A CRASH COURSE IN EMPLOYMENT LAW! This seminar focuses on the issues that are most likely to get an employer in trouble. Designed to give a big picture review in a short amount of time, this seminar will help you avoid the many traps, potholes and land mines of employment law. This one-day seminar is for business owners, managers and supervisors. When: Friday June 4th, 2010. 8:30 am – 4:00 pm Where:Willamette University College of Law; 245 Winter Street SE, Salem, OR Cost:$95.00/SHRMA member; $120.00/Non-member Register at: www.shrmsalem.org
Monthly Archives: April 2010
Marcia Bagnall, Chemeketa SBDC Director
If you’re considering selling your existing business you know that it’s not as simple as selling a car or other assets. There’s more involved than that, and much of that work centers around the books (financial statements).
When we attempt to sell a business, we are trying to sell something that has performed. Performance is best reflected through financial statements. Are yours in good enough shape to show a potential buyer?
Many business owners don’t know how to get ready for buyers. But it’s not that difficult if you plan carefully and give yourself enough time. Getting yourself ready to sell your business should begin at least a year in advance. You’ll need the time to implement these specific steps to enhance your business value and marketability:
It’s common knowledge that patents, trademarks and copyrights are all forms of intellectual property that can be protected by the law. But there is another, less well understood category of intellectual property, and that’s trade secrets. What are they exactly and how can you protect yours?
Trade secrets can be recipes, procedures, customer lists, expansion plans; in short, anything giving you a leg up over the competition that you want to keep strictly to yourself. They are things that differentiate you from your competitors, and if leaked, could cause harm to your business.
Consider implementing these steps to protect your company.
Two of the SBDC’s clients have been in the news recently and we wanted to make sure to share their success.
Oregon programs help put veteran back to work
Source: Statesman Journal
John Gimby just might be the new poster boy for veterans’ employment services. The Salem man was able to launch his own business — Omega Landscape Maintenance & Design — with help from three different organizations.
Gimby took advantage of every second of support from WorkSource Oregon Employment Department, the Hire Oregon Veterans Program and the MicroEnterprise Resources, Initiatives & Training (MERIT) program. And with their collaboration, he turned his dream into a reality.
Have you ever heard a business owner speak longingly of scoring a big client by saying “catching the elephant” or “reeling in the big one” or “landing the whale?” Big clients can mean more prestige, better connections, and bigger paychecks. But consider that relying on a single client for a large chunk of your revenue can have a flip side. You could be vulnerable, especially if you’ve neglected your other clients or hired more staff.
A big client is wonderful when they’re there, but can create a lot of pain when they leave. And you can’t predict what that client might do, nor can you prevent the pressure of circumstances creating a situation where they have to leave you. This can be very problematic.
Experts often caution businesses not to rely too heavily on any one client too much. Tempting as it is, consider the following guidelines.
Marcia Bagnall, Chemeketa SBDC Director
Are you considering starting a home-based business?
Perhaps you need to take time out from your job to care for children or sick family members. Maybe you just want to get out of the rat race for awhile. There are plenty of decent opportunities to use your skills.
You may have skills that you can teach to others, like playing a musical instrument, training animals or working with plants. You may be an excellent handyman or mechanic. Technology makes it possible for you to be a call center agent, survey conductor or medical billing agent right from your own living room. There’s no shortage of possibilities.
But at the same time there are lots of bad ideas out there you need to stay away from. You’ve probably seen those ads that promise you will “make $1,500 a day stuffing envelopes” or “lose 20 pounds in your sleep tonight and your friends will line up to buy your secret formula!” Clearly those are scams, anyone would recognize this. But there are legitimate opportunities out there too, so how can you tell the difference?