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Are
You Planning on Merging or Buying a Business?
Society
has been transformed by tragedies and lawsuits in recent years. Today we must
recognize the personal and economic risks that threaten our lives and income.
Trusting people without taking precautions is a recipe for disaster. Don't endanger
yourself and others by making decisions on instinct, a trusted business associate's
recommendation, and a few phone calls. You can choose to avoid possible devastating
consequences that could affect you, your business, your family, and your associates
for years to come. Utilize one of the many MacData Advantage searches to
verify information. MacData Advantage has a variety of prudent background searches available for the business
arena. Today's business world has changed tremendously over the past few years.
Trust is an important issue when negotiating a contract, whether for purchase
or service. Your company needs to know who they are doing business with and any
possible risks involved. Are their silent partners you don't know about? Who are
the significant shareholders or trustees? Are they currently in litigation or
have they been in the past? What is their credit history? There are hundreds of
reasons why you should be doing a due diligence search. Your foremost reason is
to protect yourself, your family, your customers, your employees, your business,
and your reputation. MacData Advantage offers the critical services that businesses need today. We can search
the credit history and corporate records; find significant shareholders, FEIN,
Dun & Bradstreet reports, bankruptcies, liens, judgments, worker's compensation
insurance, professional licenses, assets, real property, and much more. Check
out our services further. Are You Hiring an Employee
Who Will Be:
- DRIVING A COMPANY VEHICLE?
- MANAGING
CONFIDENTIAL CLIENT INFORMATION?
- SUPERVISING CHILDREN OR SENIORS?
- HANDLING
CASH ACCOUNTS OR BOOKKEEPING?
- ENTERING A GUEST'S HOTEL ROOM?
- ENTERING
OR WORKING ON A CUSTOMER'S HOME?
Under negligent hiring
statutes, the employer can and will be held responsible for any willful misconduct
or unlawful acts of employees if a background search has not been done. The
average lawsuit settlement is well over half a million dollars! Are you
familiar with negligent hiring statutes? Most states have adopted them in their
laws, and the ones that don't have one yet are planning on it in the near future.
Even if your state does not yet have a negligent hiring statute, you can still
be held accountable for your hiring process. In the majority of cases where an
employee has performed a willful illegal act, the employer is found liable for
their willful misconduct. Courts determine employers were negligent in the hiring
and retaining of employees in many cases. The court will find the company negligent
in most cases if you have not done a background check and the data in that search
would have alerted you to information relating to any past illegal acts of the
employee. What do you really know about your employees, independent
contractors, service workers, subcontractors, or business associates? Do you have
a pre-employment screening policy in place? Do you routinely check the backgrounds
of your business associates prior to signing deals with them? Doing a detailed
background check is a prudent business decision which may limit your company's
liability should an unlawful incident happen. The average settlement for this
litigation is $225,000 for minor crimes and climbing fast. Some settlements have
surpassed millions and have closed many companies' doors. Is this worth the risk
to you? Read a summary of your rights under the Fair Credit Reporting Act
here. Check
out our pre-employment screenings.
Member of National Association of
Professional Background Screeners Business
References available on request.
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