Legal Risk Management: Common Mistakes to Avoid in Your Small Business
Allison Manning-Carroll Allison Manning-Carroll

Legal Risk Management: Common Mistakes to Avoid in Your Small Business

Legal issues are among the most difficult challenges businesses can face. Legal disputes are not only expensive to address, but they could also put your company’s success at risk.

Unfortunately, many business owners do not lay solid legal foundations while starting their companies. This lack of a solid legal foundation can eventually lead to legal troubles that can cripple the company.

If you are an existing business owner or taking steps to start a new business, you want to avoid these business mistakes. This article discusses some common legal mistakes business executives make while building a brand and how to avoid them.

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What are the different types of business entities?
Allison Manning-Carroll Allison Manning-Carroll

What are the different types of business entities?

Starting a business goes beyond choosing the type of product or service you want to provide. You need to determine the business structure, as this factor will significantly affect how you operate, the tax structure, how you'll raise money from investors, and the risks you'll have to deal with in a legal dispute. This article will look at the types of business structures to help determine which is best for you.

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Four Things You Should Do Before Starting a Business
Allison Manning-Carroll Allison Manning-Carroll

Four Things You Should Do Before Starting a Business

Starting a business is exciting. However, it is also very risky. According to the statistics from the Bureau of Labor Statistics, 20% of new businesses fail within the first year, and nearly 50% fail after five years.

If you are planning to start a new business, you must take the proper steps to ensure your startup doesn't find itself among these numbers.

How do you guarantee business success in such a challenging startup world? Here are our top tips:

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