For the love of your business
For the love of your business
December is the month that many business owners spend extra time winding down the year and planning for the new year. Here are five year-end tax planning tips to prepare your business for 2014: Review subcontractor information. If you paid any subcontractor more than $600 during 2013, you are required to send each subcontractor a […]
Read MoreOn Nov. 27, the federal government announced a one-year delay for small businesses to sign up for insurance plans using HealthCare.gov. The enrollment deadline is now November 2014 for coverage that will take effect in January 2015. The government said the delay was necessary to allow individuals impacted by the well-known technical difficulties with the […]
Read MoreWith the U.S. divorce rate at around 50% for first marriages and even higher for second marriages, a divorce’s impact on the fate of your business should be cause for concern. The best thing that business owners can do is take preventive measures to ensure their companies will not suffer from a divorce – either […]
Read MoreThe term “patent troll” has entered the corporate vernacular thanks in large part to the ongoing “smartphone patent wars” as well as the increasing number of companies that have begun to take a stand in fighting the malicious behavior of entities that exist solely for filing frivolous patent litigation. According to a White House report […]
Read MoreNon-compete agreements have traditionally been a trusted business tool to help companies protect proprietary information that is central to their business. However, the proliferation of these agreements in the past decade or so has caused them to lose their teeth in courts across the country. Here are some tips on implementing non-compete agreements that will […]
Read MoreBeyond the products or services you offer, your company has intellectual property that needs to be rigorously protected. Too often, business owners and entrepreneurs neglect to put the proper safeguards in place, which can lead to big legal expenses down the road. Here are 6 costly IP mistakes you need to avoid to protect your […]
Read MoreIf you are planning to sell your company now or sometime in the future, a recent Forbes.com article advises that there are 3 strategies you should use to get as much cash out of your hard work in building the business as possible: Pre-sale planning. Look for opportunities to increase the sale price of your […]
Read MoreMost business owners build a business with an endgame in mind: either cashing it out or passing it on. Whatever your scenario is for what happens to your business when you retire or die, it is not likely to happen without a comprehensive plan that aligns your personal and business objectives. If you plan to […]
Read MoreConsider all the time you have spent or will spend building your business – and then consider how much energy you have spent on how to protect it or protect your family from it. Unfortunately, many small business owners don’t give much thought to asset protection until it’s too late – when a suit is […]
Read MoreIf you have built a successful business and plan to leave it to your heirs or business partners, doing so is not a process that just happens naturally after you retire or die. If you don’t have a buy-sell agreement, a business succession plan, a business transition plan or a business preservation plan in place, […]
Read MoreSocial consciousness at the corporate level has become an increasingly more important point of differentiation for many companies, and some companies today exist primarily to fill a social purpose. So what is the best business structure for these companies? There are several from which to choose: Benefit Corporations. Seven states, including California, allow for Benefit […]
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