Author Archives for Michelle Bomberger

Plan ahead for 2024

How To Seize Strategic Advantages of Legal Infrastructure in Business Planning

by | September 20, 2023

As you prepare to dive into your goal and budget planning for 2024, remember that legal planning isn't just a sideline item on your to-do list – it's a strategic cornerstone for your business's success. In a world where entrepreneurship moves at lightning speed, failing to plan can indeed be planning to fail. So, as you chart your course for the year ahead, make sure legal planning is firmly integrated into your annual strategy. It's not just about avoiding problems; it's about proactively seizing opportunities, aligning with your goals, ensuring compliance, and securing your business's long-term sustainability. Embrace legal planning as a key ingredient for your business's growth and protection in 2024.

Level Up The Body of Your Business

Level Up The Body of Your Business

by | August 24, 2023

Equinox Business Law believes leading successful entrepreneurship and small business is akin to nurturing a well-rounded self. Just as individuals require a harmonious balance of mind, body, and spirit, businesses also thrive on holistic attention. Following articles on spirit and mind, Equinox now delves into the tangible core of businesses: their body. Think of your business as a living entity with physical assets forming its muscles, bones, and organs. Facilities, inventory, intellectual property, and talented personnel all contribute to its strength. This synergy drives operations, protected by risk-mitigation strategies and contracts, acting as the business's immune system. Nurturing your business's health, much like caring for your own well-being, involves leveraging legal infrastructure tools: contracts, insurance and legal entities. Embrace this holistic perspective, and take advantage of Equinox's complimentary Business Health Assessment to chart a fortified path forward.

Spirited Small Business Team

Let The Spirit Of Your Business Be Its Guide

by | July 21, 2023

Discover the vital role of the spirit of your business plays in driving success and shaping decisions, including legal infrastructure. Equinox recognizes the significance of the spirit and purpose of your business as a guiding light, setting you apart, attracting customers, unifying your team, and gaining stakeholder support. Through our comprehensive Business Health Assessment, we take a holistic view of your business's spirit, mind, and body, providing personalized guidance to fortify your business's health through a strong legal foundation. Start your assessment now to empower your journey towards success.

Cares Act

LEGAL UPDATE: WA Cares Act: Premium collection begins this July

by | May 18, 2023

The WA CARES Act makes long-term care accessible to all workers in Washington State. The program is funded through payroll taxes collected by the state. Participation in the program is mandatory for Washington workers unless they applied for an exemption by November 1, 2021. The plan benefits are anticipated to be available to workers in July 2026 and will cover long-term care services such as professional care, equipment, home safety evaluations, and compensation for family members who provide care. 

Is your business fit to go boldly into the unknown?

Is your business fit to go boldly into the unknown?

by | May 18, 2023

Building a healthy and fit business requires attention to the spirit, mind, and body of your organization. By defining your purpose, establishing core values, implementing robust decision-making processes, and investing in your physical resources, you can create a solid foundation for long-term success. Equinox's Business Health Assessment (BHA) offers a valuable opportunity to evaluate your organization's legal infrastructure and gain insights into areas that may need improvement. We value your participation and feedback as we collectively strive to build purpose-driven organizations that thrive in today's ever-evolving business landscape. Here's to your continued success and a prosperous future ahead.

Legal Update: California Consumer Privacy Act (CCPA)

LEGAL UPDATE: California Consumer Privacy Act and California Privacy Rights Act

by | April 20, 2023

Equinox Business Law Leagal Update: The California Consumer Privacy Act (CCPA) and the California Privacy Rights Act (CPRA) created new privacy rights for consumers and data protection obligations for businesses operating in California. The CPRA, which went into effect on January 1, 2023, includes additional protections for consumers, employees, and small and non-profit businesses, and establishes a new government agency for data privacy enforcement. The CPRA applies to businesses with a gross annual revenue exceeding $25 million, those that buy, sell, or share personal information of more than 100,000 consumers or households per year, or those that derive 50% or more of their annual revenues from selling or sharing consumers' personal information. Businesses need to update their collection notices, privacy policies, opt-out notices, and financial incentive notices and implement proactive risk-based controls. The best way to prepare for compliance is to perform a data audit, map out data flows, construct a privacy policy, and establish good data hygiene processes.

The Value of General Practitioners in Medicine and Law

Why Specialists Alone Aren’t Enough: The Value of General Practitioners in Medicine and Law

by | April 17, 2023

In both medicine and business law practice, a generalist approach with a holistic perspective is crucial for achieving the best outcomes. General practitioners, whether in medicine or law, provide historical and contextual insight, holistic evaluation, comprehensive treatment or guidance, identification of unusual or hidden issues, and guidance on optimal options. This comprehensive approach ensures that all aspects of health or business are considered and addressed, leading to more effective and sustainable solutions for patients or clients.