Based on my years of experience working with entrepreneurs, I strongly believe that most of you start your business with the highest of ideals, but have no idea how many situations you will face that don’t have clear-cut answers, or raise ethical dilemmas. For example, how should you handle a cash flow crisis, where you […]
Legal Issues
5 Steps for Protecting Yourself from Copyright Infringement
As an artist or entrepreneur, one of the most dreaded obstacles you may face is someone stealing your work. Copyright infringement is common and can be a massive disruption to a business or career. If it happens to you, be prepared to tackle it head on. These five critical steps will help you keep your […]
You Are Watched, Mostly When Decisions Are Tough
If you have been in management or an entrepreneur long enough, you will have experienced the gray area of decision-making where ethics, the law, your needs and expediency all collide. This is the time when you are paid the big bucks, and when others aware of your plight will be watching most carefully. It is […]
The New FCA Policy That Could Help You and Your Business
The False Claims Act has long been used to fight unscrupulous business entities that conducted fraudulent business at the expense (or financial disadvantage) of the government. This law was initially passed during the Civil War in order to counteract the scenario where business entities were supplying the Union army with substandard goods versus the goods […]
Are You Really Ready to Launch Your Business?
Entrepreneurship presents unique difficulties that the 9-5 working crowd may never truly comprehend, sometimes even before the business is up and running. One of the challenges entrepreneurs face before starting a business is knowing the right moment to plug in the proverbial “open” sign and start welcoming customers. Some business owners prefer to wait until […]
Entrepreneurs: Employment Law is Not on Your Side!
Small companies most often scrape by with borrowed or invested funds, doing everything possible to grow and prosper with limited resources. So, it is like a punch in the gut when an employee makes a claim against the company for a perceived or actual but unintentional violation of a law or regulation. Or when a […]
What GDPR Means for Your Data Protection Compliance
The European Union’s General Data Protection Regulation, or GDPR, will change area of business from cybersecurity, human resource and market to technology. The law is such as game changer that 92 percent of U.S. companies consider making GDPR compliance at the top of their to-do list, according to a PWC survey. With the GDPR becoming […]
How to Protect Your Business from a Legal Fallout
In today’s day and age, it seems like there’s nothing easier than suing any business that’s committed even the mildest of gaffes. Business owners everywhere are brushing up on their legalese and rushing to retain lawyers, as few seem to know how to protect their businesses from a legal fallout that could cost them precious […]
Is Your SME Aware of These 4 Vital Areas of Employment Law
There are many areas that need to be taken into account when making sure your SME is running successfully. Factors such as customer satisfaction, profit margins and stock control all need to be monitored and are seldom overlooked, but employment law can be. This complex area is, however, paramount to the effective running of an […]
Covenant to Non-Compete: What Are the Rules?
As a general rule of thumb, every franchisor will want to build a non-compete into their Franchise Disclosure Document (FDD). Once you give a franchisee the complete playbook to running and operating your successful business model, you don’t want them to turn around and start running their own offshoot. Which is where the non-compete comes […]
