For the love of your business
For the love of your business
Mention developing your corporate culture these days, and many people think of having a relaxed dress code, allowing your team to bring pets to work, or adding a ping pong table to the break room. But your company culture is much more than that. A strong corporate culture is integral to your business. It affects […]
Read MoreIt’s challenging enough to run a successful business without having to worry about getting sued. But in today’s highly litigious society, lawsuits are all-too-common, and you should take every necessary precaution to protect your company from unnecessary litigation. One of the worst aspects of lawsuits is that even if you win, you’re still on the […]
Read MoreIf you’ve ever had clients who were more trouble than they were worth, you know how distressing such toxic relationships can be. It can be difficult to drop a client, especially if finances are tight, but sometimes the best thing you can do is to break off the relationship. It’s important to remember that not […]
Read MoreQ: Do I need liability insurance if my company is an LLC? -Wondering A: Dear Wondering: Every company, regardless of entity structure, really should have liability insurance. This is because limited liability companies (LLCs) and liability insurance offer two distinct forms of protection. An LLC is designed to protect your personal assets from lawsuits and […]
Read MoreSocial media offers you an amazing opportunity to authentically connect with clients, build brand awareness, and dramatically boost sales. When done right, social media can propel even a tiny business into a global phenomenon overnight. When done wrong, however, social media can do incredible damage to your brand in just as short of a time […]
Read MoreOver the past few years, the Trump administration and Republicans have consistently worked to weaken and repeal the Affordable Care Act (ACA). The most significant of these efforts was the 2017 Tax Cuts And Jobs Act (TCJA), which repealed the ACA’s individual mandate requiring all Americans have health insurance or pay a penalty. This repeal […]
Read MoreUpon first glance, starting a business with your spouse can seem like the ideal opportunity. You get to spend more time together, make money, and build your own company with someone you implicitly trust. If you have an amazing marriage, you should be just as successful at running a business together, right? Unfortunately, it’s not […]
Read MoreOne of the smartest moves you can make as an entrepreneur is to structure your business as a limited liability company (LLC) or an S Corporation. You’re probably aware that both LLCs and corporations can protect your personal assets from debts and lawsuits incurred by your business, but they also offer other key benefits that […]
Read MoreThis week the Department of Labor issued an opinion letter signaling that it’s siding with business owners when it comes to determining whether gig workers like Uber drivers should be classified as employees or independent contractors. The DOL letter concluded these workers are contractors, not employees, and as such, they’re not entitled to federal protections […]
Read MoreQ: I need some basic contracts to use in my business. Do I need a lawyer to draw them up, or can I use templates I find online? -Buster Budget A: Dear Buster: Though it may be tempting to use generic legal agreements you find online, these do-it-yourself (DIY) documents are no substitute for the […]
Read MoreIt seems like every other week there’s another story of a multimillion-dollar family business that falls apart shortly after the current owner steps down or passes away. This sheds light on an ugly truth. Most family businesses are woefully unprepared for the existing owner to depart, especially if it’s unexpected, as is the case with […]
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