Selling a business requires comprehensive preparation to ensure a successful and smooth transition. As you contemplate selling your business, there are critical steps you need to take to maximize its value and attract potential buyers.
When starting a business, entrepreneurs often focus on the exciting journey of building and growing their company. However, it’s essential to think ahead and consider the long-term goals, including the possibility of selling the business. Building an exit plan from the early stages can have significant advantages, even if you don’t plan to sell in the immediate future.
Understanding your rights to terminate a business relationship should start before you sign. I want to terminate a relationship, where do I start? Before you pick up the phone to end the relationship, go back to your agreement. Specifically,be sure to review the termination and payment clauses. These clauses will layout what noticeyou must provide […]
In the ever-evolving realm of digital marketing, two formidable strategies have emerged as cornerstones for businesses seeking to expand their reach: affiliate marketing and influencer marketing. While both methods leverage the power of online content creators to promote products or services, they possess distinct characteristics, especially concerning compensation.
I am sure that you are expecting this, but an Internship Agreement. True story time: Yesterday (no exaggeration) a client sent me an email in a panic because a seasonal intern had submitted for unemployment. They had received the Notice of Unemployment Insurance Claim Filed and did not know how to respond. But they created […]
Do you ever receive cryptic emails from clients, late-night texts, and “urgent” calls? Have you ever considered if any of these are non-negotiables? Which of these do you believe are impeding your work-life balance (or rather doing business the way you want to do business)? Now list your non-negotiables: 1.2.3. Now let’s shift your focus, […]
Privacy policies, you know you have seen them, but do you have one for your website? Well what is it? A website privacy policy notifies users how your business will collect, store, use and protect their personal information. We all know in a world of hacking and scams, keeping our personal information is so important! […]
One of the most common ways to advertise and market products and services in social media is to use celebrity or consumer endorsements and testimonials. Like other types of advertising, endorsements and testimonials must be truthful and not misleading. In 2009, the FTC released a new version of its Guides Concerning the Use of Endorsements […]
Do I have the right support system for my business? While asking for help may not be our strong suit, in business we all need a little help sometimes. It’s impossible to be an expert in marketing, accounting, legal and everything else you need to keep your business running and flourishing. Instead of seeing these […]
Two basic principles of advertising law apply to all types of advertising in any media: • Advertisers must have a reasonable basis to substantiate the claims they make in their ads.• If an advertiser needs to disclose information to prevent an ad from being misleading, these disclosures must appear in a clear and conspicuous manner. […]
