My father is an electrician and has his own company but he fell off a ladder and can't continue to work anymore and I want to take over and run the company for him. How do i do that?
2006-12-17 08:12:20 · 6 answers · asked by l2ccannon 2 in Business & Finance ➔ Other - Business & Finance
I think the first step would be is to get power of attorney over him. That way you have the right to make changes within the company. Anything that has his name on it (bank accounts, titles, etc) will be accessible to you. You can even take his name off of accounts and put your name on them. But you also must be aware of the laws in your state. Ask a lawyer for advice. Some actually do give free advice over the phone. And you don't need a lawyer to get power of attorney. Get the form at Office Depot and find a notary public to witness yours and your father's signatures.
2006-12-17 08:19:26 · answer #1 · answered by queensassey 4 · 1⤊ 0⤋
Did you work with him enough to know how the business runs, and are you a licensed electrician? If so, you might be ready to take over the business. Is your dad in agreement on this? If so, contact a lawyer, tell them what you want to do, and they'll guide you through it.
2006-12-17 08:35:47 · answer #2 · answered by Judy 7 · 0⤊ 0⤋
How humorous! My dad gets up early as he works on a farm, & on a daily basis once I get into the abode after artwork he's asleep on the settee, & he tells me off I make a noise, yet I continually say 'you have a splendidly good & quiet mattress room upstairs'! on the top of the day nonetheless, even nonetheless I pay shop it relatively is his abode! think of roughly it, once you have your individual abode will you're taking excitement on your 18yr previous telling you the place to sleep?? i think of you are able to the two settle for that it relatively is his abode, or you need to continually initiate creating multiple noise & annoying him so he has to circulate? ;)
2016-10-15 03:20:59 · answer #3 · answered by ? 4 · 0⤊ 0⤋
Well for starters you have to know what electricity is about and learn more about its dangers and all other things about it. then ask him for guidness and all other things that are needed.Lastly ask him about the tips on how he has done his business without failing. NB- If you can't manage then don't push your self otherwise you might end up hurting your self or you destroying all your dad has made progess in all these years.
2006-12-17 08:28:21 · answer #4 · answered by Anonymous · 0⤊ 0⤋
The first response you received is good advice. I suggest doing that.
2006-12-17 08:23:04 · answer #5 · answered by Anonymous · 0⤊ 0⤋
I'd call a lawyer and ask him/her.
2006-12-17 08:19:42 · answer #6 · answered by Renee C 4 · 1⤊ 0⤋