Tag: small business
Utilizing A Business Strategist in Challenging Times: Find a Qualified Outsourced General Counsel
Posted on June 7, 2022
To say that the last couple of years have been a whirlwind of change is an understatement. Between the pandemic, record-high inflation, supply chain issues, and labor shortages, many business leaders are feeling overwhelmed and uncertain about the future. Simultaneously, many employees are leaving their jobs in search of better pay, more flexibility, and work-from-home opportunities. The mass exodus of workers has been dubbed “The Great Resignation.” Many business owners and managers have been left struggling to find enough staff to keep their doors open, let alone strategize for long-term […]
Who is Handling Legal Issues At Your Business?
Posted on April 28, 2022
Many times, small and mid-size business owners try to tackle legal issues on their own. They may pass on legal matters to their Chief Financial Officer or hire ad-hoc attorneys as issues crop up. The problem with these approaches is that if you are doing it yourself, then you are taking away your time to be the visionary for your company. Furthermore, legal matters are complicated, and making mistakes can lead to serious financial consequences. If you pass legal issues on to your CFO, you have them wear too many […]
Keeping Employment Matters Under Control
Posted on April 12, 2022
Businesses across the country are dealing with staffing issues during these unprecedented times. As a business owner, having proper documentation can prevent many different issues with staff. Providing your staff with clear job descriptions, goals, employment conditions, reviews, handbooks, and other employment materials helps them understand their responsibilities. Ultimately, proper documentation helps grow your business. Furthermore, having things in order and properly documented can make transitions easier and help you avoid lawsuits down the road. Business owners and partners often find that having an outsourced general counsel can help address […]
Do You Have a Succession Plan in Place for Essential Leaders?
Posted on April 5, 2022
Every business should have a succession plan and exit strategy to prepare for the owner/leader’s retirement, sale of the company, or changes in key management positions. The importance of a business succession plan is especially important during the Great Resignation. Business leaders and business owners should consider: Who would replace critical people on your staff? Who would take over the business if the owner or a key member of the business retires, becomes ill, or dies? These questions need to be asked now to avoid a crisis later. There are […]
What Are the Top Legal Issues That Small and Mid-Size Businesses Face?
Posted on March 15, 2022
Every business will encounter legal concerns that will need to be addressed. Determining the best ways to handle these issues can often be difficult for small businesses or mid-size companies. These companies will most likely not be able to keep an attorney on staff, and they may only encounter legal concerns infrequently. However, addressing business law matters the right way can be crucial, and business owners will want to be aware of the issues that may affect them and their company. Some of the most common legal concerns small businesses […]
Top 3 Ways Outsourced General Counsel Helps Grow Your Business
Posted on June 10, 2021
If your business revenue is in the $10 million or above range but your company is not large enough to justify an in-house attorney, consider utilizing outsourced general counsel (OCG). With OGC, you gain legal guidance and support from a business lawyer without needing to hire an attorney full time. The advantages associated with this approach are plentiful, which is why more and more small and medium-sized businesses are using outsourced general counsel to meet their needs. To effectively grow your business, you must ensure that sensitive legal concerns are […]
How Outsourced General Counsel Can Protect Your Business and Help You Enjoy Continued Success
Posted on May 27, 2021
As a business owner, you may feel like your to-do list never ends. Juggling sales, marketing, budgetary concerns, inventory, and employee issues can leave many business owners overwhelmed and overworked. Handling everything on your own is not only stressful but also unsustainable in the long run. Learning how to properly delegate is essential to your business’s long-term success. One way you can delegate responsibilities and ensure that you are not making mistakes that can land you in legal trouble is to utilize outsourced general counsel. What is Outsourced General Counsel? […]
Managing the Unique Challenges of the Rapidly-Changing Manufacturing Industry
Posted on May 4, 2021
When the average person thinks about the manufacturing industry, they might picture large corporations producing massive quantities of products. However, small and medium-sized businesses make up a substantial portion of the modern manufacturing industry. In fact, it is estimated that over 98 percent of manufacturing companies in the U.S. are small businesses, and more than 75 percent of these companies employ fewer than 20 workers. If you are a small business owner or business leader in the manufacturing sector, it is important to keep up with the rapidly changing landscape […]
Delegating Responsibilities is Key to Success for Small and Medium-Sized Businesses
Posted on April 27, 2021
As a business leader, it can often seem like your “to-do” list never ends. The moment you complete one task, three more responsibilities present themselves. Between dealing with staffing and management concerns, financial planning, customer service, and daily operations, you may often feel like you are drowning in a sea of responsibilities. The constant influx of responsibilities can make it difficult or nearly impossible to focus on ideas that can improve your business in the long term. This is why one of the most important things you can do to […]
Avoiding Common Lawsuits That Affect Small Businesses
Posted on January 12, 2021
Research shows that legal battles cumulatively cost U.S. small businesses over $100 billion every year. Having a lawsuit brought against your small business can result in crippling legal costs and serious damage to your business’s good reputation. One of the best way to avoid being the subject of a lawsuit is to take steps to ensure that your business always remains compliant with current state and federal law. As a qualified business lawyer, I can help you minimize the risk of employment disputes as much as possible. Lawsuits Faced by Small […]
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