You’ve undoubtedly heard news stories about big companies like Target and Equifax having their computer networks breached and their customer data stolen. Depending on the nature and severity of the breach, these companies can face massive lawsuits, hefty fines, and see their reputations negatively impacted by the resulting media fallout. To guard against cyber threats, […]
Read MoreOver the past few years, the Trump administration and Republicans have consistently worked to weaken and repeal the Affordable Care Act (ACA). The most significant of these efforts was the 2017 Tax Cuts And Jobs Act (TCJA), which repealed the ACA’s individual mandate requiring all Americans have health insurance or pay a penalty. This repeal […]
Read MoreIt’s estimated that one-in-three small businesses is sued or threatened with a lawsuit at some point in its life cycle. And even if you end up winning the suit, the price of defending yourself in court can be massively expensive in terms of lawyer fees and court costs. Seeing that you face potentially ruinous risks […]
Read MoreAs an entrepreneur, you’re no doubt extremely talented and driven when it comes to your core product or service. Whether you develop smartphone apps, provide healthcare services, or brew craft beer, without a high level of confidence and passion for your particular trade, you probably never would’ve gone into business in the first place. On […]
Read MoreNearly every week, the news is filled with headlines announcing that some big company lost or was forced to settle a lawsuit for mega millions. While big-name corporations may be able to survive such litigation relatively unscathed, for small and medium-sized businesses, just a single lawsuit could sink your entire operation. Even if your company […]
Read MoreIf you own a small company where you personally know and interact with everyone who works for you, it can be hard to fathom that one of those people would ever steal from you. But the fact is, embezzlement happens all the time, even at small, family-owned businesses. Indeed, according to a 2017 study on […]
Read MoreBefore you open your business, it’s imperative to have proper insurance coverage. A single lawsuit or catastrophic event can wipe out a company before it even has a chance to get off the ground. That said, there are many types of insurance out there, and some policies can be extraordinarily expensive, so it’s critical to […]
Read MoreIf you’ve dreamed of leaving your company to your family but haven’t sufficiently included your business in your estate plan, that dream could become a nightmare for your heirs—and for your business’ team members and clients, too. To ensure your company is passed to your family in exactly the way you desire, you want to […]
Read MoreLiability insurance is a valuable form of protection needed by most businesses. Choosing the right policy for your business can be tricky, so it’s important to understand what liability insurance covers before you make the investment. If you get sued for personal injury or property damage, general liability insurance will cover the cost of counsel […]
Read MoreOperating a business dependent upon your skills and expertise makes you a very valuable person to your business, but could leave your income (and your family’s well-being) at risk if and when something happens to you. Maybe you have not considered how important estate planning is because you’ve just accepted the fact that your business […]
Read MoreIn December 2016, former President Obama signed an important health care act that will help alleviate the burden of employee health insurance on small businesses. The 21st Century Cures Act will allow, among other things, small businesses to reimburse their employees for individual health insurance if they do not offer a group plan. For small […]
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