Legal documents are the last thing you want to work on when starting a small business. Time is money and there never is enough of it. However, if you don’t prepare the proper paperwork, you leave yourself vulnerable to conflicts and lawsuits that could end your business. Make sure your hard work doesn’t go to waste and draw up these six legal […]
Think buying a franchise is going to be the business opportunity of your dreams? Make sure you aren’t making one of these ten mistakes, or you might end up regretting your decision. 1. Wanting to Be Your Own Boss You might think buying a franchise means you’ll gain independence, be your own boss, and control your destiny. […]
Before starting a business with others, it is crucial you draft a buy-sell agreement. Even for the simplest businesses, a buy-sell agreement can save it from future financial collapse. In fact, it might be the only written document you need. Learn why they are important and the top six things to consider when drafting one.
Finding the best employees to execute an entrepreneurial vision is always a challenge. Here is a new employee checklist detailing the seven traits new hires need in order to surround yourself with the most effective team possible.
Thinking about buying a business? Here are five steps to find the right business and close a favorable deal. 1. Consider the Pros and Cons of Buying a Business Pros Less risk. As opposed to starting one, buying a business gives you access to immediate cash flow and profits. You get an established reputation and brand, loyal customer base, […]
Do you ever fear that one day everyone will realize you aren’t as smart, talented or hard working as they once thought? That deep down, you’re a fraud? This common psychological phenomenon in high achieving people is called imposter syndrome. Learn what it is and how to overcome it. What is Imposter Syndrome? Psychologists define imposter […]
How to Start Your Rebranding Strategy Before your business decides to rebrand, you must start the process considering the legal issues involved. If you don’t, your rebranding strategy will be worthless and will put your company’s brand equity in danger. Protect Your Logo, Name and Tagline For the most part, two intellectual property rights — copyrights and trademarks — cover your brand. […]
Launching Your Business Using Crowdfunding Crowdfunding for business financing gets easier every year. New laws are making it easier to crowdfund as much as $1 million a year without a going through a public offering. With a solid strategy and cohesive team, crowdfunding harnesses the contributions of a large support network to launch and build your business […]
The CAN-SPAM Act regulates all marketing emails sent in the United States. When considering email marketing best practices, businesses first have to make sure they adhere to this anti-spam law.
Leasing commercial office space is often the largest expense for a small business. And if you agree to suboptimal terms, your lease could put you out of business. Here’s what entrepreneurs should know to protect themselves before leasing commercial property.