Rogue Reviewer? in Geocaching topics Posted November 28, 2009 An owner cannot be laid off. Hummmm....seems I have been every year for the last 30 years. I'd have to say your statement is incorrect. I know where you are coming from but sbell is right, an owner cannot be laid off from his business, just ask your state unemployment office. You would be better described, perhaps, as an Owner in name, until, as The Rambler pointed out, you have the deed in your name. When my Dad passed away I got the family farm, but it was not Legally mine until the deed was in my name, until then even though everyone around here considered me the owner, in the view of the state I was not. I very carefully worded my response to say not on paper...some missed that. However, you are mistaken in that, had my dad ever drawn a paycheck, he could have drawn unemployment as part of how the situation is. Or so our paper pushers say!