Entrepreneurship has been called the new American dream. Starting a new business starts with an idea that develops into a business plan, but not without careful financial and legal considerations. Among the decisions that new business owners grapple with ...
Author Archives: Howard C. Stross
5 Steps to Take When Winding Down Your Business
There are many reasons business owners close shop, including retirement, starting a new venture or, I hope, because they won the lottery. No matter what the reason, it’s important to carefully wind-down a business before moving on.
Here are ...
Laws, Rules, & Regulations That May Not Apply To Small Businesses
Many laws, rules, and regulations govern businesses and their employees. A small business, however, may be exempt from one or more of them depending on its number of employees. For example:
- Discrimination Laws. Small businesses may be exempt ...
Are Your Trade Secrets Really Safe? 4 Steps To Safeguard Your Competitive Edge
A trade secret is a piece of information which is confidential, can be legally protected, and gives your company a competitive edge. Many of the most famous examples involve recipes: the formula for Coca Cola, McDonald’s Big Mac “secret ...
