Funtime4al
Junior Member
What is the name of your state?What is the name of your state?Florida
I have a Small S. Corporation business in Florida. My business is a very limited field that deals with Medical Equipment Servicing. I fronted all the money 17 years ago and hired someone I trained and knew was a good partner. Along with his employment I gave him 40% share of the business, his title VP
At this time the business is having financial problems, loss of accounts and weather related problems. Now I'm having some bad feelings that my partner is doing work on the side / out of his house. Yesterday he told me he was knocking on customers doors, yet for weeks never bringing in any work, or just little Jobs. So, on a gut feeling around 3:10 in the afternoon, I decided to drive to his house and there was his Van! The day before I called him and asked what his agenda was and could tell by the sound on the phone he was home. So!
My question is, Can I fire Him if Needed and or where do I stand if I do? I'm President He's VP.
I have a Small S. Corporation business in Florida. My business is a very limited field that deals with Medical Equipment Servicing. I fronted all the money 17 years ago and hired someone I trained and knew was a good partner. Along with his employment I gave him 40% share of the business, his title VP
At this time the business is having financial problems, loss of accounts and weather related problems. Now I'm having some bad feelings that my partner is doing work on the side / out of his house. Yesterday he told me he was knocking on customers doors, yet for weeks never bringing in any work, or just little Jobs. So, on a gut feeling around 3:10 in the afternoon, I decided to drive to his house and there was his Van! The day before I called him and asked what his agenda was and could tell by the sound on the phone he was home. So!
My question is, Can I fire Him if Needed and or where do I stand if I do? I'm President He's VP.