Business Growth – Legal Articles

Business Growth - Legal Articles

Nothing can take a company down faster than your company not being legal. You need to know everything is done by the books.

April 1, 2019
legally Protect Your Business

Stay Savvy… The Basics That Minimize Risk to Your Business

If you run your business as an entity (an LLC, a C Corporation, or a Sub Chapter S Corporation), you must abide by certain federal and state regulations. In fact, the type of business entity you operate dictates the types of documents you must keep, the fees you must pay, and the taxes for which you are liable. Therefore, if you are working to grow a best-in-class business, then you must do everything possible to stay compliant with state and federal regulations. Doing so will protect your business entity and protect you in case of litigation.
April 5, 2019
Employee Contracts aspects of Essential Employee Agreement

Employee Contracts – Everything You Need in These Essential Agreements

Many employers use contracts with employees to protect their business interests and their trade secrets. Yet, more than that is at stake with these agreements. Employee contracts also protect the value of your business if you want to sell it in the future.
April 8, 2019
Business Contracts What Makes Them Enforceable

Business Contracts 101 – What Makes Them Valid & Enforceable?

Since I’ve been talking about how to protect your business in the last few blogs, it’s time to mention contracts – the most essential protective measures you can put in place in your business. Specifically, I want to talk about what makes a contract enforceable. Every day, you enter into some type of contract. Whether you’re making an online purchase or buying a hamburger, you are essentially agreeing to a contract. Contracts exist everywhere! And when implemented properly, contracts can protect your secrets, your reputation, your property, your equipment, and more.
April 12, 2019
How to Protect Your Business's Intellectual Property

How to Protect Your Business’s Intellectual Property

If you own a business, you own some type of intellectual property. At the very least, you have a copyrighted brand or a trademarked product. Perhaps you’ve invented the cure for cancer, or you’ve developed a secret formula for the world’s best barbeque sauce. No matter what you’ve invented or created, you need to take certain steps to protect your business’s intellectual property. The more proactive you are about securing your intellectual property, the better chance you have of keeping it from your competitors. 
April 16, 2019
How to Avoid Lawsuits and What to Do if You Business is Sued

How to Avoid Lawsuits and What to Do if Your Business is Sued

The word ‘lawsuit’ can make the mightiest of business owners, shrink to the fetal position in a dark corner. Whether you are being sued for breach of contract, wrongful termination, discrimination, malpractice, harassment, misappropriation of funds, or any other reason, lawsuits can wreak havoc on your business. Therefore, let me walk you through ways you can mitigate your lawsuit risks. 
April 18, 2019
Insurance Policies Business Owners Don't Know They Need

Insurance Policies Small Business Owners Don’t Know They Need

We all know you and your business must have protection through insurance. What happens if you can’t operate your business due to circumstances beyond your control? Are you ready if you or your business is sued (as discussed in our previous article)? You must have the right business insurance policies in place. You need to work with an insurance agent to be sure you not only have the common policies, but there are several other insurance policies business owners don’t know they need.
April 15, 2021

Legal KPIs – Behind the Curtain with Jeff Jeter

Those of you who follow me on the Financially Simple blog, podcast, or YouTube channel know that I spend a lot of time talking about the 8 key areas of business. These are the areas that have a direct impact on the value of your company. Well, recently, I’ve been walking through these areas and giving you a glimpse at what they look like in my own businesses. Specifically, I’ve discussed the KPIs, KRIs, and PIs of each area. In today’s entry, I’d like to continue with a look at our legal KPIs.