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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. 

Choosing a business structure

If you are looking to launch a new business in Kentucky, one of the first things you should consider is the type of business structure you need to establish. At Gatlin Voelker PLLC, we have assisted numerous clients in pursuing their dreams of becoming business owners while helping them navigate the inevitable challenges and hardships that arise along the way.

Should I create a C corporation?

If you are starting a business in Kentucky, you are likely weighing the options for the various types of corporations you can create. While there are plenty of choices, the most popular one across the country is a C corporation, according to This is due to many factors that may make it a beneficial option for many companies.

What is an LLC?

Are you one of the many Kentucky entrepreneurs looking to kick off the new 2017 year with a new business venture? If so, one of the decisions you will need to make about your new company is what type of organizational and operational structure to use. From a sole proprietorship to a C corporation, there are multiple options from which to choose. No selection may necessarily be wrong but one may well be better suited to your company and your needs than the others.

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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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