The corporate world is notoriously competitive, and as a business owner, you need to garner any possible advantage. A top priority for you is likely safeguarding your investments and intellectual property from getting into the hands of competitors. One tool that has...
Business Consulting & Advice
Is my business partner trying to gaslight me?
Business partnerships often require trust, communication and mutual respect to thrive. However, some relationships can turn toxic, with one partner employing manipulative tactics such as gaslighting. Originating from a 1938 play called "Gas Light," gaslighting refers...
How can I protect my business trade secrets?
The business world is notoriously competitive and successful companies generally have unique products, services and skills that they can provide, as a result. In your company’s case, you may rely on unique methods, technologies, processes or recipes to maintain its...
What is “restraint of trade,” and how can it affect my business?
The business world is notoriously competitive, with rivals constantly seeking to secure an advantage. Nonetheless, companies are legally prohibited from engaging in certain unfair practices that aim to cause harm to competitors. One example of such tactics is referred...
The Implications of the Debt Ceiling Standoff on Small Businesses: Understanding and Preparing for Potential Outcomes
As an entrepreneur, you're adept at balancing your budget and managing the financial health of your small business. But have you considered how macroeconomic issues, like the U.S. federal debt ceiling standoff, might impact your business? For those unfamiliar with the...
What does my business need to set up our HR department?
A functional business has many moving parts. High-level management, supervisors and other staff all have unique roles to play. Monitoring multiple staff members, particularly if your business is sizable, can be tricky. A human resources (HR) department is something...
What does a general counsel do, and why should you have one?
As an entrepreneur, you are primed to make decisions concerning managing staff, expanding the company and ensuring client satisfaction. While these are all extremely useful traits, there is also a legal side that must be attended to in order to better guarantee the...
A guide to hiring and firing small business employees
The owner of a company sets the standards for any successful small business. Passion as well as relevant knowledge and skills can drive a company forward. As a business owner, you’ll need to delegate, which means having the right staff in place and potentially...
Is your restaurant compliant with relevant regulations?
You’ve had the ambition of opening your own restaurant for some time now, and your dream is finally coming to fruition. The site seems ideal and you are awash with ideas. Nonetheless, launching a restaurant isn’t as straightforward as just opening the doors and taking...
Is this a good time to expand my business?
You’ve been running your own company for some time now with relative success. However, your ambition is to take your business to the next level. Expanding your company takes a lot of time and financial investments – and it is never risk-free. Thus, you need to choose...