relevant articles
Here you will find several of our business-related blog articles to get help get you thinking along the lines of best business practices.
9 Reasons to Buy a Business Instead of Starting from Scratch
Having trouble deciding whether to buy a business or build your own? All investments come with some amount of risk, and no business decision will guarantee 100% success. But so long as you do your research before making a purchase, buying a business is almost always...
How to Finance Your Business During Difficult times
Are you wondering how to finance your business through the pandemic and beyond? Business owners today face a wave of unprecedented challenges--challenges that aren’t likely to disappear anytime soon. Whether you’re building a new business or struggling to maintain a...
How to Manage a Crisis Before it Happens
A crisis management strategy is crucial for any business to thrive through uncertain times. Whether this happens on a global scale like the COVID-19 pandemic, or it’s something local or even internal, every business owner should have plans in place to keep their...
How to Start Your Own Virtual Business During a Time of Crisis
If you have been thinking about starting a virtual business or even pivoting an existing business to have more of a virtual presence, there’s never been a better time. It may seem like a time of economic uncertainty, but great entrepreneurs understand how to face this...
Top 5 Legal Concerns for Influencers on Social Media
Being a social media influencer presents legal risks. Neglecting these concerns can result in misleading advertising, potential liability, and lawsuits for infringement, or censorship.
15 Steps Managers Should Take to Protect Their Business From COVID-19
Trying to protect your business, employees, and customers through times like these is challenging and stressful for all business managers and owners. For most of us, the way we run our businesses will never be the same, and simple, day-to-day actions will need careful...
Going Bankrupt? Here’s What You Should Do, and How to Avoid the Pitfalls.
Have you been struggling financially and wondering what happens when you file bankruptcy? This global crisis is hitting the economy hard. The IMF projects a global GDP growth drop of -3.0 (for comparison, the 2009 recession was -.1). Bankruptcies are definitely on the...
What is Business Law?
Business law provides rules and guidance for companies to follow before disputes occur. Attorneys who practice in this area are experts at structuring transactions to minimize a company’s exposure to litigation. Business law attorneys specialize in transactional work, meaning they do not represent clients in court. In fact, business lawyers are often hired for the purpose of avoiding future litigation.
Best Practices for Accounts Receivable in an Economic Downturn
In a strong economy, many businesses become overly relaxed about their cash flow management, including accounts receivables. But a massive and sudden economic downturn like the pandemic results in unstable supply chains and late payments, which can quickly put any...
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