When people think of risk management for businesses, they often think of insurance. Indeed, there are quite a few types of insurance you may wish to consider in order to protect your business from losses: General and professional liability Commercial property...
Perhaps when you began your business, you believed that the decisions you made would carry it well into the future. However, as time progressed, you began to wonder whether making some changes to your company would increase its efficiency or drive a higher profit. Or...
Starting your own business can be an exciting time. Maybe you’ve just quit your corporate job and have finally worked up the courage to branch out on your own. You may be filled with ambition and creative energies – eager to get things running.While your...
There are a number of options to choose from when forming a business entity. Your business entity will serve as your foundation and determine the structure of what you can build in the future. Your choice will either limit you, if you choose incorrectly, or empower...
You’ve got a bright idea and the talent to bring it to life – but your coding skills might not help turn your startup into a legitimate business. You’ll need to consult business lawyers, investors and potential partners as well. You might be thinking...
Recently, you signed a contract on sales of goods, but now you wonder if the other party violated that agreement. Because this is the first time this happened, you are unsure of how to articulate your grievances in a way to plead your case properly.Here are some...
2020 has proven to be the year of unprecedented challenges – from a global pandemic to rising unemployment to societal unrest. This year has hit everyone hard – including business owners.No one was prepared for everything this year had in store. But those...
Cybercrime is difficult to catch until it’s too late. This is because people who engage in these activities generally know how to cover their tracks well or divert suspicion. It also takes hours of research to determine what happened and when, and to tie this...
After all your efforts working on your business proposal, finding the right location and securing all the necessary equipment, you and your partners are ready to open your business. Have you carefully examined your partnership agreement for potential hurdles?In this...
Protecting your business may seem more complicated these days than it was for past generations. It was not long ago when a business owner could lock the front door of their building and feel confident that the business was safe from thieves. In modern businesses,...
