QUESTION Q: How can I show my business associates that I’m a serious business even though I only opened my company last month? — New Kid on the Block ANSWER Dear New Kid, a powerful way to convey your professionalism, reliability, and longevity at every stage of your business is to always come to […]
Read MoreIf you’re looking to turn your side hustle into your full-time career, you might be wondering if you can use your current employer’s group legal insurance for your startup’s legal needs. It’s common to opt for group legal insurance offered through your workplace benefits. These group insurance plans provide free legal assistance for a variety […]
Read MoreAs a small business owner, it’s essential to consider potential legal pitfalls that come with managing a workforce. While payroll and workplace policies may seem like less consequential aspects of your business, team member complaints, and workplace violations are one of the top areas where small business owners find themselves in hot water. Taking a […]
Read MoreCash flow is king when it comes to business, and maintaining strong cash flow requires consistent sales. That may sound obvious, but what’s likely unclear to you is how your legal agreements can greatly impact your sales. You may be losing sales because of how you handle your contracts without even realizing it. In this […]
Read MoreAs a small business owner, there were a lot of decisions you considered when you started your business, from what services to offer and where your business would be located, to what color your logo should be and what font you’ll use. You also had to choose what kind of entity your business would be, […]
Read MoreYou may have heard the term “national debt ceiling” in years past, and if you’ve turned on the news at all in the past few months, you’ve definitely heard it. Although the national debt ceiling extension may feel like something far removed from the day-to-day operations of your business, it can significantly impact your daily […]
Read MoreFinding the right people to support your business is a difficult task. Applicants who seem like a perfect fit on paper may perform poorly once they’re in the role, and even more frustrating are team members who excel in the position but suddenly decide to leave your company after just a short time. If this […]
Read MoreIf you’re looking to expand your business or free up your time (or both), the best thing you can do is hire support. When hiring, you need team members you can count on to run your business when you aren’t there – an essential component of being a successful entrepreneur and avoiding burnout. But going […]
Read MoreThe dream of passing on your business to your children and witnessing the legacy you’ve built continue to flourish is a powerful one. However, inspiring your children to embrace the idea of taking over the family business can present its challenges, and your children may even exhibit resistance to the notion altogether. Fret not. While […]
Read MoreIf you’re a small business owner, you’ve probably been enjoying the privacy and simplicity that owning a small company affords you. (I mean, who will really notice if you take a half-day on Friday or forget to have an annual shareholders’ meeting?) Aside from the flexible vacation you get as the owner, holding your business […]
Read MoreLast week, we looked at three types of insurance coverage that every business owner should have. While buying insurance coverage may seem low on your to-do list, making sure you and your business are protected from lawsuits is one of the most important things you can do for your business. After all, your business can’t […]
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