The reality of being a business owner is that you open yourself up to a number of unique risks that most people don’t have to worry about—and the more successful your business is, the more risks you face. These risks also don’t care what industry or market you’re in. Unfortunately, most business owners aren’t fully aware of all the potential risks …
“Just set up an LLC . . .” These are famous last words in the business world. Setting up a business entity structure might not be the most exciting aspect of starting your own business. However, as a new, or even an experienced, business owner, there can be unexpected surprises but protecting your business should not be one of them. …
I was the kid who wanted the crust off of a peanut butter and jelly sandwich because I didn’t think it was necessary. “That’s the best part” my mom would say to me as she took a bite! As an adult I understand what she meant, the proverbial crust is the best part sometimes. Similarly, cutting corners with your business …
As an entrepreneur, you have spent years putting in hard work, sweat, and tears to build your small business. You have thought of every meticulous detail in order for your business to run properly, but have you taken time to consider what will happen to it when you retire, become disabled, or pass away? Although it is often hard to …
Nobody likes to consider a breakup at the start of a new relationship. Like romantic relationships, business relationships can (and do) end—and failing to plan for the worst can lead to much more than a broken heart. A fallout with a business partner can mean the loss of all of your clients, your staff, or your future profits—especially if you don’t …
As an entrepreneur, you have spent years putting in hard work, sweat, and tears to build your small business. You have thought of every meticulous detail in order for your business to run properly, but have you taken time to consider what will happen to it when you retire, become disabled, or pass away? Although it is often hard to …
