As an entrepreneur, you're adept at balancing your budget and managing the financial health of your small business. But have you considered how macroeconomic issues, like the U.S. federal debt ceiling standoff, might impact your business? For those unfamiliar with the...
Business Consulting & Advice
What does my business need to set up our HR department?
A functional business has many moving parts. High-level management, supervisors and other staff all have unique roles to play. Monitoring multiple staff members, particularly if your business is sizable, can be tricky. A human resources (HR) department is something...
What does a general counsel do, and why should you have one?
As an entrepreneur, you are primed to make decisions concerning managing staff, expanding the company and ensuring client satisfaction. While these are all extremely useful traits, there is also a legal side that must be attended to in order to better guarantee the...
Is your restaurant compliant with relevant regulations?
You’ve had the ambition of opening your own restaurant for some time now, and your dream is finally coming to fruition. The site seems ideal and you are awash with ideas. Nonetheless, launching a restaurant isn’t as straightforward as just opening the doors and taking...
Is this a good time to expand my business?
You’ve been running your own company for some time now with relative success. However, your ambition is to take your business to the next level. Expanding your company takes a lot of time and financial investments – and it is never risk-free. Thus, you need to choose...
What are my options for relocating my business to Florida?
You’ve been operating a successful company for some time, and you’re looking to relocate. After conducting your market research, you feel Florida offers the perfect location. Relocating a business can be complex, and there are rules and regulations that you must...
What’s the difference between arbitration and mediation?
While running your own business can be rewarding, it’s inevitable that you are going to face challenges at some point. Some of these challenges may come with a summons to appear in court. Typically, going through the court system is a last resort, and there are...
Why budgeting for legal expenses is essential for businesses
Many individuals think that running a successful business is all about providing goods or services and selling them at a profit. While this is the foundation of most companies, there is much more to it than this. If it was as straightforward as this, then everyone...
Establishing a business development strategy for your company
There’s no denying that the corporate world is competitive. That being said, if you develop the appropriate strategy, it can also be very rewarding. There are very few companies that have no competition, so you’re going to have to keep an eye on your competitors as...
Starting a business vs buying a business: Which is better?
Your entrepreneurial side has always dreamed of running a company. Now, you're in a position to make this happen, and you have numerous routes to choose from. You could start a new business from scratch, creating your own identity, brand and methods. Or, you could...