Transition to Adulthood: What Happens Legally When My Child Turns 18?
Soon after the challenges of puberty and the excitement of high school, an even larger milestone looms: the 18th birthday. It marks your child’s transition from childhood to adulthood, and with it new responsibilities and rights. From a legal standpoint, this milestone also brings significant changes that every parent should be aware of. In the…
How to Find Work-Life Balance As A Business Owner
It’s the end of another full day as an entrepreneur. You shut down your computer, lock up your office, and get ready to enjoy a relaxing night at home. But even though you’re off hours, your mind isn’t. Maybe you run through conversations you had during the day, brainstorm marketing ideas on a cocktail napkin,…
Protect Your Company and Client Relationships With This ‘Second Chance’ Contract Clause
Contracts are the cornerstone of business relationships. From office leases to vendor agreements, contracts establish the rules, responsibilities, and expectations that guide the relationships between the parties involved. Well-drafted contracts avoid disputes and misunderstandings, but they can’t always prevent unexpected issues from happening. That’s where a “right to cure” provision comes into play. A “right…
What You Must Know About Your Right to Your Spouse’s Retirement Benefits
If you’re part of a blended family (meaning you are married with children from a prior marriage in the mix), you’re no stranger to the extra considerations and planning it takes to keep your family’s life running smoothly – from which parent your children will be with for the holidays to figuring out the schedule…
Year-End Tax Tactics: Strategies to Lower Your 2023 Business Tax Bill – Part 2
Last week we looked at four methods you can use to save money on your 2023 business tax return: Make large purchases for your business before December; Defer business income until next year; Accelerate business expenses to this year; and Contribute to your employee HSA accounts. This week, I share more ways end-of-year tax planning…
Year-End Tax Tactics: Strategies to Lower Your 2023 Business Tax Bill – Part 1
It might seem a bit early to think about your 2023 business taxes, but as the year draws to a close, it’s the perfect time to take a closer look at your company’s financial situation and make some strategic moves to minimize your business’ tax liability come next April. Year-end tax planning for your business…
How Diverse Hiring Elevates Your Business
In the past decades, diverse hiring was mainly associated with increasing and improving employment opportunities for minority groups. While diverse hiring is still a matter of social responsibility, it’s also becoming a driving force behind business success. In this blog, we’ll explore how diverse hiring can elevate your business, from fostering innovation to improving customer…
Mastering Time Management: 4 Effective Strategies for Busy Entrepreneurs – Part 2
If you’re like many business owners, you probably feel like there isn’t enough time in the day for everything you need to do, let alone everything else you’d like to do. But it doesn’t need to be that way. Last week I explored how to use time blocking and task management tools to better manage…
Mastering Time Management: 4 Effective Strategies for Busy Entrepreneurs – Part 1
Time is your most valuable resource, and how you manage it can significantly impact the success of your business and your personal well-being. But finding effective ways to organize your schedule and manage your team can feel like a time-consuming task in itself. If you feel overwhelmed by your calendar or like there is no…