Categories for family business

Making LEAN Work for Every Business

by | April 5, 2015

Blog written by Michelle Bomberger, Equinox Business Law Group Most people think Equinox is a law firm – but we treat it as a business first and a law firm second. The distinction I see is our desire to operate the company in a way that makes sense for all our stakeholders – specifically our... View Article

Change in Business is Good — isn’t it?

by | March 4, 2015

Blog written by Michelle Bomberger, Equinox Business Law Group I’ve found so many quotes that tout the value of change in business: “By changing nothing, nothing changes” (Tony Robbins), “When in doubt, choose change” (Lily Leung), and “The best thing you can do is the right thing; the next best thing you can do is... View Article

The Confusion of Exit and Succession Planning

by | September 2, 2014

Blog written by Michelle Bomberger, Equinox Business Law Group The terms “succession planning” and “exit planning” are often used interchangeably among business owners and their advisors because in closely held businesses they are innately connected — owners are often also the leaders and executives.  However, they should be addressed by the business as separate plans... View Article

Employment Matters: Avoiding Costly Missteps

by | July 1, 2013

Blog written by Lauren Burgon, Equinox Business Law Group As a business owner, sometimes it takes all your resources and attention to keep up with your business’  daily demands.  Having the time or energy to step back and review your policies and procedures sometimes feels impossible.  However, business owners, especially those with employees, can face severe consequences... View Article

Addressing Fraud: A Plan to Avoid the Emotional Reaction

by | October 2, 2012

Fraud is committed in small businesses every day.  Some industries, such as retail and restaurants, are more susceptible than others but it happens everywhere.   Yet most business owners do not believe it will happen to them.   We know that the key element is to put in place key controls to deter and expose fraudulent behavior.... View Article

Tailoring the Compensation Package

by | September 3, 2012

Compensation is a tricky subject that can be highly emotional for both employer and employee.  Employees are looking for to what their peers are making in both salary and “perks.”  Employers are looking at how to keep great talent and the costs of doing so.  Employers look at a combination of salary, cash bonuses, and... View Article

How The Exit Deal Is Done

by | March 5, 2012

When talking with business owners about exit planning, most of the big questions revolve around the buyer and the price.  These are the most obvious components but, as they say, the devil is in the details and the details often come out in the deal documents.    In this post, I’ll share a bit about the... View Article

Seattle Paid Sick Leave Ordinance – An Example

by | February 14, 2012

As we review the provisions of the new Seattle Paid Sick Leave Ordinance, we thought we’d provide some examples to show some of the issues and complexities of the ordinance. Anchorage Accounting is an accounting firm with its principal office in Anchorage Alaska.  It has 6 full time employees in Alaska, 2 full time employees... View Article