Post image for Confidentiality . . . and Holding Too Tight

When is the right time to protect an idea? “About 10 minutes before someobody else tries to use it,” quipped an intellectual property attorney I know. Budding entrepreneurs can become fixated on protecting their Next Great Idea. But, as Whitney Keyes points out in her post, “Avoiding Privacy Paralysis,” there’s a fine line to be […]

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Post image for Making It Legal’s Swan Song . . . Sorta

On a bleak January morning a few years ago, I got a call at 8:47.  My husband’s Uncle Jimmy had died.  James V. McGuinness was a New York City beat cop for many years, a dutiful (and hard-nosed) father of 5, with a dry sense of humor and a wide smile (when you could coax it […]

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Post image for Billions in Federal Procurement Dollars Could Open to Small Business

Billions of dollars in small federal contracts could be opened to small businesses if the Small Business Administration (SBA) prevails in a dispute with the General Services Administration (GSA). According to a report on Associated Content, the SBA has ruled that, under the Small Business Act, the GSA needs to set aside contracts valued between […]

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by on April 15, 2021

The Green Entrepreneur’s Toolbox

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For any number of reasons, “€œgoing green” is gaining steam. And whether your idea of going green strictly pertains to the environment, or reflects a social consciousness that you want your company to espouse, there are ways to make it happen. For ideas on how other women entrepreneurs have created a business structure around “done well […]

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by on April 12, 2021

Transformative Collaboration

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Although written from a not-for-profit perspective, Alison Rapping of Alison & Associates (a not-for-profit consultancy based in Arizona) shares my view that “collaborations are going to be a driving force in building stronger relationships.” In particular, I think that collaboration (or what I would call “alliances” in the for-profit sphere) will become more and more […]

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Post image for Five Rules for Collecting Late Payments

Let’s face it: Once you’re headed to the courthouse to collect a bad debt, you’ve lost. Lost, because you rarely, if ever, get 100 cents on the dollar. Lost, because you lost time and energy dealing with the situation. Lost, because you had a client who likely will never return. As Monica Mehta writes in […]

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Post image for Your Client Base: Silk Purses or Sows’ Ears?

Are we taking whatever walks through the door because we’re afraid there won’t be another piece of business .  .  . ever? There’s an old adage, “You can’t make a silk purse out of a sow’s ear.” You could have the best possible systems in place for handling your clients and delivering your services. But […]

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by Nina L. Kaufman, Esq. on March 31, 2021

Law Questions about Company Ownership and Board Meetings

Many entrepreneurs have law questions about company ownership and board meetings.  Some of the responsibilities of company ownership include holding board meetings, generating company financial reports, obtaining an employer tax ID and, sometimes, undergoing a business name change. Want to know more about company ownership and board meetings?  From my Ask Entrepreneur column, here are […]

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Post image for Why Annual Performance Reviews Are a Waste of Time

I have friends from college where our only communication right now is an annual Christmas missive, detailing all the high points of the year about to end. I’m always delighted to hear their news and to live vicariously through the stories they share. But these are not the people I turn to in a crisis. […]

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Not all business partners are actively involved in a company’s day-to-day operations.  Call them “passive investors,” “angel investors,” or “financial partners,” it all comes down to money and wanting a return on the investment.  As an example, Sequoia Capital, which provides capital and investment opportunities, has a checklist/outline on its site of what it likes to […]

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