When it comes to starting up a business you really need to think hard about your branding and your domain name. This is what will tell your customers who you are and what you are about. You need it to be smart, to the point and most of all, to portray you as a professional entity. When choosing your name, you need to be careful of other businesses, you don't want a trademark … [Read more...]
Women have made, and are still making, amazing strides in the workplace--and in different industries, from fashion, to science, technology, and business. But it was not always like this. There were darker ages when women in the workplace were not accorded their due respect, or even basic rights, as compared to their male counterparts. They received lower wages despite doing the … [Read more...]
When the day comes to open a real brick-and-mortar business' doors, entrepreneurs feel they've accomplished something colossal—and they have! But it's important not to fall into a false sense of security. New businesses face their most challenging period after opening. Common threats capable of bringing a down new business loom everywhere. Be mindful of these four significant … [Read more...]
While laws may be made with good intentions, the fact still remains that complying with them can be a real challenge for large businesses, let alone small ones. Yet, as the saying goes, “ignorance is no excuse”. To help small-business owners be better informed, the team at Fletcher Day has listed four legal traps into which small businesses could fall. “Free Software” There’s … [Read more...]
There are many authors out there who write as a hobby, then there are those who make writing and publishing their full-time career and hope to make a full-time income from it. Many authors think because they work from home, they don't need to really make their writing a "business" so to speak. While that may be true in a sense, there are a few things that you should consider … [Read more...]
Like domestic marriages, business partnerships can start off well, but over time and for a variety of reasons, the parties involved may choose to go their separate ways. This “corporate divorce” typically involves complex financial interests and more often than not, strong emotions. Whether you’re going into business with a spouse, family members, friends or colleagues, it’s … [Read more...]
Patenting is the most important process when it comes to protecting intellectual property. There are people out there that will use your ideas as their own, so having the government protect your rights is essential. Not everyone is familiar with what to do when submitting a patent, so here is a step-by-step guide to get there. Find Out What Can Be Patented There's a large … [Read more...]
Starting your own business is considered by many people to be the definition of self-reliance. I know this was my first impression of what it’s like to be a small business owner. But as time went on and my experience in business grew, it occurred to me this couldn’t be further from the truth. The reality is that businesses, just like individuals, come to depend on a network … [Read more...]
Insolvency in business can happen for several reasons, especially when there is a downturn in the economy. Poor management and fraud are also common factors. Signs that your business is losing ground can be creditors continuing to be unpaid, poor cash flow, and ongoing losses. A company becomes insolvent when it is unable to pay back its debts. There are two ways to … [Read more...]
As your small business grows into something bigger, your ability to manage everything yourself begins to dwindle. It simply becomes too difficult to keep putting on different hats at various parts of the day for 60+ hours a week. At some point you have to admit you need help. But while hiring employees represents a large portion of the solution to this problem, it isn’t the … [Read more...]
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