| Atricle Dump |
Hubs | Hubbers | Topics | Request |
| #1 in Business | Subscribe Email Print |
|
You are here: Home > Business > Management > Stop Your Employee From Becoming Your Competitor |
|
Atricle Dump - Stop Your Employee From Becoming Your Competitor
Support During Career Transition: Keeping Upbeat and Focused um amount allowable by law and then the note is filed at your local courthouse and is on file as a legal binding debt and is payable on demand to the holder of the note.Do you sometimes find that as soon as you take that leap and decide to make a positive career change, you’re met with criticism and resistance from those around you? They tell you why it’s a bad idea and try to persuade you not to follow your dream.Luckily, it only seems that way. One of the biggest challenges that many people in career transition face is trying to convince their families, friends, coworkers and the people who know them best, that change is a good thing. At a time when everything is in flux, it's tough for us to reassure people we are headed on the path to success despite any obstacles which may surface along the way. We may even be uncertain ourselves! And because we frequently experience the most resistance to our ideas from the people who mean the most to us, it can FEEL The quickest way to implement this procedure is to go down to your local office supply store and pick up the notes. Before hiring any individual, inform them that they are required to sign a note and must provide their bank account information. Once information is gathered, file the paperwork at the courthouse so that you have an official record of the promise to pay. Inform the employee that if he/she quits and does not return the company assets entrusted to them you will call in the note. Explain that if they quit your employ to start a business and solicit your existing clients you will take them into court to collect on the note. Also you will be contacting their bank of the outstanding note which could put a freeze on their account. It should give your employees some food for thought. If they do not return company property they risk going into court and having the note called in. If they solicit your customers they risk going How Do I Start A Business When I Have No Money? You know the routine. You've hired an eager individual willing to come onboard and learn the business. You've taught them, trained them, worked hand in hand and side by side for 2 solid years. Then all of a sudden your employee quits for no apparent reason.How do you raise capital and begin working for yourself when you have no money. Here is my take on the "I have no money" mindset.If you have a joba. Capital. Put aside ten percent a month and within a year you will have enough for a seed fund. How do you put aside ten percent a month on a tight budget. Get rid of your discretionary expenses - stop watching movies, eating popcorn, drinking soda, smoking cigarettes, buying gifts for yourself or your loved ones or in desperate situation even food.I have lived for six weeks on raisin bread and butter so that I could pay off a part of my startup credit card debts. When you put your mind to it, you can put aside a fair bit within the short span of a year. In a given month you do spend fifteen to twen To your disbelief and utter amazement, you realize that you have just wasted the last 2 years of your life. A week or so goes by and you learn that your former employee has started a similar business and there's nothing you can do to stop them. Or is there? The questions start racing through your mind at light speed. "Why did they just up and quit without notice?" "I thought they liked working here?" "How come I didn't see this coming?" "What could I have done differently?" "Could I have been better prepared for this?" Then the worst possible thought hits you. "They know all my clients!" "Which clients of mine are they going after?" "Will my customers stick with me or go with the new kid on the block?" Still confused at their abrupt departure from your employ, you start contacting all of your regular clients. You begin learning that many of them have already been solicited by your former employee. Your fears are confirmed and the pain hits you like a knife in the back. To add insult to injury the new rates quoted are nearly half what you charge and your clients are wanting some fast answers to your much higher fees. Some thinking that you are gouging them start jumping ship faster than rats on a sinking and burning ship. Upon examining your options you discover that it's to late. Now you're considering that maybe you should have put together that "Non-Compete"..., "Non-Solicit" ... or "Non-Divulge" contract. You could of had that individual sign it, before they worked one minute for you. At least that's what some business owners have told you they do. In hind sight that solution now seems fair and reasonable. Well it's reasonable until you learn that your state, county or city laws no longer allow such binding contracts. Or local laws do not prevent such contracts, but the courts find in favor of your competitor's claims. Claims that you are preventing them from obtaining gainful employment, that they have trained for, even if it means they have become your newest competitor. Not to mention that your existing clients are not under written contract with you to remain your clients. If this has happened to you, understand that you are not alone in this. You are but one more in the vicious cycle of abuse, that other businessmen and women have suffered, at the outright betrayal from their so called "Trusted Employees". So what's a business owner or manager to do? How do you even the playing field without violating the law or swaying a court of law against you? How can you slow down or stop employees from becoming the competition? With the possibility of "Non-Compete"..., "Non-Solicit" ... or "Non-Divulge" contracts being contested, then the alternative would need to be a contract that cannot be contested in any court. To protect your interests and assets there is a legal and binding way that will not violate either parties employment rights but provide you legal recourse. Do you want to know what it is? Before you move forward with any pre-employment contract development stop and consider what you as the employer provide for your hired staff. Items that show your business value has grown, due to your provisions, but does suffer lose when an employee quits. What types of provisions could build value into your business? Do you provide paid and continued education? Do you provide tools and equipment? How about a company vehicle? Company phone? Company Uniforms? Access to client files and data? All of these items are but part of your company's assets that you provide and must be well documented that you provide them. Even the education you provide for your employees, whether directly through hands on or indirectly such as a company paid class or seminar. Without these items the employee would be helpless to perform their needed and required tasks. So how can you protect these assets from going out the door and preventing employees from soliciting your clients? Would you be surprised if I said, "PROMISSORY NOTE". That's correct. A promise of payment from a promissory note is a legal binding contract and will stand up in court. The reason it is binding is that the person signing it agrees to pay the predetermined maximum amount allowable by law and then the note is filed at your local courthouse and is on file as a legal binding debt and is payable on demand to the holder of the note. The quickest way to implement this procedure is to go down to your local office supply store and pick up the notes. Before hiring any individual, inform them that they are required to sign a note and must provide their bank account information. Once information is gathered, file the paperwork at the courthouse so that you have an official record of the promise to pay. Inform the employee that if he/she quits and does not return the company assets entrusted to them you will call in the note. Explain that if they quit your employ to start a business and solicit your existing clients you will take them into court to collect on the note. Also you will be contacting their bank of the outstanding note which could put a freeze on their account. It should give your employees some food for thought. If they do not return company property they risk going into court and having the note called in. If they solicit your customers they risk going i Do I Have to Provide a Salary History? have already been solicited by your former employee. Your fears are confirmed and the pain hits you like a knife in the back.Often you see job postings with a request such as “Send resume with salary history to…” I don’t know about you but the first thing that pops into my mind is what do they expect to pay? The next question I ponder is whether or not it’s legal to request this information. Who will see my salary history when my resume and accompanying documents are received? Will it be the hiring manager, someone in the human resources department, or will it be a notoriously nosy employee whose job it is to open the mail? Will that individual broadcast my confidential information to other employees?Some employers use this tactic to save themselves time and weed out applicants that expect more than they are willing to pay or, based on their view of your past compensation, don’t appear to have the skills or experi To add insult to injury the new rates quoted are nearly half what you charge and your clients are wanting some fast answers to your much higher fees. Some thinking that you are gouging them start jumping ship faster than rats on a sinking and burning ship. Upon examining your options you discover that it's to late. Now you're considering that maybe you should have put together that "Non-Compete"..., "Non-Solicit" ... or "Non-Divulge" contract. You could of had that individual sign it, before they worked one minute for you. At least that's what some business owners have told you they do. In hind sight that solution now seems fair and reasonable. Well it's reasonable until you learn that your state, county or city laws no longer allow such binding contracts. Or local laws do not prevent such contracts, but the courts find in favor of your competitor's claims. Claims that you are preventing them from obtaining gainful employment, that they have trained for, even if it means they have become your newest competitor. Not to mention that your existing clients are not under written contract with you to remain your clients. If this has happened to you, understand that you are not alone in this. You are but one more in the vicious cycle of abuse, that other businessmen and women have suffered, at the outright betrayal from their so called "Trusted Employees". So what's a business owner or manager to do? How do you even the playing field without violating the law or swaying a court of law against you? How can you slow down or stop employees from becoming the competition? With the possibility of "Non-Compete"..., "Non-Solicit" ... or "Non-Divulge" contracts being contested, then the alternative would need to be a contract that cannot be contested in any court. To protect your interests and assets there is a legal and binding way that will not violate either parties employment rights but provide you legal recourse. Do you want to know what it is? Before you move forward with any pre-employment contract development stop and consider what you as the employer provide for your hired staff. Items that show your business value has grown, due to your provisions, but does suffer lose when an employee quits. What types of provisions could build value into your business? Do you provide paid and continued education? Do you provide tools and equipment? How about a company vehicle? Company phone? Company Uniforms? Access to client files and data? All of these items are but part of your company's assets that you provide and must be well documented that you provide them. Even the education you provide for your employees, whether directly through hands on or indirectly such as a company paid class or seminar. Without these items the employee would be helpless to perform their needed and required tasks. So how can you protect these assets from going out the door and preventing employees from soliciting your clients? Would you be surprised if I said, "PROMISSORY NOTE". That's correct. A promise of payment from a promissory note is a legal binding contract and will stand up in court. The reason it is binding is that the person signing it agrees to pay the predetermined maximum amount allowable by law and then the note is filed at your local courthouse and is on file as a legal binding debt and is payable on demand to the holder of the note. The quickest way to implement this procedure is to go down to your local office supply store and pick up the notes. Before hiring any individual, inform them that they are required to sign a note and must provide their bank account information. Once information is gathered, file the paperwork at the courthouse so that you have an official record of the promise to pay. Inform the employee that if he/she quits and does not return the company assets entrusted to them you will call in the note. Explain that if they quit your employ to start a business and solicit your existing clients you will take them into court to collect on the note. Also you will be contacting their bank of the outstanding note which could put a freeze on their account. It should give your employees some food for thought. If they do not return company property they risk going into court and having the note called in. If they solicit your customers they risk going Entrepreneurial Inspiration: Milton S. Hershey ans they have become your newest competitor. Not to mention that your existing clients are not under written contract with you to remain your clients.Entrepreneurs often experience extreme highs and extreme lows. It is not uncommon for an entrepreneur to be sitting on top of the world one minute, but then feel like the sky is falling the next as market conditions rapidly change. For these entrepreneurs, it is always important to keep the big picture in mind. Likewise, it never hurts to have the experiences of other successful entrepreneurs in their minds to inspire them to persevere. This article discusses one such entrepreneur: Milton S. Hershey.For four of his teenage years, from 1872 to 1876, Milton Hershey served as an apprentice to a Lancaster, PA candy maker. After his apprenticeship, Hershey decided to start his own candy business. Armed with an in-depth knowledge of the business, he worked on building his business for six years. U If this has happened to you, understand that you are not alone in this. You are but one more in the vicious cycle of abuse, that other businessmen and women have suffered, at the outright betrayal from their so called "Trusted Employees". So what's a business owner or manager to do? How do you even the playing field without violating the law or swaying a court of law against you? How can you slow down or stop employees from becoming the competition? With the possibility of "Non-Compete"..., "Non-Solicit" ... or "Non-Divulge" contracts being contested, then the alternative would need to be a contract that cannot be contested in any court. To protect your interests and assets there is a legal and binding way that will not violate either parties employment rights but provide you legal recourse. Do you want to know what it is? Before you move forward with any pre-employment contract development stop and consider what you as the employer provide for your hired staff. Items that show your business value has grown, due to your provisions, but does suffer lose when an employee quits. What types of provisions could build value into your business? Do you provide paid and continued education? Do you provide tools and equipment? How about a company vehicle? Company phone? Company Uniforms? Access to client files and data? All of these items are but part of your company's assets that you provide and must be well documented that you provide them. Even the education you provide for your employees, whether directly through hands on or indirectly such as a company paid class or seminar. Without these items the employee would be helpless to perform their needed and required tasks. So how can you protect these assets from going out the door and preventing employees from soliciting your clients? Would you be surprised if I said, "PROMISSORY NOTE". That's correct. A promise of payment from a promissory note is a legal binding contract and will stand up in court. The reason it is binding is that the person signing it agrees to pay the predetermined maximum amount allowable by law and then the note is filed at your local courthouse and is on file as a legal binding debt and is payable on demand to the holder of the note. The quickest way to implement this procedure is to go down to your local office supply store and pick up the notes. Before hiring any individual, inform them that they are required to sign a note and must provide their bank account information. Once information is gathered, file the paperwork at the courthouse so that you have an official record of the promise to pay. Inform the employee that if he/she quits and does not return the company assets entrusted to them you will call in the note. Explain that if they quit your employ to start a business and solicit your existing clients you will take them into court to collect on the note. Also you will be contacting their bank of the outstanding note which could put a freeze on their account. It should give your employees some food for thought. If they do not return company property they risk going into court and having the note called in. If they solicit your customers they risk going Independent RN Contractors Are Taking The Nursing Profession your hired staff. Items that show your business value has grown, due to your provisions, but does suffer lose when an employee quits.Nurses wake up and take advantage of this extraordinary opportunity. Are you tired of having no input in your career, little money in the bank, lack of respect for your profession and little compensation for the long hours and years of dedication? Independent RN Contractor is a great way to renew your interest and rejuvenate your nursing career. As An Independent Nurse Contractor you will increase your choices as to when, where and how often you work, substantially increase your income and most of all gain professional autonomy.An Independent Nurse contractor contracts with a healthcare facility to provide nursing services, usually by the hour. An Independent contractor can contract his or her nursing services directly with a healthcare facility or with a patient and continue bedside practic What types of provisions could build value into your business? Do you provide paid and continued education? Do you provide tools and equipment? How about a company vehicle? Company phone? Company Uniforms? Access to client files and data? All of these items are but part of your company's assets that you provide and must be well documented that you provide them. Even the education you provide for your employees, whether directly through hands on or indirectly such as a company paid class or seminar. Without these items the employee would be helpless to perform their needed and required tasks. So how can you protect these assets from going out the door and preventing employees from soliciting your clients? Would you be surprised if I said, "PROMISSORY NOTE". That's correct. A promise of payment from a promissory note is a legal binding contract and will stand up in court. The reason it is binding is that the person signing it agrees to pay the predetermined maximum amount allowable by law and then the note is filed at your local courthouse and is on file as a legal binding debt and is payable on demand to the holder of the note. The quickest way to implement this procedure is to go down to your local office supply store and pick up the notes. Before hiring any individual, inform them that they are required to sign a note and must provide their bank account information. Once information is gathered, file the paperwork at the courthouse so that you have an official record of the promise to pay. Inform the employee that if he/she quits and does not return the company assets entrusted to them you will call in the note. Explain that if they quit your employ to start a business and solicit your existing clients you will take them into court to collect on the note. Also you will be contacting their bank of the outstanding note which could put a freeze on their account. It should give your employees some food for thought. If they do not return company property they risk going into court and having the note called in. If they solicit your customers they risk going Love Your Work um amount allowable by law and then the note is filed at your local courthouse and is on file as a legal binding debt and is payable on demand to the holder of the note.Work is where most people spend the majority of their waking hours. Not with their family. Not with their friends. Not doing their hobbies. But doing what they want or have to do to make a living. Work. Unfortunately most people are not happy with where they work, who they work with or what they do. And some people hate work. There is hope. You can love work. It is not easy but it is better than being miserable day in and day out.HoursWhat are your work hours? 7-7. 9-5. 8-4. Whatever your “scheduled hours” are, unless you are CEO, you are probably putting in more hours than you are paid for. Start by working your “scheduled hours” and only you scheduled hours. If you find that you need to work more hours you need to step back and ask yourself “why?” if you are not being The quickest way to implement this procedure is to go down to your local office supply store and pick up the notes. Before hiring any individual, inform them that they are required to sign a note and must provide their bank account information. Once information is gathered, file the paperwork at the courthouse so that you have an official record of the promise to pay. Inform the employee that if he/she quits and does not return the company assets entrusted to them you will call in the note. Explain that if they quit your employ to start a business and solicit your existing clients you will take them into court to collect on the note. Also you will be contacting their bank of the outstanding note which could put a freeze on their account. It should give your employees some food for thought. If they do not return company property they risk going into court and having the note called in. If they solicit your customers they risk going into court and having the note called in. On final point. If the employee wants the note cancelled then they would be required to pay the maximum allowable amount on the note to the note holder. But only if the note holder is willing to cancel the note. Once paid, the note becomes null and void and is destroyed. It also allows the employee the freedom to become a competitor without legal recourse against them from the former note holder. Make sure to check with a local attorney to determine what guidelines to follow when implementing a promissory note agreement. Also check with your local small claims court to learn what the maximum allowable amount a note can be issued on an individual. Become familiar with the filing process at your local courthouse.
HTTP = HTML link (for blogs, profiles,phorums):
Related Articles:Top Customer Service Speaker Says: You Revoke Customer Entitlements at Your Peril The Opportunity Cost Of Doing Business Are You Sleeping Alone - Techie Issues Split The Bedsheets
|