Ideas to increase and protect your wealth
Article Abstract:
Companies can protect their interests by negotiating a noncompete pact with prized employees and first exploring the tax consequences prior to termination of life insurance policies. Noncompete pacts should indicate a reasonable time frame and a reasonable geographic area. Firms can also increase their cash flows via an employee stock ownership plan (ESOP) as firms obtain a tax deduction for the fair market value of the stock they contributed to an ESOP.
Publication Name: The Business Owner
Subject: Business, general
ISSN: 0190-4914
Year: 1997
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Ideas to increase and protect your wealth
Article Abstract:
Advice and information on ways a business owner can improve the financial management of the business thereby increasing the profit, and protecting their investments. Includes information on financial planning, rental contracts, legal precautions and income tax advice.
Publication Name: The Business Owner
Subject: Business, general
ISSN: 0190-4914
Year: 2001
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How to protect against misuse of business ownership
Article Abstract:
Important information and advice for the majority owners of a business to follow to be protected personally and to ensure the security of their business. This applies to companies with minority owners, and those who plan to sell stock or give it as gifts.
Publication Name: The Business Owner
Subject: Business, general
ISSN: 0190-4914
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
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