For the love of your business
For the love of your business
Q: Can Bankruptcy Save My Business? – Concerned Entrepreneur A: Dear Concerned: If you’re struggling with debt, but don’t want to shut down your business, bankruptcy might be one way to save your company. While this may sound paradoxical, many big corporations— American Airlines, General Motors, and Kodak—have successfully used bankruptcy to restructure debt and […]
Read MoreOwning a business is challenging even in the best of times. Add a global pandemic, the likes of which we have never seen in our lifetime, and it becomes much more overwhelming. Often, business owners try to compensate for shortcomings in their business by bringing in more and more revenue. For many people, however, business […]
Read MoreThere isn’t a single person who isn’t impacted by the spread of COVID-19, in some way. With the sheer number of businesses, public spaces, and schools closing, we are all finding ourselves in positions we very likely have not planned for very well. This is a time unlike any other that we have experienced, and […]
Read MorePeople start their own businesses for all sorts of reasons. Sometimes it’s a lifelong dream. Sometimes it’s a desire to have more control over one’s time and money. Sometimes it’s just old-fashioned necessity, like if you’ve been laid off from your job and are having trouble finding a new one in your field. But if […]
Read MoreIn my previous article, I gave you some ways in which you can prepare yourself and your business when served with a lawsuit. I mentioned one thing in particular that could mean all the difference in dealing with this scary scenario—finding the right lawyer to help you resolve the conflict, or litigate on your behalf, […]
Read MoreQ: What insurance do I need? – New Biz Owner A: Dear Biz: Liability 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.cl If you get sued for personal […]
Read MoreWhile it’s still hard to tell how the Coronavirus will impact us in the long term, it’s become a subject that’s impossible to ignore. While some are advocating we prepare to be quarantined, potentially for months, others are saying the virus is nothing more than a common cold. The World Health Organization takes a more […]
Read MoreFacing your first lawsuit as a business owner can throw you into emotional turmoil and fear, understandably. Suddenly you are faced with extraordinary costs and uncertainty. Even worse, the lawsuit may be reflecting back to you your greatest fears about yourself, and perhaps even about the work you do. But a lawsuit doesn’t have to […]
Read MoreWith the passage of AB5 in California (the new law that imposes significant risk on employers who mischaracterize employees as independent contractors), and the potentiality for that same law to be applied across the United States, you may be considering incorporating to strengthen your position that you are not an employee. If so, we think […]
Read MoreIf you are an Independent Contractor in California, or you have any team members in California that you have hired as an Independent Contractor, you must contact a Family Business Lawyer™ immediately to discuss your options. You can read the summary of AB5 on Wikipedia, including legal challenges to the law. And, you can read […]
Read MoreQ: What is cyber insurance? -Tech Newbie A: Dear Newbie: Cyber insurance offers protection against damages resulting from threats to your company’s computer systems and data, such as hacking, data breaches, network failures, and other events. If your computer network is breached and your data is lost, stolen, or compromised, the cost to recover and […]
Read More
