As a business owner, you know that making good, fast decisions can be very challenging even under the best of circumstances. Now that we are in the unprecedented world because of the pandemic and making good decisions can be at its trickiest, it is critically important to look back at your principles when you established your business and to put a backup plan in place so you can move forward fully equipped with the right gear rather than being frozen with indecision, fighting for your life, or r
You're may be one of the many business owners who are finding it difficult to do the contractual obligations because of the COVID-19 pandemic. COVID-19 has greatly impacted businesses across the globe, causing unprecedented interruptions and closures. Situations like this only show how critically important it is to put a business plan in place and review any legal documents once in a while to ensure that all legal terms specifically fits your business situation, especially force majeure.
Businesses are now reopening despite the uncertainty brought by the COVID-19 pandemic. As a business owner, one of the most important factors to include in your reopening strategy will be the customer and employee confidence. You're now in a critical role in managing new and unprecedented concerns - finding ways to allow your business to function without compromising the health of your employees and customers. These important objectives can help you navigate your business in the new normal.
The success of your business also depends on how good your business attorney is. Hiring a skilled attorney is a critical part of your business advisory team to provide vital assistance in almost every aspect of your business and help you handle legal tasks that protect you from costly legal issues down the road. Finding the right attorney can be challenging, especially if you do not know what to look for but these tips will help you choose the one that is a good match for you.
The COVID-19 pandemic has impacted all of us and forced communities and businesses to reevaluate everything. As a business owner, you may already have traditional resilience planning but that may not be enough to combat this pandemic. But despite the unpredictability that has accompanied this global crisis, it is not too late to implement changes to protect you, your employees, and your business. Here are some tips and strategies to help you navigate these challenges and the ones to come.
Staying on top of all your security measures can be a job in itself, however, keeping your customers' personal information safe and secure should be a top priority. Failure to adhere to customer data standards and current legislation can result in a loss of goodwill and hefty fines. Here are a few ways you can do to protect the customers' data your business collects. Give us a call if you need help in creating and maintaining systems that keep you legally compliant.
Setting up an estate plan is critically important for business owners because owning a business is challenging even in the best of times and with the current global pandemic, things are much more overwhelming as you pivot to build the most stability for you and your business. If a whole estate plan feels too overwhelming right now, at least get an inventory of your assets and business in place, where your loved ones/partners and your team could access if you become ill or die. Learn more here.
When considering engaging a social media influencer to leverage social media in enhancing your business's engagement and reach, it is critically important to keep in mind that legal issues may arise during the various stages of a relationship. Taking the right steps to lay a proper foundation for a successful working relationship is important to navigate potential legal issues that could arise. Read here to know the three key things you must keep in mind.
Though LLC is a type of business that offers a level of flexibility, remember that the process of forming one can be complicated and involves complex legal documents. It is critically important that you remember and adhere to the compliance requirements to keep your LLC in good standing. Failure to comply with the requirements will result in the suspension of your LLC and put your personal assets at risk. Here are some steps to help you get started if you are interested in forming an LLC.
It is critically important that you determine whether the CCPA or a similar law will impact your business to avoid hefty fines and being sued by individuals affected as a part of a class action for damages. Knowing what your business needs to comply with the new law is also important for its success. Read here to know more.