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Tag Archives: compensation

Interns: To Pay or Not to Pay, That is the Question

Posted in Buying, Owning and Selling a Business, Labor & Employment

Many businesses, including law firms and accounting firms, employ interns over the summer. There are a number of reasons such an arrangement works for both sides. For the business, interns provide bodies that can fill voids in the work staff, since many people center their vacations over the summer. The internship also provides the business… Continue Reading

Duties Owed To A Sinking Ship

Posted in Buying, Owning and Selling a Business

What duties do officers and directors of a closely held business owe the company’s creditors when the company is failing?  Unfortunately, this has become a common question during these troubling economic times.  The answer in Wisconsin appears to be bit different than other states at this point if the failing business is still a “going… Continue Reading