How do you establish a trademark for your new business?
One of the most important parts of starting a business is establishing a brand. Potential customers need to be able to identify your company quickly and easily. A trademark is an effective way of letting people know that a product or facility belongs to…
Tips for making solid business decisions
Starting a new business is exciting — but you have a lot of decisions to make every day and not a lot of spare resources. Making good business decisions today, however, is essential to your company’s future. So what can you do to give yourself an edge? Consider these…
Is waiving a "good faith and fair dealing" clause in a contract a valid option?
Every contract contains an implied “good faith and fair dealing” covenant. It demands that each party to the legal agreement respect each other’s rights when enforcing it. The terms and conditions contained in a contract explicitly detail each party’s obligations…
Avoid these mistakes when forming a business
It can be easy to rush headlong into a new business idea carried along on a wave of enthusiasm. While that initial energy is essential to getting your project off the ground, you also need a dose of caution. Spark and drive can only get you so far in business…
An early financial mistake can limit the benefits of an LLC
Starting a business often involves small steps before someone creates a formal business entity. They might buy a website first, create a few prototype products or otherwise make purchases on behalf of the business before it officially exists. These small transactions…
Which business formation is best for attracting investors?
Many entrepreneurs have specific dreams for their future and the future of their business. They have an accelerated growth plan in mind that they plan to implement in growing their business to become the next big thing. An entrepreneur looking to scale their company…
More businesses are accepting cryptocurrency payments, but is it right for you?
As a small business owner, you want to appeal to customers with disposable income. For your customer base, some of that money is in cryptocurrency. You’re considering accepting cryptocurrency payments for your online sales. Is that a good idea? Since there’s a lot to…
How entrepreneurs achieve financial success
If you are a business owner, it is likely that you have a keen entrepreneurial spirit: You are passionate about building businesses up from scratch, rolling up your sleeves, and hustling to better yourself and your company. However, not all entrepreneurs achieve…
Thinking of taking over an existing business? Remember these 3 tips
If you are trying to take over an existing business, then you’re in a unique position. You’re able to work with a strong client base and all the data from the past owner so that you can make great decisions about running the business. Some turnkey businesses are…
What are my options if my business partner freezes me out?
It’s an unfortunate reality in the world of small business that partnership disputes are all too common. It’s not unusual for business partners to disagree on the direction they want to take the company. Occasionally, however, conflicts escalate to the point where one…