While your competitors may have ownership issues bogging down their decision making, you will be able to grow together -- or to separate -- with confidence. Learn how to leverage the legal infrastructure tools – the Shareholder Agreement or Operating Agreement, key insurance policies, and a limited liability entity structure, to create strong relationships among owners and ensure the individual owners are protected from the activities of the company and from one another.
Today, it seems like every other commercial is for an insurance company. From talking geckos to that Mayhem guy destroying things, we’ve become familiar with the needs and benefits of auto and home insurance–but what about protecting our business?
As the pandemic and related lockdown took hold in March of 2020, companies immediately began to look for ways to protect their businesses from the damage. Insurance coverage, of course, was a first thought – but in most cases, insurance didn’t deliver. Many companies were stuck with no revenue; other companies were stuck because their... View Article
September has arrived and those with kids are getting back into the school routine. Your employee’s schedules and mindsets may have shifted to new schedules and priorities. For many, these shifts are subtle – maybe a day off or a slightly later start time – while for others the preparation for back to school creates... View Article
Regardless of how careful we are, conflicts arise in business. Conflicts among owners, among employees, and with vendors and customers are common. Generally speaking, we try to resolve these conflicts quickly with minimal risk and cost but sometimes they spiral out of control. As a business owner, it’s essential that you know what tools are... View Article
When a business is confronted with an employee who is involved in a car accident, a professional liability or other claim, it is important to have proper insurance coverage in place. But what types of insurance should a small business consider in anticipation of potential claims? This post provides a brief overview of potential insurance... View Article
