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Financially Simple Bizcast


The Financially Simple podcast is your one-stop resource for small business owners. Gain unique insights into growing, refining, and selling businesses. You will hear ways business owners have reduced their tax liabilities, increased their income, improved office morale, saved for the retirement of their dreams, and more.
Host Justin Goodbread is a serial entrepreneur, award-winning CFP® (Certified Financial Planning professional), CEPA® (Certified Exit Planning Advisor), and CVGA® (Certified Value Growth Advisor) with years of experience guiding business owners from start to exit in their business.

Feb 25, 2019

In episode 133 of Financially Simple, Justin goes over the fundamentals of an Employment Agreement.

An Employment Agreement is a legally binding document that should work in your interests, as well as those of the employee. Justin looks at the pros and cons of having an agreement, and why you definitely should have one in place.

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ARTICLE TRANSCRIPT: https://financiallysimple.com/employee-agreements-protect-the-value-of-your-business/

 

TIME INDEX:

00:27 - The Employment Agreement

01:05 - What is an Employment Agreement

01:41 - Advantages

02:18 - Disadvantages

03:02 - Get Legal Assistance

03:28 - Why you need Employee Agreements

05:16 - What is in and Employment Agreement

12:31 - Protection

14:18 - Wrap Up

 

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DISCLAIMER:

Neither Financially Simple, LLC nor its affiliates offer tax or legal advice. Interested parties are strongly encouraged to seek advice from qualified tax and/or legal experts regarding the best options for your particular circumstances. Justin Goodbread, CEO of Heritage Investors, LLC, a Registered Investment Advisor, is an Investment Advisor Representative who offers advisory services through Heritage Investors. The information contained within the podcast is for informational purposes only and not considered investment advice. Seek help from a competent Financial Advisor.