"Navigating the Legal Minefield of Business" presented to B2B Solutions Group of Charlotte
Tom Hamilton
Employee Administration Adviser: Providing Guidance to Businesses on Payroll, HR, Compliance and Benefits
Felton E. Parrish, Hull & Chandler, P.A. spoke of the ongoing legal challenges and potential situations that businesses face daily and how to avoid some of the pitfalls many find themselves in.
Mr. Parrish said it was not an "if" but "when" companies can face legal entanglement with an employee, a client, a vendor, a partner or the government, when it comes to running a business.
Some of the more common legal issues that Mr. Parrish shared were impacting companies today were:
?Employee issues, this could include but not be limited to:
- Discrimination
- Harassment
- Workers Classification
- Wage & Hour Claims
Intellectual Property - Every business must protect themselves internally as well as external
- Trademark
- Copyright
- Trade Secrets
Contract Issues -
- Termination and Renewal Processes
- Assignment Processes
- Damage Processes
- Dispute Resolution
Other Issues that companies find themselves spending huge amount of wasted time and impacting cash flow
- Late Payments made by contractors or sub-contractors.
- Taxes
- Licenses
Here are the "Best Practices" that Mr. Parrish said companies should do as a minimum:
- Adopt and implement employee policies
- GET IT IN WRITING!
- Protect Intellectual Property and Trade Secrets
- Observe corporate format - Know reporting, tax and other compliance procedures
- Conduct a Legal Audit on Your Business
For more information or consult regarding legal matters with your business: Contact Felton E. Parrish, Hull & Chandler, P.A., [email protected] www.hullandchandler.com 704-375-8488
B2B Solutions Group (b2bsolutionsgroup.net) meets every third Wednesday of the month presenting top Subject Matter Experts. For more information contact Tom Hamilton, Hamilton Edwards, Inc., 704-375-1112 x 103
Managing Director | Fractional CFO Consulting Services | SaaS & Consumer Products | Charlotte, North & South Carolina
6 年Great presentation from Felton. Folks learned a lot. "An ounce of prevention...."
Director of Business Development, Hull & Chandler, P.A.
6 年Thanks Tom! Felton Parrish said the event went well.