February 14, 2020
If you’ve been reading between the lines at all regarding the state of our economy (and, in particular, our government treasuries), you’ll be very much aware that state and local governments need money. Need our money. Need millions and billions and trillions of dollars of it, in particular. In order to avoid bankrupting themselves, governments have to do one of two things: 1. decrease spending and cut expenses (highly unlikely, in light of the proposed programs concerning health care, job stimulus, etc.) or 2. raise revenue. So how will government raise revenue? One way that state and local governments raise revenue is by more closely enforcing their laws, and levying penalties against those who violate them. If there’s ever been a time as a business to “clean up your act,” now’s the time to do it so that you can keep the government out of your underpants. A trend I’m seeing in particular is a crackdown on businesses that employ “independent contractors.“ If your company uses independent contractors to staff its work force, be very…
Continue ReadingWhat do open invoices say about your business? Brian Tracy once said, All business is people business. That’s because businesses are built on relationships—whether you build those relationships online or offline. But when your clients…
Read MoreThe ways to part company, the what ifs, and the how’s relating to “exit strategies” for business partnerships, strategic alliances, and other collaborative relationships can seem like the proverbial cold shower, dampening all ardor for…
Read MoreFor many of us, our world has been turned upside down. I’ve talked to lots of solo and small firm owners who really wish things could get “back to normal.” But that normal is gone.…
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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.
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