Putting Stock in Your Advisers
Article Abstract:
Many start-up firms who were short of cash offered stock to employees to supplement salary and to help insure loyalty. These same types of firms are now discovering a new way to use their stock. By providing stock to those individuals who provide important - but non-direct - services to the company (such as lawyers or recruiters) a company can be more certain of obtaining the best service possible. These outside advisers who are willing to take a decrease in cash for a piece of the company's long term prospects often provide better service. As with any business arrangement, there are certain guidelines which must be followed to make this type of deal successful for both parties. Taking equity instead of cash, especially from a small start-up firm can be rewarding, but it can also be risky.
Publication Name: Inc.
Subject: Business, general
ISSN: 0162-8968
Year: 1984
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A New Twist on an Old Cause
Article Abstract:
There have always been problems in hiring young workers, and the many programs to help train the young for assuming job responsibilities have not always been successful because the employers were also to blame for the failed working relationship. There is now a new program which is working with small businesses (where most new jobs are created), to train them how to deal effectively with young employees. The manuals created by this program have been used by members of the Neighborhood Cleaners Association with much success, and they compare taking in a young worker to the apprentice system used one hundred years ago.
Publication Name: Inc.
Subject: Business, general
ISSN: 0162-8968
Year: 1984
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Capitalizing Contacts
Article Abstract:
Robert Gray took his Washington, D.C., public relations firm public in 1984, and raised nearly $3 million in capital. The firm, which does a lot of political work would seem to be highly vulnerable in an election year. But Gray has taken steps to help insure that his company's fortunes are not adversely affected by election results. He has tried to capture a varied group of clients from both political parties, and even some foreign diplomats. The people who work for the public relations agency do get involved in politics, and Gray encourages his staff to go out and follow their own political instincts.
Publication Name: Inc.
Subject: Business, general
ISSN: 0162-8968
Year: 1984
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