Legal/Insurance

Mitigating Risk: How Liability Insurance and Umbrella Policies Can Help Your Business
As a business owner, it's important to protect your assets and ensure that your business is financially stable. One way to do this is by purchasing liability insurance and an umbrella policy. These types of insurance can provide an extra layer of protection for your...

Retirement Options for Gig Workers
While retirement may still be miles down the road, it's always a good idea to begin planning for it as soon as possible. The longer you contribute, the greater your future nest egg will grow to be. Even if you aren't working for a company that offers its employees a...

Why Financial Record-Keeping is Essential for Your Business
Recording financials is a critical aspect of running a successful business. By keeping accurate and up-to-date records of your financial transactions, you can gain a clear understanding of your financial health, identify areas of strength and weakness, and make...

How To Progressively Handle Money Between Business Partners
Starting a company is a daunting task but having someone do it alongside you can alleviate many of the struggles that doing it alone contains. The issue then is how much of the company and its profit should be shared between partners. The ensure sustainability within...

Does Your Process Or Invention Need To Be Protected?
If you’ve found yourself in a situation where you’ve invented something brilliant only to turn around and find it’s being used without your consent, you are not alone. This is why it’s worth legally protecting your intellectual property from others. Rightfully so, you...

Gig Workers: Pros and Cons of the Newest Biden Proposal
In early October, Biden had passed one of his newest proposals which, if enacted, can drastically change the gig worker economy and small business operation. The basic efforts of this proposal is to simply alter the status of gig workers from independent contractors...

To Franchise Or Not To Franchise
Even if you have never considered franchising your company it may be the right move for you. This is not an uncommon occurrence as, according to the United Stated Census Bureau, over 10 percent of all businesses in America have been franchised. If you have a service...

Triple Net Commercial Leases
NNN, or triple net leases, are a collection of expenses added to tenant’s rent as safety precautions for landlords. Among triple net, there is also a single net and a double net lease that provide different pros and cons. These leases typically include property...

Hiring A Lawyer Is No Guarantee They Will Give You Correct Advice!
Whenever faced in a predicament that requires legal counsel, hiring a lawyer is one of the best things to do. Anyone not well versed in law would have a severe disadvantage when representing themselves or their company. Although lawyers are a substantially better...

Tips For Insuring Your Business
Almost anything can happen to anybody no matter what their situation is – even those with their own companies. Locations, employees, goods, and more are all at risk of damages and lawsuits when it comes to businesses and their assets. Therefore, it is important to not...

How To Protect Your Assets As A Business Owner
While no one likes to find themselves in the middle of a lawsuit it can very well happen to anyone and when owning your own business, it’s extremely important that you protect your assets. Let’s look at a few ways you can help protect your assets as a business owner....

The Future of Health Insurance and Gig Work – Where Are We Headed?
With gig workers not allowed access to employer-sponsored health benefits it has made insurance much more difficult to access proper, affordable health insurance for the average gig worker. Over 25% of current gig workers in America have found it difficult to maintain...

Tips For Getting Life Insurance When You Are A Gig Worker
Throughout 2022, gig work has risen to an all-time high with more individuals desiring the flexible, lucrative part-time work that is gig working. The primary downside of this statistic is the fact that a vast majority of all these individuals do not have life...

Happy Grandparents Make a Happy Home
Just like your parents want the best for you, you’ve always wanted the best for your parents. Long-term care providers know this and want to do their best to convince you that their nursing home is the best of the best. But how can you really know? It’s actually a...

Gig economy: Finding affordable healthcare
We are all drained from talk of COVID-19, but the inevitability of how our economy is forever changed is still prominent in how we live. Mobilizing jobs has become astonishingly popular, if not essential for individuals. American workers naturally desire to have the...

Putting the ‘Fun’ Back Into Networking
If you’ve been hopping on Zoom conferences and LinkedIn message boards since the pandemic started, remote networking might not feel like much fun anymore. Or maybe networking has not been a priority for a while now, and it feels like it might be too late to get...

What Happens If I Don’t Have a Patent?
Entrepreneurs are an extremely inventive group of people — some of whom are inventors! Invention, after all, is a great way of pursuing the American Dream. After creating a new invention, it can lead to a new business, and even a whole new market (i.e., when Ford...

Your Child’s Ridesharing Job Can Now Be Fully Insured
Many entrepreneurs pass down their restless work ethic to their kids, so there’s a good chance your kid might be an Uber or Lyft driver as a first-time, part-time gig. Not only does Uber or Lyft require no previous experience, but it’s also easy to get started and...

Can Customers Still Sue My Business Over COVID-19?
As the COVID-19 vaccine becomes more common, it’s unlikely that pandemic regulations will remain as strict as they were in March last year. However, it also creates gray areas — what’s safe and legal? Can customers sue you over your COVID-19 safety procedures? It...

3 Ways to Make Your Business More Accessible
If you want to make your business more accessible to all customers, consider how you could make it easier for the deaf community to utilize what you offer. You might not only earn business from a new group, but your customer base might love supporting your business...

Can an Ex-Spouse Take Over Your Business?
You may have created your business while starting a new life with a spouse – but how do you protect your business when your marriage falls apart? You may have created your business while starting a new life with a spouse – but how do you protect your business when...

What Kind of Life Insurance Do Entrepreneurs Need?
Everyone hopes their families will prosper long after they’re gone. The same likely applies to your business. Everyone hopes their families will prosper long after they’re gone. The same likely applies to your business. Did you know that the life insurance funds from...

Losing Your Hearing? You’re Not Alone
Although it can be a terrifying experience, don’t feel ashamed of losing your hearing. According to the Johns Hopkins Cochlear Center for Hearing and Public Health, over 38.2 million Americans (14.3%) report some degree of hearing loss. That’s nearly 1 in 7...

Do Insurance Companies Cover Riot Damage and Looting?
Considering recent civil unrest, you might be wondering: What happens to businesses — big and small — after they experience serious damage and looting during riots? Does their insurance cover them, if they have it? The answer is yes. Most standard insurance policies...

3 Business Decisions You Should Get a Lawyer’s Opinion On
No matter what size business you have, you need legal expertise to guide you through certain business decisions. Without guidance, you’re prone to making mistakes because you haven’t spent thousands of hours on learning the law like a lawyer has. So, if you’re facing...

Why Partner With Other Companies? The Question You Should Be Asking — Why Not?
Business thinkers across every industry can agree on one thing: It’s hard to succeed without friends. Friendships, in many ways, are a risk in themselves. You’re putting yourself out there, and people can reject you. But that doesn’t mean they’re less important or...

Do You Know the Top 3 Most Common Lawsuits for Small-Business Owners?
Small-business owners face nearly $105 billion of litigation each year. It might be hard to imagine right now, but nobody thinks about a lawsuit happening to them until it’s too late. So, what can you do to prevent yourself from worrying too much? Here are some common...