Wondering How To Make Your Contracts Rock? Watch This!
Drafting a contract can be challenging for some. In this video, we discuss ways you can improve your contracts so your business is well protected. You are not going to want to miss this one! Come ready with your questions! Drafting smart contracts can be crucial to your business’s success. NOTICE: The information on this […]
Are You Personally Liable If Your Business Is Sued?
Some people think that because you have a business entity such as a limited liability company (LLC) or a corporation that you don’t have to worry about getting sued. In some instances that is true; however, that is not always the case. In this video, we discuss when you can be held personally liable if […]
Need More Working Capital? Here’s What You Need to Know
https://youtu.be/RuZUprxv5co We know that working capital (money) is the lifeblood of any business. Too little? You are out of business? Tune in and find out how to get more working capital for your small business. NOTICE: The information on this website does not constitute legal advice. You should not rely on any information without […]
8 Things You Need to Know BEFORE You Hire Your First Employee
https://youtu.be/DaSB_rv5z1U Looking to hire your first employee? Congratulations! Many small business owners are ecstatic at the prospect of growing and offloading tasks off their plate. Before you do, you need to make sure you are taking care of these crucial steps, so you do not have problems down the road. Watch this video to make […]
10 Facts About Contract Law Businesses Need to Know
https://youtu.be/xBUQJlyXxfo Business contracts and contract law can be confusing. Never fear! Think Legal is here! We think contracts are sexy. They are probably one of our favorite things for businesses. NOTICE: The information on this website does not constitute legal advice. You should not rely on any information without seeking the advice of a competent […]
Steps to Protect Your Small Business from Non-Paying Customers
Unfortunately, most businesses must deal with non-paying customers at least occasionally. You can safeguard the time and money you have invested in your small business by taking several steps, both to lessen the likelihood of nonpayment and to obtain the amount owed once a customer has failed to make a timely payment. Be Proactive Screen […]
Does Your Small Business Need a Social Media Policy?
According to 2018 data provided by SCORE, the largest provider of volunteer business mentors in the United States, 77% of U.S. small businesses use social media for their sales, marketing, and customer service. If you plan to usesocial media to promote your business, a social media policy is essential to protect your business’s reputation and […]
8 Important Provisions Small Businesses Should Include in Commercial Leases
Are you considering leasing office or retail space for your small business? Your lease can have a huge impact on whether your business succeeds or fails. Several important provisions should be considered before you sign on the dotted line. Leases of a certain duration (usually one to three years, depending upon the state) are generally […]
The Personal Guarantee: 5 Ways Small Business Owners Can Reduce Their Liability
Small businesses make a considerable contribution to the U.S. economy. Nevertheless, starting a new business is risky. Lenders view loans to small businesses, particularly start-ups, as among the riskiest they make, particularly when there is little or no credit history or business revenue on which to base their decision. To lessen their risk, lenders frequently […]
Transferring LLC Membership Interests Part 2—Voluntary Transfers
An LLC affords its members a certain amount of personal asset protection. Part of this protection hinges on the restricted transferability of LLC membership interests. Restricted transferability protects the non-transferring members from creditors and unwelcome new members, which upholds the integrity and value of the non-transferring members’ membership interests. Most (but not all) LLCs impose […]
