In re the Claim of Williams

—Appeal from a decision of the Unemploy*948ment Insurance Appeal Board, filed October 7, 1996, which, inter alia, ruled that claimant was disqualified from receiving unemployment insurance benefits because he voluntarily left his employment without good cause.

Claimant, the sole shareholder and director of a business machine sales and service corporation, operated the sales division of the corporation and his daughter managed the service division. Due to increased competition resulting in financial difficulties, claimant terminated his employment and transferred his stock to his daughter as a…