withdrawn all funds from our company account and will not allow access to bank statements, transaction statements, etc. We purchased a van using company funds but it is registered in his name.
I'm starting up a children's art-class business in my home and would like to know how to protect myself from being sued in case of injuries. I can't afford to pay for insurance. Although I don't have anything dangerous in my studio, I would rather be safe than sorry.
Our company has paid holidays for salaried employees and we ask the hourly workers to not work on those days. This means, of course, that they don't get paid. We offer them the ability to work extra hours other days that week so they don't lose any money. But one hourly employee is challenging us on not allowing her to work on those holidays (she does not work in the office, more out of the office). Are we OK to ask her to not work those days?
I will be running my windshield-repair business. I'm a university student and plan to hire students for summer jobs. My vision is to have each one run a kiosk as if it was his or her own micro-business. I am uncertain of what my first months' revenues will be, so I'm looking for ways to pay my employees commission. But I don't want disappointed employees if the revenues aren't as good as expected.
I'm looking for guidance for making a sales forecast to present to possible financial backers. I have three years' sales experience, but no marketing background. I'm convinced that the business idea is sound for our initial target area.