Working for yourself comes with many benefits. But it can also throw you into unfamiliar territory, financially and emotionally. Taking that leap into entrepreneurship doesn’t just require a business plan and funding, it takes emotional intelligence – the capability to recognize and work productively with your own emotions and those of others. In fact, this is […]
Liability insurance is a valuable form of protection needed by most businesses. Choosing the right policy can be tricky, so it’s important to understand what business liability insurance covers before you make the investment. If you get sued for personal injury or property damage, general liability insurance will cover the cost of counsel and the claim, […]
Family businesses tend to bring to mind small mom and pop enterprises that make a profit but aren’t necessarily industry leaders. True, you can find mom and pop at the helm in many family owned and operated businesses. But an analysis done by Boston Consulting Group found family controlled businesses account for more than 30% […]
Your partnership agreement is a legal document that outlines each partner’s rights and responsibilities as well as the operating procedures for the business. When a group of people come together to invest in a business venture, the partnership agreement can provide valuable protections. But drafting an agreement that provides you with the protections you need […]
Business growth is a dream that sparkles in the eyes of many small business owners. But bigger is only better when your business operations are scalable. Significant growth without proper planning usually comes with extra costs and more work that could leave you and your business vulnerable and unprepared for the challenges of success. If the […]
As digital currency becomes increasingly common for businesses to conduct business online, the fees associated with online transactions rises to the top of the list of liabilities to be considered. The convenience of taking virtual currency comes at a cost. When looking for financially sound solutions to this problem, you may hear about Bitcoin and […]