January 6, 2020
I hear a lot of complaints from business owners about not getting paid . . . cash flow is an issue . . . and they’re concerned about meeting their own obligations. But when we start to explore how they can protect themselves from slow payers, I find that they’ve often left themselves exposed. Here are just a few areas where a little protection can go a long way: Charging interest. If a customer pays you late, you’re losing not just the fee (or the price), but also the time value of having the money in your pocket. Charging interest or late fees on late invoices can supplement that lost time value. Attorney fees. One of the big impediments to bringing a lawsuit is the cost of hiring an attorney to handle the matter. If the other side had to pay your attorney fees (assuming you were in the right, of course), you’d then have a huge bargaining chip to resolve the matter sooner. Venue. If you do business with out-of-state clients, the last thing…
Continue ReadingEntrepreneurs often ask me to create the “perfect one-page agreement.” Maybe they expect partnership agreements to be 3 pages . . . maybe 5 . . . but the expectation is that shorter is better.…
Read MoreListen to the Episode Below: I only want to focus on 3 things, said Caryn. But who will do the rest? Burned out, tired, and constantly pulled away from her family, Caryn Kopp reached her…
Read MoreI subscribe to SUCCESS magazine and re-read a little snippet from Shawn Achor—also known as “The Happiness Guy.” He wrote about a business woman who was losing her mind. Spending hours worrying about different aspects…
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I know first-hand that running a knowledge-based service business has unique challenges. It’s so much easier when you have an advocate in your corner. Over the past 25 years, I’ve worked with thousands of New York business professionals who want a legal advisor to guide and support them as they navigate the business world.
With wide-ranging experience as a business attorney, strategist, and media authority, I bring the added power of a business lens to the legal issues my clients are facing.
And because I’ve been a business owner myself, I’ve lived through the soaring highs and devastating lows – like when my first law firm failed. So I understand what’s involved to serve great clients, detect business risks early and build a true legacy.
I can’t get those 12 years back. That’s why I have made it my mission to ensure that business professionals like you can become wise and discerning leaders, build a solid business, and live your best life.
