The property you lease will be critical to the success of your business. You need the right place, in the right location, with the right terms and price. You may occasionally need to renegotiate the commercial lease for your business. Reasons could include: Looking to...
Business Consulting & Advice
How is a commercial lease different from a residential lease?
If you are taking out a commercial lease for the first time, it is crucial to understand that they differ considerably from residential ones. Here are some of the most notable differences to be aware of: The law gives you less protection There is a certain assumption...
Partner with a legal advisor to build your business in 2023
Are you planning on expanding your business in 2023? As you prepare for the new year, you will be faced with many legal decisions. If you make wrong choices now, the repercussions could affect your business (and your bottom line) far into the future. To get your...
What does my business need to do before the year’s end? Part 2
From marketing to updating inventory, responding to customer queries and managing your employees, a lot goes into running a business. As the year comes to an end, it is only natural to look back at your accomplishments and setbacks, take lessons and prepare for the...
What does my business need to do before the year end? Part 1
You have endured countless ups and downs, made several wins, and a handful of losses. Well, that’s how business works. And as the year comes to an end, you are probably pushing through the crazy holiday. Clearly, free time is hard to come by. But that does not mean...
A key to business success: Managing your external relationships
There are thousands of books offering advice on how to run a business. You can find advice on anything from marketing to sales tactics, from tax advice to how to avoid legal problems. Knowing those things will be crucial, yet one thing supersedes them all. It’s about...
Fostering a productive business relationship with your employees
You’re the founder and current owner of your company. You deserve a lot of credit for getting to where you are today, but you didn’t do it on your own. You’ve always had a solid team behind you and as your company grows the team continues to expand. You want to...
What can I do to help reduce my business receivables?
Your company took on a major project that promised significant profit. You finished the project on time or possibly even ahead of schedule. You kept costs low and communicated with your client regularly about the status of your work. However, despite fulfilling all...
Have you established your business goals for the upcoming year?
Goal setting is one of the most important decisions you can ever make for your business. Properly set goals can help you stay focused and steer your business in the direction of growth. While most entrepreneurs think of goal setting as an exercise that should only be...
Are your internal business contracts exposing you to unnecessary risks?
A well-structured business will typically create a contract for any agreement to ensure their business runs smoothly -- and that includes internal agreements with their employees, partners, shareholders and others. These generally outline what business owners expect...