For the love of your business
For the love of your business
According to the U.S. Small Business Association, small businesses create almost two of every three jobs in the U.S. every year, and half of working Americans are either owners or employees of a small business. The SBA advises entrepreneurs to seek counsel while in the initial phases of getting a business off the ground. As […]
Read MoreThe Internet has changed the way businesses negotiate, review and revise their contracts. Sending emails back and forth can make the process faster and more convenient, but you should be aware that it can also lead to inadvertent liability. The use of electronic evidence or digital data has drastically increased in courtrooms across the country. […]
Read MoreWhile there is no such thing as a business with no risk, most savvy business owners look for ways to mitigate risk as much as possible. Being aware of these three legal risks will create an understanding for the future of your business. Trusting a verbal or handshake agreement. This is more common early in […]
Read MoreBefore you consider in a new startup, you should understand that there is quite some distance between a great idea and a great company. As part of your due diligence, perform these reality checks before you spend your savings on starting something new: Are you ready for the entrepreneurial lifestyle? Entrepreneurship is not a get-rich-quick […]
Read MoreOne of the biggest risks small business owners take is not properly protecting their personal assets from business liabilities or judgments. In a recent Entrepreneur.com article, Mark Kohler, author of The Tax & Legal Playbook, offered these 8 asset protection strategies for business owners: Choose the right business structure. Operating as a sole proprietorship offers […]
Read MoreAs lenders ease credit conditions following the Great Recession, new business formation in the U.S. is on the rise. If you are starting a business in 2015, be sure you pay attention to the following prerequisites: Discuss with legal counsel which corporate structure is best for your business: sole proprietorship, partnership, corporation (C or S), […]
Read MoreWhen you hear the name “Oprah,” you think of one person. Not only because the name itself is so unique, but also because billionaire entrepreneur and media mogul Oprah Winfrey has done such an outstanding job of protecting and promoting her brand. A recent article at Entrepreneur.com examined the legal strategies Oprah has employed to […]
Read MoreCompleting your small business taxes for 2014 may already be in your rear view mirror, but the stress of taking time out of your business to do them may be lingering. Even if you have filed an extension, there’s always next year. And, you may be surprised to hear this, but this is the time […]
Read MoreThese days, many people are reinventing their work lives by investing in a franchise. Franchises offer the benefit of a proven business model, making them attractive to new business owners who seek to manage risk and protect their investment. However, franchise agreements are not forever and there are circumstances when a franchise owner chooses — […]
Read MoreAs a business owner, you likely spend most of your time thinking about money, profit margins and cash flow. But, your most valuable resource is actually your time and it’s time for you to invest a lot more of your energy using money, which is infinitely renewable, to free up what’s nonrenewable, your time, energy […]
Read MoreIt’s pretty amazing to think of all the things we do online today that would have been unthinkable just a few years ago. But just because you can do something online doesn’t necessarily mean you should. And that certainly applies to fulfilling your company’s legal needs. Here are three reasons why do-it-yourself legal documents won’t […]
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