When 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 MoreIn light of the pandemic, the rules and programs governing income taxes for businesses have changed numerous times over the last two years, which has caused confusion and headaches for more than a few business owners. And while many of the pandemic-inspired programs and tax breaks have already ended or will end soon, a few […]
Read MoreQ & A: QUESTION ______________________________________________________________________________ Q: Can my company still qualify for the Employee Retention Tax Credit in 2021? —Curious CFO ANSWER ______________________________________________________________________________ A: Dear Curious: The Employee Retention Tax Credit (ERC) is a fully refundable tax credit created in 2020 to encourage businesses to keep employees on their […]
Read MoreWhen you are just starting your business, it’s easy to lose sight of just how many potential risks your company faces. Yet a single accident or lawsuit can wipe out your company before it even has the chance to get off the ground. While setting up a business entity like a limited liability company (LLC) […]
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