Ask Entrepreneur - Grow Your Business

Is the initial non-compete clause still valid if I was rehired by a company?

My former employer restructured the organization and eliminated my position. They offered me a severance package with the 2002 non-compete attached. upon the rehire in 2005 I did not sign a non-compete.

How should I handle my partner who is suing me for his share of our dissolved business?

I formed a corporation with a friend in which we both invested money. The business folded after three months and he is suing me for all of his investment money back ($3,000). He resigned as a director, but retains his 50 percent of the shares.

How do I write a business proposal?

What are the most important aspects of a good business plan? What should I do with the plan once it's written? Shop it around to investors?

Do employee incentive programs really increase productivity?

I was thinking of setting goals and then having incentives such as gift cards, catered lunches, etc.

As the owner of an S corp, what's the best way for me to pay myself?

Also, is the money the business makes considered my income for tax purposes or only what I pay myself?

Do I need a separate license to do business outside of my home state?

I am currently licensed in my state of residence as a landscaper. Do I need another license to provide service in other states?

What are some alternatives to a bank loan?

I own a business but can't get a loan because of my poor credit. What are some other means of receiving capital?

How can I separate my business and personal credit?

What can I do to keep my credit records seperate from each other?

What is the best way to reprimand female workers?

When male managers are reprimanding female workers should another woman be in the room as a witness?

What are the main benefits of businesses going online?

I have been wondering why organizations have decided to go online and I would like a clear answer.

What should I do about my business partner cheating me out of my money?

I've invested money into our business and I feel like my partner is trying to cheat me out of my money. I have not said anything because I do not have proof. So I need help to figure out what I can do to guard my back. Our paper work is on the way, but I have not seen the actual paper work yet that proves that I'm 50 percent owner. So what can I do to protect my money and business?

The small business I work for has management problems, how do I deal with it?

The family run business I work for (I am not a family member), has had a lot of management issues of co-workers of mine (also not family members). Their continuous lack of dedication, professionalism and desire for selling has led to a loss in profit.

Would I benefit from changing my LLC/sole proprietorship business to a corporation?

Is it true that if your personal credit is not great, but you own a corporation it is easier to get financing because your personal credit is not looked at? Also, if you own an LLC/sole proprietorship and something went wrong, your personal and business assets are in danger? My business was an LLC partnership, but the partnership was dissolved and I am the sole owner.

What is the best way to market a home-based office management business?

We are starting a home-based business in office management -- offering book keeping, correspondence, bank transactions, travel and business arrangements.

Should I turn my for-profit business into a non-profit?

Are there any benefits? I am a small for-profit company looking to expand. I am looking to get money for expansion. Am I more likely to get a loan if I switch to a non-profit?


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