BLOGS

Business Divorce: How to Break Up with Your Business Partner Without Destroying the Business – Part I

Most businesses are started with the best intentions and tons of optimism. Sadly, not all businesses or business relationships work out. According to the various available statistics, between 50% and 70% of business partnerships fail. Several reasons exist why a business may need to break-up, ranging from retirement to mental incapacitation to fraud, or just a general inability of the owners to continue to run the business together.Emotions run high when a business partnership fails and former lifelong friends can become bitter adversaries....
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Time to ditch that mask at work? Not quite.

On May 13, 2021, the CDC released new recommendations for fully vaccinated people, but does that mean you no longer need to require your employees wear masks at work?Not so fast.According to the CDC data tracker, about 59% American adults have received at least one shot, while 46% are considered fully vaccinated.  The new guidelines announced by Dr. Rochelle Walensky, director of the Centers for Disease Control and Prevention, represent a major step toward a return to pre-pandemic times. "Anyone who is fully vaccinated can participate ...
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Five Ways to Protect Your Company’s Most Valuable Assets

As many businesses have thousands, if not hundreds of thousands, of dollars invested in inventory or equipment, one would normally guess that such items would be a business’ most valuable asset and often they are. However, this information can be in the form of intellectual property (patents, copyrights, trade secrets, etc.) or market-related information (customer preferences, vendor relationship details, pricing arrangements, etc.). As a lot of this information is not physically tangible, it can get forgotten about by business owners during ...
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Social Media and Your Business –Steps to Take to Document the Transfer of a Social Media Account

We have already discussed what a social media account is, the various parts of it, and the steps that can be taken to secure ownership of a social media account that a business creates in the prior articles in this series. Now it is time to talk about the steps that should be taken and the agreements that should be drafted to document the transfer of a social media account.Every single time that ...
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Social Media and Your Business – How to Secure Ownership of your Businesses’ Social Media Accounts

Are you sure that the social media accounts being used by your business are actually owned by your business? As business owners are becoming increasingly reliant on social media as means of identifying and interacting with their customers, the idea that a social media account (and its followers) used by the business can easily not belong to the business is a scary thought. The questi...
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