Blog

We spend the majority of our time and energy working. It's likely for that very reason that you started your own business. At least then, you will be working for yourself and doing something you are passionate about.But, what happens when you take it a step too far? What happens when you either ...

While many entrepreneurs choose to start their own business, just as many choose to buy an already established business. Not only do they avoid starting a business from scratch, but they can acquire an up-and-coming competitor and build their investment portfolio. But, it's not as simple as it s...

Starting or running a business is both an exciting and challenging endeavor. While there is something to be said about running a business by yourself, there are also many benefits to running a business with someone else. Business partnerships often offer the business and owners more funds, more ...

The COVID-19 pandemic dramatically changed the workplace as employers and business owners were forced to implement new strategies for running their operations remotely. Now, as the pandemic is mostly behind us, many businesses and employees alike are opting to stay remote and forgoing the tradit...

In today's digital world, especially as the use of Artificial Intelligence (AI) rises, consumers and businesses alike desire authenticity more than ever before. While having a quality product or offering a quality service is essential, consumers want more from their brands. They want to know the...

Accessibility and Inclusivity are more important than ever before. Businesses that communicate and utilize language in a way that includes everyone ensure a more welcoming environment not only for their clients but their employees as well. Accessibility is defined as the quality of being easily ...

Business owners are extremely busy. From goal-setting, strategizing, and networking to standard, everyday tasks like responding to emails, phone calls, and paying bills online…it can be overwhelming and all-consuming. It's no wonder why most business owners employ an assistant to offload and out...

As an entrepreneur and business owner, everything to do with your business falls on your shoulders. You are the CEO, CFO, COO, not to mention the assistant, social media manager, and HR department.Needless to say, you are wearing a lot of hats. It can be challenging to make time to work on your b...

Networking is a necessary part of being an entrepreneur; however, for those not used to this strengthening and flexing their networking muscle, it can be daunting.  But…it doesn't have to be. Just as you would work out different muscles in your body to get stronger or more flexible, the more you...

The weather is getting warmer, the days are getting longer, and spring is official here. Springtime also brings time to renew, refresh, and recharge yourself, and by extension, your business. How? By taking care of yourself and scheduling time for self-care.And while “self-care” might feel like j...

We learned last week that the process of starting and running a successful and sustainable business involves a lot more than one would think.In addition to a good idea and need for your business, business owners must consider their business plan, business structure, and their business location. A...

Are you eager to be your own boss one day and have a business of your own? Do you have a brilliant idea and a healthy dose of passion, self-confidence, and grit?  If you answered yes to either of those questions, you are well on your way to starting your own business. But, before you dive head f...

Along with personal liability protection, record-keeping requirements, and how you plan to finance your operation, one of the main factors to consider when choosing an entity structure for your business is deciding how you want your company to pay taxes. Your choice of entity will not only determ...

Along with personal liability protection, record-keeping requirements, and how you plan to finance your operation, one of the main factors to consider when choosing an entity structure for your business is deciding how you want your company taxed. Your choice of entity will not only determine the...

Whether you are starting your very first company or you are an established business owner looking to develop a new income stream, creating a side hustle can be the ideal way to get a new business venture started. By developing your business as a part-time side gig, you can greatly reduce the pers...

You've most likely dedicated significant time and energy to creating a vision for your business, executing that vision, and even writing up a detailed business plan for the growth of your business. Yet far fewer business owners put the same effort into planning for their company's continued succe...

Getting your business off the ground can be challenging in many ways. But perhaps the most challenging aspect of launching a startup involves funding your business in the early stages. Getting the cash flowing and keeping it flowing is the lifeblood of your operation. Without cash flow, you can'...

Agreements are the heart of your business. Indeed, your entire business is one vast series of agreements: agreements with investors and lenders, clients and vendors, employees and contractors, as well as partners and customers. Yet, despite the critical role they play in a company's success, far ...

As you've surely heard by now, we're in the midst of great economic shifts. The collapse of the crypto market, the roller coaster that is the stock market, rising interest rates, dropping home values, and inflation through the roof—it's enough to make you sick. And it can make you sick, unless yo...

Agreements are the heart of your business. Indeed, your entire business is one vast series of agreements: agreements with investors and lenders, clients and vendors, employees and contractors, as well as partners and customers. Yet, despite the critical role they play in a company's success, far ...

One of our primary goals is to educate you on the vital importance of not only preparing an estate plan, but also keeping your plan up-to-date. While you almost surely understand the importance of creating an estate plan, you may not know that keeping your plan current is every bit as important a...

As you are thinking of starting your own business, you'll need to get clear on a number of issues to ensure both you and your operation are properly positioned for success. Oftentimes, aspiring entrepreneurs jump headfirst into business ownership, with false expectations of what it takes to run a...

With the cost of a funeral averaging between $7,000 and $12,000 and steadily increasing each year, at the very least your estate plan should include enough money to cover this final expense. And if you are thinking of simply setting aside money in your will to cover your funeral expenses, you sho...

Taxes are a thorn in just about every business owner's side. Indeed, taxes are your single biggest business expense. That said, it's fairly easy to reduce the amount of sting taxes cause—but you have to be proactive. And we're not talking about doing anything illegal. Evading paying taxes is a r...

People often come to us curious — or confused — about the role trusts play in saving on taxes. Given how frequently this issue comes up, here we're going to explain the tax implications associated with different types of trusts in order to clarify this issue. Of course, if you need further clarif...