Business Essentials

Owning a successful business takes lots of different knowledge and know-how to get it running smoothly—which includes avoiding risks.  Yet many entrepreneurs forge full steam ahead without professional legal advice … for a variety of reasons. Cost. Fear. Ego, to name a few. But without it, seemingly small missteps like “oops, my independent contractor should […]

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After reading some stats on the growth of women-owned companies, I was tempted to get depressed. According to the U.S. Department of Commerce (2010), 88% of all women business owners are sole proprietorships without employees. 80% of all women-owned businesses earn less than $50,000.  (It’s not so fabulous for men-owned businesses either: 77% for ownership […]

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As if you didn’t have enough to worry about with running your business, there are a host of reasons your company could be sued. Millions of civil lawsuits get filed every year in the United States. Like the Biblical Ten Plagues, potential business perils swarm, and should they land on your company, can wreak enormous […]

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As a child, I was painfully shy. And old habits die hard. Fast forward 25 years — I’m not long out of law school, and newly minted as a business owner, having started my own law practice. I had to exert authority in my firm and exude authority to clients and others. But I still […]

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The article “Protect Your Business and Your Family” raised a valid point — that partnerships are not eternal.  But the point is not an obvious one. Many business owners I know and advise refer to their “business partner” as the person with whom they own a business.  The business may take the legal form of a […]

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Post image for Are You a Networking Rock Star?

I saw the film The Rocker on PPV last weekend (if you’re a Spinal Tap fan, I think you’ll enjoy it . . . and the music kept my toes tapping). In addition to underscoring the power of YouTube (ya gotta see it!), the film got me thinking: When it comes to networking–and building a […]

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Post image for Basic Training: (A Little) Night Reading: Great Business Blogs for Entrepreneurs

Yes, your time is at a premium . . . but all it takes is one great idea, one spark of inspiration to really heat up your company, right? And what better way to get that than reading about some of those deep in the trenches of entrepreneurship? Here’s Bootstrapper’s list of must-read blogs for […]

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Small business owners often look at their company as their retirement plan—and they may truly believe there’s a big pot of gold waiting for them at the end when they sell their company. Yet, very often, the entrepreneur hasn’t taken the steps to get the plans in place to build to sell (and put money […]

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Post image for Lawyer Jokes: Did You Hear the One About the Hot-Air Balloon . . . ?

A little legal levity for a Friday afternoon. Enjoy! * * * * Advice from lawyers George and Lenny decide to cross North America in a hot-air balloon. However, neither was a particularly experienced balloonist, and Lenny’s mind quickly drifted from navigation to thoughts of how clouds look like cuddly little bunny rabbits. Upon realizing […]

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Post image for Happy (Belated) Law Day!

Did you know that yesterday was Law Day? I suppose that for many of you, the day passed with nary a whiff of the incredible celebrations to be had. Parades in the street! Inspirational speeches! Revelry! Bar associations around the country use it as a day to celebrate community and the importance that law plays […]

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