Get Going In Business

Looking out for Employees When a Company Is Targeted for Acquisition - Get Going In Business

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Sinopsis

Today, we’re continuing our conversation with Christina Hynes Mesco from The Prinz Law Firm, and we are looking at the employee side of a business acquisition. You may go from being an employer of 10-50 people to become an employee among 10,000 others. What are your rights now and what should you look out for regarding executive compensation? The Prinz Law Firm is located in Chicago, Illinois, and Christina is a business and employment law attorney. Find out more about how to start your own business Business Acquisition - Key Points Hans watched a business owner gradually lose control over a company that he built. Consider having an agreement that makes some portion of your interest in the company “non-dilutable.” It might be expensive to engage an attorney to safeguard your interests, but an ounce of prevention is worth a pound of cure. People in executive positions of an organization often assume they will be treated right after a business acquisition, but that doesn’t always happen. Be proacti