Sometimes clients like to save money by "trying the legal stuff themselves." Today we are going to discuss why being your own attorney is pennywise and pound foolish. Being your own lawyer is not a good idea and I'm not just saying that because I am one.
Here are five tips to help you find an excellent lawyer. Remember you have a choice and the relationship you have with your attorney is very important. It is more important to find a lawyer with who you can have a good relationship with, than one who is "cheap." It is worth spending the [...]
There are certain instances when a Limited Liability Company (LLC) does not make sense. If any of these situations apply to you, make sure to consult with a licensed attorney in your area before starting a new business. Watch today's video to find out when!
If you are considering expanding your physical business or starting a home-based business, selling your products online is a great way to reach additional customers. Before you sell products online, there are several legal issues you should know to ensure that your business complies with the law and that your interests are protected. [...]
According to the Small Business Administration, about 50% of all businesses are home-based. If you are one of the many owners of a home-based small business, consider whether your home office meets the IRS requirements for the home office deduction, which is a sometimes overlooked way to reduce taxes. How Do I Qualify [...]
There are many reasons business owners close shop (winding down), including retirement, starting a new venture or, hopefully, because they’ve won the lottery. No matter what the reason, it’s important to diligently wind down a business before moving on. Here are five steps to take: If you’re a sole proprietor, then the only [...]
As a small business owner, you may be considering using virtual workers to expand your workforce. A virtual worker is an employee who uses technology to complete their duties outside of the traditional workplace setting. Many businesses today find this workforce model attractive for several reasons. For one, having a virtual business work model [...]
There is a LOT of confusion and controversy about what type of business entity is right for you! The truth is, there is no perfect business entity. They all have their own pros and cons. Check out this video! It gives you some things to think about. If you have any questions leave them [...]
Today's video will BLOW your mind! Want to have your cake and eat it too? This is about as close as you are going to get in the business world. Seriously, check out this video you do NOT want to miss this!
It's not all rainbows and sunshine when it comes to an S-Corp! Contrary to popular opinion the S-Corp is NOT the panacea for businesses. There are some significant drawbacks if you choose the S-Corp tax designation. Check out today's video to see what some of these disadvantages! You do not want to miss todays video! [...]