Various Forms of Business and Selecting the Best One This blog is going to be discussing one of the most foundational decisions – what is the best type of business structure should your business employ. Starting a new business is an involved process that entails several strategic decisions. There are issues to consider such as
Adjusting a Small Business Insurance Policy – Increase Policy Limits Many small business owners have one question – “How flexible is my small business insurance policy?” Many times, small business owners need to increase their policy limits for a specific job or for a limited time and are unsure if they can do
Credit makes the world goes round. Or is it money? In either case, with today’s economy many small businesses are faced with numerous challenges, especially due to the lack of available credit. Varying Credit Needs Some businesses need credit lines just to stay afloat (to cover overhead costs, pay their employees, etc.) while others
Tips on Setting Up A Merchant Account for Your Website Set it Up Right By following these steps, you can successfully set up a business merchant account and start accepting credit card payments, enabling your business to expand its payment options and serve customers more effectively. Setting up a business merchant account involves several steps
Marketing Success Hinges on Creating Project Contracts Marketing consultants face a unique challenge. They are asked to create a marketing plan for a product that they may not be initially familiar with, and then are expected to produce results in the form of sales, leads or brand recognition. As a marketing consultant, it
Subcontractors – The Proof is in the Name So you think you’re a subcontractor right? Well, do you have a contract? The problem that seems to be floating around the subcontractor/independent contractor arenas these days is the lack of education when it comes to drafting service contracts. As an independent contractor, you are
Understanding the risks of management consultants e&o insurance so, you’re in the business of helping companies navigate choppy waters and achieve their goals. But did you know that your line of work also puts you at a high risk for Errors and Omissions (E&O) insurance claims? Don’t worry; I’ve got the lowdown on why E&O
Alternatives to Lawsuits: Dispute Resolution and Similar Strategies No matter how you feel about your clients, good or bad, it is a dreaded day when two business partners choose to go their separate ways. Sometimes this severance is accompanied by a potential lawsuit, depending on the nature of the split, which only makes
Error and Omission Liabilities for Marketing Consultants As a marketing consultant, you are rarely judged on tangible factors. As a result, it is important to have errors and omissions coverage for your company or private practice. Since you don’t technically deliver a tangible product in most cases, it can be very easy for
Setting up a small business 401k plan can be an extremely wise investment for the financial security of your employees. Not only does a small business 401k promote a financially stable retirement for all of your employees, but it will also keep valuable employees around and attract other talented personnel as well. In addition, any
