It is important to be selective when choosing a business partner. You want a partner who is diligent, reliable and honest with a good business sense. However, even if your business partner is your closest friend, family member or spouse, you could run into challenges...
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How should small business owners handle wage issues?
Concerns about inflation are leading to financial stress for nearly everyone across the country – including small business owners. It can already be difficult to strike a balance between running a business and efficiently managing finances, and the current...
Sustainability is an ever-increasing issue in development
Businesses must be open to change. It is essential to survive in the business world, regardless of the industry. This goes hand-in-hand with the necessity to change along with consumer needs and values as well. With the increasing emphasis on sustainability across...
Should small business owners worry about class action lawsuits?
It is not uncommon to hear about class-action lawsuits against big companies in the news. The video-sharing platform TikTok is just one of the latest businesses facing an onslaught of headlines regarding a class action. While many might believe that the larger the...
Accessibility should still be a primary focus for businesses
When you begin the hiring process, you often have one goal in mind: to find the right talent for your business. You want employees you can trust to meet consumer needs and uphold your business’s values. Of course, there are other elements to this process than finding...
Company culture spotlighted in litigation
You know that your business’s success depends on both external and internal factors. The external factors of the public image and financial success combined with the internal factors of the company culture and workplace environment help a business thrive. Lately,...
Partners: Personal factors can affect success in professional world
There are many reasons that entrepreneurs and business owners enter into partnerships. The collaboration, shared responsibilities and different perspectives that partnerships offer can be incredibly valuable in the business world. However, studies report that nearly...
Tech companies facing more and more lawsuits
It seems that nowadays, tech companies face risks from all directions. With claims that companies violated labor laws or breached antitrust laws, many companies in Silicon Valley frequently make national headlines nowadays. And a recent case could lead to another wave...
AB 5, Proposition 22 still causing businesses trouble
In 2019, California gained national attention when state lawmakers signed Assembly Bill 5 into law. And the response to the law was quick. Several companies – namely Uber and Lyft – objected to the regulations. The dispute over AB 5 continued until last November....
Deadlock does not have to be the end of partnerships
Regardless of the company’s size, business partners frequently believe that a 50/50 partnership is the fairest and most effective arrangement. That way, they both maintain equal power and say over the direction of this shared dream and effort. Even so, every 50/50...