The Business Mentoring Center
The Business Mentoring Center

Posts by Bob Halagan, Halagan Law Firm, LTD.

Effective Employee Discipline (Or How to Fire an Employee Without Getting Sued)

One of the most unpleasant tasks for a business owner is confronting the non-productive or misbehaving employee.  Employees are a company’s most valuable resource but they can also be a sinkhole of wasted costs, time and resources if the “rotten apple” isn’t quickly pruned.  Here are some approaches to consider when handling the employee in…

Read More

Building Performance Pay Into a Union Contract

One of the biggest criticisms of unions is the concept that they reward the poorest performer while failing to adequately compensate the best performers.  Union contracts typically have a one-size fits all pay scale that applies to everyone in particular classification (ex. every mechanic gets paid the same wage).  Some union contracts focus on seniority;…

Read More

Managing Legal Fees in Business Transactions

Recently I was involved in a business deal where the principals met to negotiate the terms and then brought the lawyers to the table to “document” the deal.  Sounds like the cheapest way to handle a transaction, right?  Not quite. The lawyers saw issues the principals didn’t anticipate and a significant amount of time was…

Read More

Getting Your Business Ready for Sale

As we crawl out of the wreckage of this last recession and look around, we can see the world will in fact survive.  While we have lost many businesses in our communities in the past two years, the survivors are likely to have significant opportunities as our economy recovers.  If you are one of the…

Read More