As a business owner, it’s crucial to regularly assess and improve various aspects of your business to ensure its long-term success and protect your assets. But most entrepreneurs struggle to find the time to review their systems and most don’t know where to even start or what to do with the information they find when […]
Read MoreYou don’t have to own a large company to own intellectual property. If your business creates inventions, written and artistic works, designs, logos, brand names, and images, you almost certainly have intellectual property. However, because intellectual property is intangible, it’s often overlooked in your business’s succession plan and your own personal estate plan. Even if […]
Read MoreAs a business owner, it can be easy to see an opportunity to mentor a young professional as a purely charitable experience. But mentorship can play a pivotal role in shaping your legacy when you approach it with the right mindset. Not only does mentoring give you the opportunity to invest in the life of […]
Read MoreIn the exhilarating journey of running a business, there’s an often unspoken challenge that many entrepreneurs face – the distortion of one’s perception of money. This phenomenon, referred to by Personal Family Lawyer® CEO and Founder, Ali Katz, as “Money Dysmorphia,” stems from deep-seated, often inherited fears and beliefs surrounding money. When Money Dysmorphia exists […]
Read MoreDealing with clients who bring more complications than benefits can be a burden on your business, causing undue stress and even a loss of revenue. However, breaking ties with such problematic clients can be a tough decision, especially if your business is still finding its footing or you’re strapped for funds. Nonetheless, there are instances […]
Read MoreQUESTION 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 […]
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