Russell Weigel is a securities attorney and a member of the Clear Business Directory. Through Investment Attorneys, he helps his clients with compliance matters, arbitration defense or investigation defense. In this episode, Russell talks about the importance of due diligence, of being transparent to his clients as well as the other way around, and of trust, particularly in the securities industry. He also discusses education in raising capital and how being educated allows people to avoid a lot of mistakes that may get them in trouble. Today, we’re super excited because we’re talking to one of the members of the Clear Business Directory, Russell Weigel. He is a securities attorney, his business is the Investment Attorneys. I’m super excited to have him here because he brings a plethora of information to the business world. If you're raising capital, if you’ve ever dealt with bringing in investors, it’s so important [...]
Small business owners and entrepreneurs alike always ask how they can do a company information search. This goes way beyond yelp and the yellow pages. If you truly want to mitigate your risk you have to go further. Listen in as we give you the tools you can use to mitigate your risk.
Background checks are not all they are not what you think. Listen in as we explore the areas background check companies cover and how they are not applicable to business transactions.
There are four big secrets background check companies don’t want you to know. 1. They are not magical. Background check companies pull from public records, and those public records depend on databases. If the database is not up to date because an individual hasn’t lived in an address for a certain period of time, that information is not going to show up. 2. Overemphasizing importance of Criminal Checks Criminal Check One of the things background checks look are criminal records. The problem with doing a background check solely for criminal records is that criminal records are only good if the person has been caught. More importantly, not every single state reports up to a national criminal database. Colorado, for example, is one of those states and does not report to the national database. Local agencies within certain states don’t even report up to the state level. As such you would [...]
With the slew of background check companies online it can be easy to get swayed into paying for what appears a quick and easy answer to your hiring problem. However, as a business owner you should never do background checks. Sounds kind of funny coming from the due diligence people, right? But the biggest misconception about who we are and what we do at Avent-Guard is that “we perform background checks” for businesses. Nope, we don’t. Matter of fact we advocate AGAINST solely doing background checks because they are unreliable. There are so many factors that go into what a background check is and what it’s not that I won’t waste your time explaining them all. Here is a few reasons why you should not do background checks 1. Not all government and law enforcement agencies are required to report information. For that matter most are not required to have [...]