Irrespective of the size of your business, companies should have an employee handbook or manual. Employee handbooks can provide certainty and structure to your operations as well as place your employees on notice as to what you expect from them. Employee handbooks do not have to manage every aspect of your business. In fact, companies should avoid including within a handbook details regarding its operations that are subject to frequent change or policies and procedures the company will not enforce. At the same time, companies should not attempt to use form handbooks; one size does not always fit all.
An innovative idea or untapped market niche does not automatically translate into commercial success. If you are forming your own business, it must be built upon a proper foundation. The choice of entity and the structuring of ownership agreements are critical elements that are often overlooked or set up improperly. This is how a business litigation or business planning lawyer can help.