Does your business have more than one owner? If so, then a comprehensive shareholders’ agreement (or operating agreement for LLCs) is essential. For companies of all sizes, shareholders’ or operating agreements are some of the most important, yet most overlooked, agreements. At minimum, they can help ensure that the owners’ visions, goals and expectations are understood […]
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In our increasingly digital world, companies have begun to reallocate large portions of their business development budgets to Internet marketing. Rather than simply spend more money, companies should consider focusing their dollars and energy on projects that produce significant and measurable ROI. How can a business owner develop an Internet marketing strategy that will be effective […]
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Contracts are a daily part of every business owner’s life. When economic times were good, many owners ignored contractual formalities and some even abandoned written agreements altogether. During the days of abundant (and seemingly unending) profits, “handshake deals” often became the norm. In the current market, however, proliferating disputes and costly litigation have laid bare […]
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In today’s market, product-based companies are increasingly looking to outsource the production of their products. Rather than building costly manufacturing plants and dealing with the related operational challenges, businesses are turning to both domestic and foreign specialty product manufacturers. While that approach preserves capital and outsources the daily headaches associated with the production process, it […]
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Each day, we interact with a variety of individuals in our personal and professional lives. Dealing with people means dealing with the difficult ones, too. And, if we admit it, we have all been the “difficult one” from time to time. In the business world, how can one engage a difficult individual to minimize conflict and maximize […]
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