Negotiating a contract with another business should mean that you can safely do business together. You can perform work knowing you already agreed on a specific quote or make a payment anticipating the delivery of certain materials. Unfortunately, there are some...
Month: October 2022
What Impact Does a Non-Solicitation Agreement Have on Your Work?
Every time you accept a new job, you have to negotiate an employment contract. Many professionals simply sign the documents that their new employers provide without changing or challenging anything. It is only later when they start thinking about moving on, that they...
Have you established your business goals for the upcoming year?
Goal setting is one of the most important decisions you can ever make for your business. Properly set goals can help you stay focused and steer your business in the direction of growth. While most entrepreneurs think of goal setting as an exercise that should only be...
Are your internal business contracts exposing you to unnecessary risks?
A well-structured business will typically create a contract for any agreement to ensure their business runs smoothly -- and that includes internal agreements with their employees, partners, shareholders and others. These generally outline what business owners expect...
Are your business agreements and contracts up to snuff?
Attracting customers and finding suitable suppliers takes a lot of effort. So many companies lose these contacts through misunderstandings over the terms of their relationship. To keep them, you need to ensure hat you maintain good communication by creating contracts...
Avoid the “I have to do everything myself” pitfall
If you're the head of a business, it can be tough to delegate responsibility to others and let go. You may feel like you need to be in control of everything to ensure that your business runs smoothly. But if you don't delegate, you'll quickly become overworked and...
Business owners: Now is the time to start planning for 2023
If you own a business, you’re probably gearing up for everything that the end of the year brings from the holiday rush to holiday vacation schedules for your employees. It’s a lot of work. Nobody is denying that. However, if you want to have a successful operation in...
Weathering the ups and downs of running a small company
There has been a lot of debate recently about whether or not the US is entering an economic recession. No matter your opinion on the matter, it is important to be prepared for whatever happens if you are a new business owner. What are some of the ups and downs you can...
Increasing your flexibility when you have cash flow problems
Cash flow problems can be very detrimental for a business. That could become even more important in the future, as the country heads toward a potential recession. It is important to plan ahead and try to anticipate these needs, which may allow you to budget for them...