See Webinar announcement below
Quick Books Webinar:  register here 
https://attendee.gotowebinar.com/register/3856781481977174786

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Question - take over

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Ken

    Do I (as the installing alarm company) have an recourse against another alarm company that took over a panel that technically I own because I own the communicator?

Cyndi Miller, General Manager

Advent Security Corporation

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Answer

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    You own the communication software, not the panel [if you use the Standard Form Contract].  If someone takes your property you may have claim for conversion.  Probably here is that the damages are the value to you, not to the new company.  Unless the take overs reach the level of raiding your accounts I think your efforts would be better spent going after the defaulting subscribers, or if only occassional, forgetting about it.

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Question - assignment

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Ken,

    We  bought another alarm co. 2 years ago. One of the subscribers recently decided  to cancel. His contract with the previous alarm co. doesn't expire  until 2016.  He is saying that he can cancel because his contract is not with  us. I'm hesitant to go to small claims court if he is right.  Any  thoughts?   Thanks.

sharon

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Answer

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    You should be hesitant about small court but not because of this subscriber's defense.  Alarm contracts are assignable even if the alarm contract does not mention assignment.  The only time an alarm contract is not assignable is when the contract specifically states it's not assignable.  As a general rule only "personal" service contracts are not assignable, which refers to an entertainer's contract or a contract with someone with very special skills.

    Nevertheless, the Standard Form Contracts specifically permit assignment by the alarm company.

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TO SUBMIT QUESTIONS OR COMMENTS REPLY TO THIS EMAIL OR EMAIL Ken@Kirschenbaumesq.com.  Most comments and questions get circulated.

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WEBINARS

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Topic:  Integrating Quick Books with alarm company management software and credit card processing for RMR.  You will learn how to inexpensively automate and streamline your alarm business management using sofrware designed to work with Quick Books.  Hands on tutorial will demonstate how easy and useful this software can be.

 

When:  February 13, 2014 at 12 noon to 1 PM EST.

Register here:  https://attendee.gotowebinar.com/register/3856781481977174786

 

Moderator:  Ken Kirschenbaum

Panelists:  Mitch Reitman www.sicc.us;   Scott Taylor www.FI-Soft.com; Thomas Aronica  www.skybankfinancial.com

Who are the panelists:

    Scott Taylor, with Fi-Soft and manages the firms product development and partner relations activities..  Fi-Soft specializes in QuickBooks accounting software, training, and integrated solutions.  As a founding member of the Intuit Reseller Channel, Fi-Soft supports all versions of QuickBooks software and carries the highest level certifications from Intuit.  

    Mitch Reitman is a tax expert specializing in the alarm industry.  Besides accounting and tax work, he is an active and effective business consultant and alarm business broker.

    Thomas Aronica with SkyFinancial has a focus on credit card processing for the alarm industry including RMR processing, and integrates and works with Fi-Soft's Quick Books. 

Who should attend:  alarm company owners, office managers and those involved in alarm company nabagment, accounting and accounting records.  

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