Social media offers you an amazing opportunity to authentically connect with clients, build brand awareness, and dramatically boost sales. When done right, social media can propel even a tiny business into a global phenomenon overnight. When done wrong, however, social media can do incredible damage to your brand in just as short of a time…

When running a business, it’s easy to give estate planning less priority than other matters. After all, if you’re facing challenges meeting next month’s payroll or your growth path over the immediate term, concerns over your potential incapacity or death can seem far less pressing. But the reality is considering what would happen to your…

Nike, Walmart, Porsche—what do these companies have in common? Outside of being globally recognized brands and generating billions in revenue, they are also family-owned businesses. Though family businesses definitely aren’t for everyone, and come with some unique challenges, for those who are able to make them work, they offer an array of benefits that simply…

In today’s digital-everything world, nearly every business—no matter how small—has some degree of online presence. Some, like e-commerce shops, may operate completely online, while even brick and mortar businesses likely have a website and Facebook account. However, unless you are an online-marketing guru, building your business’ online presence can be challenging. Here, we’ll offer valuable…

If you own a small company where you personally know and interact with everyone who works for you, it can be hard to fathom that one of those people would ever steal from you. But the fact is, embezzlement happens all the time, even at small, family-owned businesses. According to a 2017 study on white-collar…

The daily grind can be a real challenge. It can be difficult to stay motivated at work and focused on the right things, particularly when financial times are hard, or deadlines are compressed, and the pull of social media can be so strong. Taking a step back and reorienting yourself regularly can help increase your…

In addition to checking professional references, conducting interviews, and running criminal background checks, many business owners also conduct credit checks on potential new hires to assess their suitability for the job. Such screening is obviously important for hiring high-level positions or those directly involved with handling money and/or making fiduciary decisions. But starting a couple…

If you’re middle aged or older, it’s likely that one of your most pressing concerns is not having enough money for retirement. And there’s good reason. According to the National Institute on Retirement Security, a full third of Americans between 55 and 65 have nothing saved for retirement. And even if you’ve diligently saved, it’s…

If 2018 is the year you finally decide to strike out on your own and start your own business, or take your existing business to the next level, consider the following top 10 legal tips for your start-up planning. Choose the right business structure. Most businesses start life as a sole proprietorship, but if you…

As with so many things in life, some of the same qualities that help small businesses succeedcan also lead to their demise. Fortunately, much of that risk can be lessened through operational excellence. For example, the owners and managers of small businesses often know each other before they go into business together. Sometimes, they’re even…