For the love of your business
For the love of your business
As 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 […]
Read MoreThe Department of Labor has announced that legal rights given to married couples under the Family Medical Leave Act (FMLA) will now be granted to same-sex couples who marry in states that recognize same-sex marriage. Enacted in 1993, the FMLA allows eligible employees to take unpaid leave for specific medical and family reasons, including a […]
Read MoreBusiness owners should be aware of the difference between choosing a name for a new company and registering a trademark for your business and/or product. The process of choosing a name for a company is necessary when creating a corporation or LLC (limited liability company). Once you have chosen a name, you should check your […]
Read MoreWhether you are creating a written contract or letter of agreement to formalize a business deal, there are certain items that must be included in order to minimize risk in case of litigation as well as clarify the terms of the business relationship. These include: Official Names of the Parties – Be sure to sign […]
Read MoreProtecting Your New Business From Trademark Infringement Liability Exposure Choosing a name for your new business is an important decision that could have a major impact on your company’s profitability. Before choosing a name for your business (not necessarily your corporate name, the name of your limited liability company or partnership because those could be […]
Read MoreIf you are starting a new company or have an unincorporated entity that has grown to the point where protection of your personal assets may be desired, the selection of the proper business entity can be critical to the future success of your business. There are 10 essential questions you need to ask as part […]
Read MoreOne of the most impactful decisions business owners will make is their selection of business entity – sole proprietorship, partnership, limited liability company (LLC) or corporation – for their company. This decision has important tax, legal and operational implications, so choosing the right entity is vital. Business owners have several choices when it comes to […]
Read MoreWe know that building a thriving family business takes a lot of hard work, and to ensure the business continues to thrive, it takes foresight and planning. When business owners are preparing to transition the business to the next generation of leadership, it is critical to have a well-considered succession plan to guide them. To […]
Read MoreIt is a common misconception that oral contracts are not enforceable. It is true that certain agreements must be in writing to be enforceable. For example, the statute of frauds requires agreements involving real property, marriage, performance over multiple years and the sale of goods over $500 to be in writing. If an oral agreement […]
Read MoreMany business owners encounter cash flow problems at one time or another, primarily due to slow collection on past due invoices. However, the way you invoice can help you avoid late payments. Here are six tips to good billing practices: Identify each service or good being provided along with its cost. Be sure to include […]
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