Laurel123 said:
Happy holidays everyone!
OK - so the happy news is that I have a job offer and a contract in my hands in my city of choice. It is very exciting.
However, the contract is long and confusing and it is like reading stuff in a foreign language! How did you guys work through these contracts? Did you hire a contract lawyer to help you? Buy a book?
Thanks!
make sure the pay is acceptable
the vacation is spelled out
the out clause (I quit).. is not too long.. 8 weeks is ok anything more is bad
partnership is spelled out ( buy in)
the Buy out is spelled out.. (very important)
IS it equal footing .. after you become partner do you have an equal vote in the corporation or will some slob still tell you what to do and when to do it until he dies? ( if its not.. dont join the group)
make sure they buy your tail when you leave.. if you have to buy it, prob will cost you a lot..
You must be allowed to see how much the corporation makes and how much everyone else is making.. if not.. ( not fair)
If the above (at minimum) is not satisfied.. dont join the group it aint fair.. ..
why join a group and buy into a partnership and when you leave not receive a buy out.. doesnt make sense.. they are taking you for a ride
DO not join if they will not let you look at the books on a periodic basis.. If you are their employee you are not entitled.. you just negotiate a fair price for yourself. if you are on a partnership.. they must let you see.. Otherwise Not fair.. Look elsewhere
those are just tips and pointers that I came acrosswhen i was looking for a job.. My current situation offered me all of this. so not totally all inclusive