How Do I Get Rid of Business Debt and Get More Credit?Many small businesses had to assume new debt during the COVID-19 pandemic. Even when not facing a global pandemic, business debt may be unavoidable. However, some businesses may realize their debt is becoming unmanageable. If so, the following tips for getting rid of business […]
When Should a Business Use a Non-Compete or Non-Solicitation Agreement with Employees?There are several types of employment agreements that can benefit an employer. Non-solicitation and non-compete agreements can prevent employees from “taking” clients with them when employees leave the company. Any company that would lose revenue if an employee convinced clients to leave with the […]
Update Your Privacy Policy Disclaimers On WebsitesWith the increases in online activity caused by the COVID-19 pandemic, business owners should review and update their privacy policy disclaimers on their websites. More people are shopping online and conducting most of their business online to avoid going out. However, some companies have not reviewed their privacy policy […]
What Contracts Should I Use For My Business? Contracts help your business run smoothly and efficiently. They reduce the risk of disputes and business litigation. Well-drafted contracts are the backbone of a successful business. Are there specific contracts that every business needs? The contracts that your business might need can differ from contracts that another […]
The New Normal for Businesses in 2021 COVID-19 did not go away when we rang in the New Year. January 1, 2021, looked about the same as December 31, 2020. As business owners continue to deal with the economic difficulties caused by the coronavirus pandemic, what we consider “normal” for business operations in 2021 and […]
How Does My Business Get Paid? Getting paid for your products and services has always been important. However, with the COVID-19 pandemic, some of the ways businesses are paid may be changing. From the coin shortage to fear of touching money, companies may be struggling with decisions regarding new payment options. Many companies are requesting […]
Outsourcing Work — What Can I Do To Facilitate My Business Operations And What Are The Ramifications?Outsourcing can reduce a company’s overhead significantly. By outsourcing work to an independent contractor, the company does not pay payroll taxes, workers’ compensation insurance, or liability insurance for the contractor.The company saves money because it does not need to […]
Friend or Client? – Maintaining Proper Boundaries With Customers And ClientsFor many business owners, a big part of being successful is understanding how to interact with people. Building a relationship with customers and clients helps ensure the continuance of the business relationship. However, is there a line that should not be crossed that takes the […]
Well this is Awkward- When is it Okay, During COVID 19, to Ask a Client or Customer Who Owes Me Money to Repay My Business?COVID-19 has created financial hardships for individuals and companies throughout the United States. From large airlines and hotel chains to family-owned restaurants and children’s summer camps, businesses of all types and […]