Business

The Vital Role of Business Planning, Compliance, and Asset Protection in Times of Economic Uncertainty

Asset Protection, Business, Business Law, Contracts, Financial, Intellectual Property, Taxes / By

In today’s rapidly changing business landscape, economic uncertainty has become the new norm. From global crises to market fluctuations, businesses face numerous challenges that can significantly impact their stability and success. In such times, having a robust business plan, ensuring compliance with regulations, and implementing effective asset protection strategies are vital for safeguarding your business […]

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Considerations for Forming a Limited Liability Company for Real Estate

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For individuals who own real estate, it is important to consider the best way to structure your ownership. When you are just starting out as an investor in real estate, you may hold title to the real estate personally, but that may not be the most advantageous method of ownership. Another option is to create

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Starting a Short-Term Rental Business

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Short-term rentals are nothing new. For decades, homeowners have been renting out their properties in touristy areas to earn income. But with the advent of platforms such as Airbnb and VRBO, there has been an explosion in short-term rentals, including many in areas that were not previously considered travel destinations. The growing demand for short-term

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SOCIAL MEDIA INFLUENCERS AND ENDORSEMENTS

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The use of endorsements and testimonials is commonplace in advertising. Advertisers frequently choose to feature the opinions of happy, satisfied customers, or influence potential purchasers through the use of celebrity or expert endorsers, and in more recent times social media influencers.  However, it is important to know that certain uses of endorsements and testimonials may

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Four Liability Planning Tips for Physicians Anyone Can Use

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Whether you are a physician or not, you probably know that the practice of medicine is a profession fraught with liability.  It’s not just medical malpractice claims either – employment related issues, careless business partners and employees, contractual obligations, and personal liabilities add to the risk assumed by a physician in private practice.  Unfortunately, in

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How to Protect Your Business from Lawsuits

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Small business owners are no strangers to risk management. Owning and operating a small business entails a certain level of unpredictability. Despite your best efforts to stay on top of supply chains, marketing, sales, competitors, employees, and cash flow, unexpected issues can knock you for a loop. You have survived plenty of bumps in the

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How to Start an E-commerce Business

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If you have ever considered starting an e-commerce business, now is a great time to move from ideation to action. Online retail sales exploded to an all-time high amid COVID-19 lockdowns, travel bans, and brick-and-mortar closures, and this was not just a temporary bump. E-commerce was already experiencing strong year-over-year growth prior to 2020. The

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Business Trusts 101: What Entrepreneurs Should Know about Using a Business Trust

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Trusts are usually associated with estate planning, but trusts can also apply to business operations. As a small business owner, you can hold the business in a trust instead of using a business entity such as a limited liability company (LLC) or corporation. Business trusts offer several potential benefits—and drawbacks—compared to a traditional business structure.

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