Why Going Out of Business is a Terrible Idea.

Far too many small business owners confuse their enterprise with themselves, thinking, “I AM the business.” While that belief may motivate the owners to get through the long days while building a business, it may also prevent them from recognizing the value of said business independent of their own, continuous work.  So, when owners consider ending their careers, their business is often be terminated … Read more

Buying a Business: What are you really buying?

Today’s entry in the SouthernBizLaw Blawg is a video I produced for a new site called, LifeForth.com. LifeForth.com hosts free information for people transitioning from lifelong careers who are looking to do something different. So, without further delay, I give you my video on getting the most out of your purchase of a business by first … Read more

The End of Self-Certification in SBA ED/WOSB Set-Aside Program

Four years ago, the Small Business Adminstration (SBA) implemented the Women-Owned Small Business (WOSB) Federal Contracting Program with the goal of awarding 5% of every federal department’s prime contracts budget to qualifying WOSBs in industries women are underrepresented or substantially underrepresented. In 2015, the SBA claims its program finally reached the 5% goal.  But did it?  More specifically, are the WOSBs … Read more

The 6 Different Things You Can Do When You “Retire” (A Comprehensive List)

There are a lot of Baby Boomers (born 1946 to 1964), and about 50 years ago, most of them started their first grown-up jobs.  Now, the oldest of the Boomers have begun to retire with only about 33% of them still working at all and only 16% still working full-time.1 And those 76 million baby … Read more

NDAs: the Good, the Bad, and the Ugly

Recently, a client came to me seeking to start a new small business.  She was transitioning from a job she had held in an industry she knew well, and her new business would fill a need in that industry that would continue to become more imperative over the next few years.  By nature, this client … Read more

Trouble Finding the Right Partner? Math Can Help

Choosing a business partner is similar to selecting the right spouse. As in marriage, successful business teams generally know they should seek good interpersonal fit and shared cultural values in their team. But business requires (and allows) a few additional things as well. Unlike most marriages, for example, business situations often require partners each to … Read more

5 Agreements Every Successful Business Needs

Recently, I read an article at Entrepreneur.com called, “3 Agreement Types Every Entrepreneur Needs.” The article was written by an attorney now working for LegalZoom. As we might expect, it focused on the form agreements one would need when starting a business with the author stating entrepreneurs require three basic forms: owner agreements, worker agreements, … Read more

1 Setting You Should Change in Your Google Account TODAY!

Beginning today, Google will begin using your name and photo without compensation in product ads based on your web reviews. It obtains your information from your Google+, G-mail, YouTube, or other Google-controlled accounts. The good news is: you can opt out. (You can even do it from your smart phone.) The bad news is, perhaps … Read more

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