Episode Details
Back to EpisodesListener Questions about Employee Loans and Alternative Finance Sources
Episode 240
Published 6 years, 6 months ago
Description

Should your Small Business make loans to employees that are in a bind and if so, what policies and procedures do you need to put in place to protect yourself? And creating your own reality is great, but what about the reality of not being able to pay your bills? Join us today for a special listener questions edition of the Small Business Show!
Most Small Business owners have found themselves in the position of being asked for a loan or payroll advance from an employee. When this comes up, should you make the loan? If you do, how do you protect your business and yourself and create standards to follow for futur