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...ovable property, or everything but real estate), no matter where it is. As a practic...xpose the company to potential FLSA liability. If a nonexempt employee needs t...

... purchase price be determined? Options include: a negotiated price (which can be unpleasant for a widow or an estate to deal with) a multiple-of-revenues formula (an inexact way of determining value) a multiple-of-pro-forma-profits formula (a better idea, but difficult to identify the real profit number properly) a third-party appraisal (the best alternative) It's also important to recognize that the value of the organization can and frequently will vary, depending on who the buyer is. For instance, the value to a group of employees may be very ... to value the ownership stake(s ) to be transferred. Once you've identified who it is you'll be selling your ownership interest to, how will the purchase price be determined? Options include: a negotiated price (which can be unpleasant for a widow or an estate to deal with) a multiple-of-revenues formula (an inexact way of determining value) a multiple-of-pro-forma-profits formula (a better idea, but difficult to identify the real profit number properly) a third-party appraisal (the best alternative) It's also important to recognize that the value ... the organization can and frequently will vary, depending on who the buyer is. For instance, the value to a group of employees may be very different than the value to a publicly traded buyer, who can derive other benefits from the acquisition. The financing to be used. Another important piece of this puzzle involves the financing to be used to facilitate the perpetuation plan. Has the agency retained earnings over time to use for repurchasing stock? Are departing owners able or willing to finance the purchase of their interests? Does third-party ...

...dea, but difficult to identify the real profit number properly) a thir...

... also address insurance issues. Most Homeowners policies exclude coverage for business property (even if owned by the insured) unless it's specifically listed on the policy. A broadly worded Business Property policy automatically covers the company's personal property (basically, immovable property, or everything but real estate), no matter where it is. As a practical matter, however, you may want to specifically list such off-premises equipment in your policy. Secure your data. Most telecommuters need access to information stored on company computer networks. Before permitting workers to ... , determine the risk this would pose to your company's data. Will the worker need access to or be transmitting confidential financial data? Proprietary or trade secrets? The frequency with which this information will be transmitted and its sensitivity will determine what type of security measures to take. Some of the simpler, less expensive (but less secure) methods of data protection include password protection; restricted access lists, which limit network access to computers dialing in from certain telephone numbers or certain Internet addresses; and callback devices, which deny access ... telecommuting. Information workers are an obvious choice; manufacturing workers aren't. Professionals comprised the majority (72%) of telecommuters in the California program. In this program, jobs ranged from accountants to researchers and included administrative law judges, lawyers, policy analysts, and appraisers. Where professional or skilled workers are represented by a union, you may experience resistance. Unions may see telecommuting as a way for employers to get around overtime and other work rules. To overcome these objections and enlist union support, be sure to include a ...