Q & A: QUESTION ______________________________________________________________________________ Q: What are some easy ways to reduce my new company’s expenses? —Cost Cutter ANSWER ______________________________________________________________________________ A: Dear Cutter: When running a new business with limited revenue, it’s critical to rein in spending. Some easy ways to reduce expenses include encouraging your team to work remotely, […]
Read MoreFew business owners are legal experts. Yet many act like they are veteran attorneys when it comes to their legal agreements by thinking they can simply wing it and create their own contracts or rely on cheap, fill-in-the-blank legal forms they purchase for cheap online. However, this is playing with fire. In fact, you could […]
Read MoreAs a business owner, it’s inevitable that you will face minor conflicts and disputes at some point. Whether it’s a client who refuses to pay a bill, an independent contractor who fails to fulfill the terms of their agreement, or a vendor who stiffs you on an order, dealing with such issues is a simple […]
Read MoreWhen running a small business, every dollar counts, so it’s critical to keep a tight rein on your expenses, especially when you are just starting out and have limited revenue. If not monitored carefully, spending can quickly get out of control and put a serious strain on your operation’s financial health. Outside of hiring an […]
Read MoreIf you have yet to put in place an estate and succession plan for your business, you’re going to leave the people you love most—your clients, your customers, your team, and your family—in the lurch when something happens to you. And while that probably won’t be tomorrow, it could be. We get it—there are plenty […]
Read MoreQ & A: QUESTION ______________________________________________________________________________ Q: What is an intellectual property audit, and should my company get one? —Cautious COO ANSWER ______________________________________________________________________________ A: Dear Cautious: An intellectual property (IP) audit is a comprehensive, systematic review that identifies all of your IP assets and then evaluates all of the potential risks and […]
Read MoreWhen it comes to your company’s brand identity, nothing is more vital to your company than its name. By developing a highly catchy name for your business, you can quickly get your company recognized, remembered, and respected. That said, coming up with the right name for your company involves a number of critical legal issues. […]
Read MoreOf all the different choices you have to make when starting a new business, arguably none is more critical or has a more significant impact on your success or failure than your choice of business entity structure. The entity you choose will affect everything from the amount of taxes you pay and the type of […]
Read MoreOf all the different choices you have to make when starting a new business, arguably none is more critical or has a more significant impact on your success or failure than your choice of business entity structure. The entity you choose will affect everything from the amount of taxes you pay and the type of […]
Read MoreAlong with websites, e-newsletters, and social media, in today’s digital-everything world, many companies now have their own mobile apps. In fact, some companies’ primary digital platform is their mobile app. And as smartphones, iPads, e-tablets, and other mobile devices become more popular, having an app may soon become as ubiquitous for businesses as having an […]
Read MoreAlthough intellectual property (IP) has always been an essential part of most companies’ overall value, with the rapid rise of internet-based technology and e-commerce over the last few decades, IP is increasingly becoming the primary source of value for businesses both large and small. In fact, studies show that today up to 80% of the […]
Read More