Clients often dismiss business interruption insurance as an unnecessary expense – until they’re immersed in a crisis that brings operations to a screeching halt. This can be a natural disaster or a man-made mishap, but the results can be financially devastating for both with smaller and medium-sized organizations. Today, any business owner not considering cyber […]
Plan Smart for Unexpected Shutdowns Read More »
Earlier this year, the North Carolina Business Court rendered a decision that may affect how businesses can enforce their nondisclosure agreements. In Duo-Fast Carolinas, Inc. v. Scott’s Hill Hardware & Supply Co., 2018 NCBC 2 (January 2, 2018) the court found for the Defendant in a case that involved a former employer’s client list. A
How many times does the US Federal Reserve expect to raise interest rates this year? A) 1 B) 2 C) 4 D) 10 (The Answer is C.) It may be a good time to speak with your banker or financial advisor about how the change in interest rates will affect your business.
Something Else That Might “Interest” You Read More »
If you are starting to think about preparing your business for sale, you should start looking a few years ahead. By taking a careful look at the different aspects involved in augmenting the value of your company, you can increase the likelihood of a sale and the perceived value of what you’ve built. Are you
Thinking About Preparing Your Business for Sale? Read More »
If you’re a company that does business in California – that means if you sell online, or sell or distribute product in California, it’s important to be heedful of Proposition 65 changes that go into effect August 30, 2018. Prop 65 was enacted to protect California’s drinking water sources from being contaminated with chemicals known
GDPR is so yesterday. It’s time to think about Prop 65. Read More »
Too often, business partner breakups are messy because the owners did not take the time to form proper agreements when the business relationship began. This doesn’t just apply to partners. Are you thinking of bringing on a sales associate with income that’s part salary and part commission? Is a strategic alliance in your future? Do
Thinking of Joining Forces to Build a Business? Read More »
If you own residential or commercial rental property, at some point in time, you’ve probably wondered whether it makes sense to incorporate. For most small business owners, this involves a corporation or a limited liability company. Establishing a formal entity can help shield your other assets from lawsuit awards. The question is, does it make
Landlords – Mitigate Your Risks and Liabilities! Read More »
Workers’ compensation insurance covers an injured employee’s healthcare costs and income losses from injuries that occur while working. This can relate to pre-existing conditions that are aggravated, diseases caused by exposure on the job, injuries, and even stress and strains of a psychological or physical nature. I’m often asked by small business owners whether they
Workers’ Compensation Insurance: A “Trap” for Unwary Business Owners Read More »
Clients assume when they engage an attorney that the contracts they’re being presented have been carefully read by legal counsel. Sadly, that’s not always the case. There are a lot of reasons for this. Some attorneys (or their legal assistants) include boiler plate language that is designed to help save time. Often, law firms are
Do your contracts make sense to you? Read More »
I’ve written before about “smart contracts” — self-executing contracts that leverage the Blockchain and allegedly provide a more secure, cost-effective way to enter into contracts. Although the value of cryptocurrencies have decreased substantially as of late, startups and educational institutions continue to evaluate the use of Blockchain technology for smart contracts, and 2019 could be
Is 2019 the year for Smart Contracts? Read More »
