Turning Challenges Into Solutions
One thing that can sometimes hold business owners back from taking risks is that they do not want to risk their personal assets. A business owner may be considering taking out a loan to expand their company, but they’re worried that the business may not pan out. If it...
Do you believe your business has no secrets to protect? Many entrepreneurs think the same thing, but you probably have more trade secrets than you realize. From unique formulas to customer lists, valuable intellectual assets qualify as trade secrets, even those that...
If you and another individual are starting a business, you may find it tempting to skip any official steps. The two of you may just start working together, even designing your branding and coming up with the business name, but without any paperwork in place. It feels...
Many successful Georgia businesses have had periods of time where they had to battle through rough stretches financially. In some cases, these issues came about due to macroeconomic conditions, while in others, they were the result of something company-specific....
Business partnerships can be very successful, but they can also fail dramatically. It’s quite important for the right business partners to work together. If the partners are not a good fit, it can cause their business to fall apart. If you’re thinking of starting a...
Financial hardship can strike when you least expect it. One moment your finances are in line and the next, you are dealing with a medical debt that you never saw coming. If you find yourself grappling with personal debts that you cannot seem to pay off, you may...
Starting a new business is an exciting venture. One crucial decision entrepreneurs face at the beginning of launching a new enterprise is determining the new company’s business structure. In the realm of business entities, a common consideration among solo owners is...
Many people don’t really understand the difference between insolvency and bankruptcy. If you learn that a business or individual that owes you money is insolvent, you may be unsure of what that means for your ability to collect on that debt. Under U.S. bankruptcy law,...
Forming a business can be overwhelming due to the crucial decisions you need to make, including choosing a business structure. Should your business be a sole proprietorship, partnership, corporation, or limited liability company (LLC)? Here are three factors to help...
The terms of your estate plan matter. Even the smallest detail can affect your goals for what happens to your estate after you pass, and leaving out even a relatively minor instruction could result in complications for your loved ones. It is important that all aspects...