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I own my own business and am registered

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kid biscuit Member Profile
 
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kid biscuit   Tuesday, 02/12/19 06:01:03 AM
Re: justdafactss post# 75260
Post # of 76485 
I own my own business and am registered with the secretary of state. If you change your business, decide to shut it down (simply don't pay your renewal fees) and go to work as a partner or employee in another company like CMTH... Why keep it active if you are no longer wanting the phone to ring for those types of services that you no longer choose to offer or do not find profitable to render. Also if you have an employee file and get away with a fraudulent work comp injury that is accepted as a long term or lifetime disability claim, you as an employer by law have to pay 50% of the weekly amount of the highest week paid to the employee during the life of his/her work history with that particular company. Some employers will shut the company down and start a new type of company and file for a new name and services and receive a new registration number and from that point on they are not required to be under the burden of that disability claim payment they were forced to pay while operating the old company. Had it happen, am an expert with this stuff. All I know is a company can't be too careful if it has a number employees that lean toward an entitlement mentality, quite common with the younger generation at times. The only way to solve it is to reward employees for being honest and ethical, and encourage it instead if running them down for it. Give them a better way to better themselves.

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