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Business Law Archives

How do I file an annual business report?

Part of owning a business in Kentucky is learning all the legal requirements you must fulfill each year. One of those is filing an annual business report. Unless you have a sole proprietorship, One Stop explains that you are required by law to file a business report with the Secretary of State's office.

Can your competitors strengthen your business?

You have worked hard to build your brand by leveraging your competencies and effectively marketing your product. Consumers are noticing and your business is growing and thriving in Kentucky. One of your constant concerns in maintaining a competitive position in the market is to regularly analyze your competition and watch what they are doing. However, have you ever considered that forming worthwhile relationships with your competitors could actually benefit your organization?

Defining deceptive trade practices

As a business owner in Cincinnati, you are well aware that the competition to be the best in your space can be cutthroat. That said, neither you or your competitors are permitted to try and openly sabotage each other's efforts. Several clients have come to us here at Gatlin Voelker, PLLC questioning the legality of their competitors' practices. If you have the same question, it is likely because you feel that your business or brand is either being attacked or unjustly taken advantage of. Knowing which business practices are prohibited by law can help guide your decision making in dealing with a ruthless rival organization. 

Avoiding common mistakes as you start your business

Like many entrepreneurs, you are probably anxious to get your business up and running. It may be a dream come true, and it likely means you can move from having a boss to being a boss. Undoubtedly, there are many things to do before you get your company off the ground. You may have inventory to gather, marketing to arrange and employees to train. It may almost feel like planning a wedding.

Does your business need non-compete agreements?

As a Kentucky business owner, you know it is prudent to understand the various ways you can protect your legal and financial interests. One of the ways you can do this is by having employee contracts as well as non-compete agreements. Depending on the nature of your business, a non-compete agreement could be a beneficial way to ensure that your proprietary information stays where it belongs.

Common lawsuits involving small businesses

As an entrepreneur, you may spend much of your time figuring out the best ways to make your business productive and profitable. A large part of that is eliminating ways your company loses money unnecessarily. This may include reducing expenses, monitoring shrinkage and minimizing your overhead.

Creating a purposeful human resources department

For many Kentucky businesses, every day functions are critical to facilitating organizational success. Without distinctive departments responsible for important tasks related to finance, marketing and business development among others, a company's growth would be hampered by inefficiency and lack of leadership. One of the most crucial departments is human resources. HR leaders are responsible for encouraging employee growth, satisfaction, and loyalty and facilitating employee needs. 

How can you create an effective employee handbook?

If you are a new business owner in Kentucky, one of the first things you will need to create once you begin hiring employees, is an employee handbook. This valuable resource is a necessary tool for your employees so they can reference the material for information regarding conduct. It is also beneficial for you to use as you train and instruct your employees to be the kind of workers your organization needs to succeed. 

Leveraging talent and leadership through succession planning

If your organizational priority is to manage a successful enterprise, chances are you have done your fair share of research to hire and train Kentucky's finest talent. With a band of committed and professional individuals backing the initiatives of your company, it is time to begin looking at succession planning. This critical aspect of running a business requires you to look carefully at the people on your team who demonstrate tenacity, enthusiasm and leadership abilities that will qualify him or her to lead others in the company. At Gatlin Voelker, PLLC, we are experienced in working with companies who are invested in their future, and we have an advanced level of understanding of the risks and challenges companies face when succession planning. 

Why should I consider succession planning for my company?

When starting a business in Fort Mitchell, it is crucial for entrepreneurs to consider every possible situation. A business is one of the biggest assets an entrepreneur has. A carefully drafted succession plan can help prevent difficulties and legal issues that can arise with the transition of ownership due to death, disability, serious illness or retirement. 

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Gatlin Voelker,PLLC

Gatlin Voelker, PLLC
2500 Chamber Center Dr. Ste. 203
Fort Mitchell, KY 41017

Phone: 859-781-9100
Fax: 888-456-9179
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Call : 859-781-9100