3 reasons business valuation during divorce is different in 2022

3 reasons business valuation during divorce is different in 2022

Those who have business interests need to take special care during divorce. In addition to taking steps to better ensure operations continue with minimal impact from the divorce, they must also work to ensure they retain ownership after the divorce. This is possible. The business owner can retain ownership by giving up another asset of similar value. But what is the value of the business? This question has arguably never been harder to answer than it is right now. Businesses…

3 forms of liability that entrepreneurs must protect against

Everyone knows that starting a new business comes with risk. The company could fail despite your best effort. Workers or even customers could bring a civil lawsuit against the business, which can be expensive even if the lawsuit isn’t successful. Identifying some of these risks in the early stages of business development can help you plan to avoid them and purchase insurance to protect against the most common risks for your business model. Product liability or service liability Do you…

Drunk-driving death brings charges after driver flees scene

Earlier this month, a motorist was killed in a collision that occurred near Brighton Blvd. on Interstate 70. A 57-year-old semitruck driver died at the scene of the inferno that ensued after a pickup truck driver merged into the path of an eastbound 18-wheeler. The accident occurred shortly before midnight on Saturday, March 5. As reported by local NBC affiliate KUSA-TV, after the initial impact, one vehicle then slammed into the Jersey barrier. The suspect driver fled the scene Officials…

How can I help my teenager be a safer driver?

When it’s time to teach your teenager to drive, it can feel bittersweet. New independence means fewer calls for rides, but it is also another step before your child becomes an adult. Driving also exposes your child to new risks and dangers. Teenagers tend to be easily distracted, and when that combines with driving a vehicle, the results can be devastating. Here are some of the essential skills to teach your teen as they get ready to drive. Managing attention…

Can smartphone technology reduce drunk driving accidents?

Car accidents caused by driving while intoxicated are 100% preventable. Unfortunately, some people still choose to operate motor vehicles after consuming alcoholic beverages. In some situations, intoxicated individuals tend to misjudge their sobriety and believe they are not too drunk to drive. This self-assessment does little to prevent drunk driving crashes. Perhaps smartphone technology is an answer. How does it work? According to ongoing research, smartphones can already judge intoxication levels. They do so with accelerometers, which nearly all modern…