For the love of your business
For the love of your business
These days, you’ll find all sorts of advice about how best to launch a business. But with so much information out there, it’s hard to know what you should heed and what you can ignore. To make things simple, we’ve compiled a list of five fundamental tips for starting a business that you can’t afford […]
Read MoreQ: What is involuntary bankruptcy, and can it happen to my business? —Concerned Borrower A: Dear Concerned: While uncommon, creditors who believe they have no other recourse to get paid by a business debtor can force that company into what’s known as “involuntary bankruptcy.” Though involuntary bankruptcies against businesses do happen, several rigid conditions must […]
Read MoreBusiness owners who launch workplace health and wellness programs can enjoy a wide-range of valuable benefits, not just for their employees, but for the entire company. Outside of a healthier and happier team, such programs can also increase productivity, save money, and even enhance your brand’s image among current and prospective employees. If you’re looking […]
Read MoreIf you’re a business owner, one of the most important choices you must make is whether to hire full-time employees or use independent contractors (IC). While the two classifications may seem quite similar, they both come with a wide array of unique advantages and disadvantages. What’s more, if you make a mistake when classifying your […]
Read MoreNon-compete agreements are commonplace in today’s workforce. According to reports from the U.S. Department of the Treasury, roughly 19 percent of American workers, or 30 million people, are currently covered by non-compete agreements. While non-compete agreements are fairly widespread, they’ve come under fire lately in the courts as being unfair to employees and imposing overly […]
Read MoreFor many entrepreneurs, being a “workaholic” is the default status. Though such drive and dedication can be positive in short bursts, in the long run it leads to stagnation, burnout, and worse. Just as experts advise us to step away from what we’re working on for short breaks throughout the day to maximize creativity, the […]
Read MoreBefore you open your business, it’s imperative to have proper insurance coverage. A single lawsuit or catastrophic event can wipe out a company before it even has a chance to get off the ground. That said, there are many types of insurance out there, and some policies can be extraordinarily expensive, so it’s critical to […]
Read MoreQ: What are entrepreneurial retreats, and what value do they offer? —Stressed-Out Business Owner A: Dear Stressed-Out: Entrepreneurial retreats offer a blend of personal and professional development for business owners looking to relax and recharge their creative batteries. Many retreats involve traveling to foreign locales, where attendees are completely removed from their demanding daily pressures, so […]
Read MoreWhen getting a business off the ground, one common mistake business owners make is not establishing a solid legal foundation to protect their company from unforeseen situations and circumstances. The most effective and efficient way to provide this legal bedrock is by putting a set of key legal agreements in place. Gleaned from years of […]
Read MoreMany small business owners fail to realize just how valuable their intellectual property is. But the fact is, intellectual property (IP) makes up between 40% to 90% of the total value of some companies, according valuation experts. Given this, it’s extremely important that these assets are well protected if you have them—and you probably do, […]
Read MoreOn December 22, 2017, President Trump signed the Tax Cuts and Jobs Act bill into law, and taxpayers are still trying to figure out how it might affect them. This is especially true for business owners, as the most dramatic changes under the law are aimed at how businesses are taxed. We’ve highlighted the most […]
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