“The man who does not read books has no advantage over the man who can’t read them.” – Mark Twain Success in business and entrepreneurship is not easy. Did you know the average CEO reads 60 books a year? Why do leading executives read so much? Because they know that the key to success is constant learning. Here are five books every entrepreneur should read. Start With Why: How Great Leaders Inspire Everyone to Read More
Create The Right Cease & Desist Letter
Hiring outside counsel gives you and your business a wide range of benefits and protections. When hiring outside counsel, you should seek a lawyer who understands the standards and values that your company was built upon. If another person, company, or organization negatively impacts your business, they could do so through libel (written) or slander (spoken). Or they could be infringing on your protected Read More
What To Consider Before A Merger
Your lawyer—or a team of lawyers—will handle the legal aspects of a business merger. By choosing a firm experienced in mergers and acquisitions, you will receive advice on everything from deal structure to applicable regulations. They are there to assist you through the entirety of the process. As a business owner, many factors go into your decision of whether to pursue a merger. Two businesses combine to give their Read More
Founder Compensation Options
The startup is built around the founding members, their drive, and their devotion to bringing their business to life. It’s about turning the intangible into liquid assets. And maybe even more important, the founders determine how this happens. Everything from the values that serve as the bedrock to the company’s culture begins with them. Startups are shaped differently, but there is a common thread built around the Read More
How To Build A Contract
Although nothing is preventing you from creating a DIY contract, you take on risk by doing so. Understanding the pieces of a contract gives you the ability to ask your attorney the right questions. The law is the law, but attorneys have unique approaches to solving legal issues for their clients. A basic understanding of contracts combined with your attorney’s explanation allows you to know how you are Read More
Protect Your Business and Your Employees
As a business owner, protecting your employees and safeguarding your business from lawsuits can be the same. Taking care of the people that work for you should never be overlooked. Let’s look at two widespread issues that arise in the workplace and how to prevent them. Discrimination We spend a significant amount of our time either at home or at work. For some, they come home for a few hours, sleep, and then return Read More
Is Bitcoin Real?
Unless you were born recently, the concept of how we pay for things has been settled for most of our lives. We use dollars. If you live in Europe, you use Euros. All we have known is government backed currencies since the beginning of the twentieth century. And we believed that the idea of money was settled. In 2009, however, a mystery figure named Satoshi Nakamoto launched Bitcoin. In the beginning, it was Read More
Why Have Terms & Conditions On Your Website?
Does your company post its standard Terms and Conditions on its website? If your response to this questions is “What are Terms and Conditions?” then please continue reading. Without a Terms and Conditions Agreement, there are no established rules or guidelines for how your customers and the public interact with your company and its website. There are other names that this agreement can go by: Terms of Service Read More
Choosing The Right Entity For Your Business
The right business entity can protect both you and your business. When you start or form one, you need to decide on how it will be structured—and this brings us to choosing the correct business entity. Why are we putting such a large emphasis on this? This will determine how your business functions, how it will make major decisions, and how it will be taxed. What Is An Entity? An entity is an organization that Read More
The Difference Between A Merger And An Acquisition
Because these two words commonly appear alongside one another with the word “and” in-between them, it is completely understandable to think they mean the same thing. This, of course, is not true. To solidify your understanding of the terms, we will explain what each one means and then give a real-world example of each. A Merger This is a legal term for when two different companies merge. The reason for this Read More