Ken Kirschenbaum's Latest Posts

Read: Legal Briefing: Selling Shareholders’ Interests

Legal Briefing: Selling Shareholders’ Interests

The shareholder agreement is usually an agreement made among friends, relatives and people who are talking directly to each other rather than through their respective attorneys.

Read: How to Calculate True RMR During Inflation

How to Calculate True RMR During Inflation

As a business owner, everything you have to spend money on now costs more. If you don’t raise your prices, you won’t keep pace or maintain your profit margin.

Read: What to Do When Your Insurer Hangs You Out to Dry

What to Do When Your Insurer Hangs You Out to Dry

Scenario: A claim exceeds coverage and you begin to believe your carrier isn’t doing all it could or should to protect your interest.

Read: Identifying Central Station Indemnity Issues

Identifying Central Station Indemnity Issues

Indemnity exposes you to all your company assets, unless you’re smart enough to have created a separate entity to conduct the alarm business and you observe the necessary corporate procedures.

Read: Water Damage Suit Finds ADT Caught Without Contract

Water Damage Suit Finds ADT Caught Without Contract

Legal expert Ken Kirschenbaum explains why the decision of this ADT lawsuit is likely to come back to haunt the alarm industry for a long time to come.

Read: Acquiring Alarm Accounts Can Be Risky Business (Part 2)

Acquiring Alarm Accounts Can Be Risky Business (Part 2)

Buying contracts from another alarm company that doesn’t have trained techs or use proper, up-to-date alarm contracts? Demand every acquired account sign a new contract and terminate every customer who won’t sign it.

Read: When to Despair About Alarm System Repair (Part 1)

When to Despair About Alarm System Repair (Part 1)

What happens if an alarm owner has someone not properly credentialed or trained repair it, and subsequently there is an failure and fire-related damages claimed in a lawsuit?

Read: How to Figure Out What Your Alarm Business Is Really Worth

How to Figure Out What Your Alarm Business Is Really Worth

How do you measure the growth of your business? Legal expert Ken Kirschenbaum boils it down to just one calculation that’s not too hard to find out or remember.

Read: Net or Gross RMR? What You Should Expect a Buyer to Pay for Your Accounts

Net or Gross RMR? What You Should Expect a Buyer to Pay for Your Accounts

Not all RMR is created equal. If you’re invoicing a subscriber $20 that’s not likely the number to calculate for the account during a sale.

Read: When (and When Not) to Contract in a State You’re Not Licensed

When (and When Not) to Contract in a State You’re Not Licensed

You may think a few accounts is OK, but do you really want to contract with hundreds or more of accounts in a state where you’re not licensed?

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