Categories for Leadership

Do you have the tools to “do the right thing” and mitigate risks on the “people side” of the business? 

by | September 1, 2022

The people of your organization are one of the most important and one of the riskiest aspects of business. The laws are state specific, and they change frequently. Employers are held to a high legal standard and entrepreneurs often aren’t fully aware of the risks associated with employment compliance. It’s hard for business leaders to keep up, but it’s critical to do so. In this post, Equinox Business Law CEO and Founder, Michelle Bomberger looks at how the three key legal infrastructure tools can work to protect the business from employment risks.

business partners are like band members

3 must-have tools for mitigating risk for any business with multiple owners

by | August 10, 2022

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.

employee turnover

Leadership’s Role in Decreasing Employee Turnover

by | August 27, 2021

If you’ve been out and about, you’ll see “We’re Hiring” signs virtually everywhere. In the media, you’ll hear stories of increased employee turnover, and that employees are fleeing their workplaces. It seems these two data points would align – those fleeing would be filling the roles of those hiring, but that does not seem to... View Article

Peer Support Organizations

Check Out These 4 Peer Support Organizations

by | July 28, 2021

As uncertainty continues, we are seeing more and more businesses seek out peer support. Equinox’s leadership team has been active in a few organizations instrumental to building a strong company, and we thought you might want to check them out as you plan for 2022: Entrepreneurs’ Organization (EO) EO is a global organization for business... View Article

Washington Cares Fund

Should Your Employees Opt Out of the Washington Cares Fund?

by | July 28, 2021

You’re probably aware that Washington State is the first in the nation to implement a state-run long-term care trust to provide funds to residents to cover long-term care costs under the Long-Term Services and Supports Trust Act (“Washington Cares Fund”). We previously shared the details of the Act in one of our latest blogs. The... View Article

Preparing for Proposed Tax Changes

Preparing for Proposed Tax Changes

by | June 23, 2021

Tax changes can add an unwavering complexity, but proper timing and good advisors can keep you ahead of proposed tax changes. Trying to do your own taxes is not a simple endeavor, and as a business owner, it’s even more complicated. You’re not only concerned with payroll taxes or income taxes; you’re also concerned about... View Article

mental exhaustion and burnout

Ease Mental Exhaustion and Burnout for Your Team

by | June 21, 2021

The effects of mental exhaustion and burnout in the workplace are substantial. Employers are noticing a distinct and overwhelming change in behavior, both internally with workers and externally with customers. The ability to focus has been stalling, leading to procrastination and lower productivity. Digital overload, constant distractions, and extended screen time all contribute to feelings... View Article

mental health at work

Connecting the Dots – Physical and Mental Health at Work

by | May 2, 2021

For years, businesses have addressed workplace safety by focusing on the physical workplace. They’ve taken actions like correcting for and improving seating, lighting, and repetitive movements. Some of these implementations were voluntary, while others were legal requirements or medical accommodations. The focus, though, addressed physical injury and typically did not consider the impacts of mental... View Article

preparation is key for difficult conversations

Preparation is Key for Difficult Conversations

by | March 30, 2021

We can all think back to difficult conversations. Most of us have had dozens of them across professional, personal, and family relationships. When thinking about which of these conversations ended successfully, what factors come to mind? For me, the answer is “preparation.” Preparation forces us to critically consider why the conversation will be difficult, how... View Article