A lot of small businesses try to cut their expenses and simplify their operations. This is understandable, especially given the fact that taking steps to increase efficiency can lead to increased output and profits. But when these measures include foregoing legal...
Business Law
Seven tips to creating a strong contract
As a Pennsylvania business owner, one of your biggest responsibilities is ensuring your business is protected. You have worked hard to create and maintain a thriving business and making a mistake can be costly. When you reach a deal with a supplier or client, you...
Is it time to incorporate your business?
The business that has been in your family for generations may have grown from a small family-run enterprise in Hazleton to a large company with many workers, many customers and significant assets. Managing a large business differs from running a small business, but...
Could a business friendship lead to an accidental partnership?
Getting started with a new business idea can be an exciting time. Of course, any new venture can be a challenge without the help and support of your friends and family. While you are talking about your vision for your new company, you may find yourself inspiring...
Statistics on business litigation over harassment
Businesses end up in court for many reasons, but you need to pay close attention to allegations of harassment and discrimination if you run a business. From major corporations to smaller firms, the impact of a harassment case can lead to all sorts of problems for...
3 effective strategies for preventing contract disputes
A Pennsylvania contract dispute has the potential to take time, energy and money away from your business. However, there are several things you might do to help lower the chances of a contract dispute arising and affecting your business’s bottom line. Per Inc., you...
The value of proactive business succession planning
When business owners in Pennsylvania think of planning for their future, they may focus on developing competitive strategies, growing their customer base or expanding their product line. However, planning for the sustainability of their operations is equally as...
Preparing a plan for family business succession
Similar to estate planning, business succession planning is more effective when people take care of it long before they think it is necessary. The process of passing the family business to one or more heirs could take 10 years or more, and without the plan, they may...
Should I write a business plan?
Starting a business is an exciting and sometimes overwhelming first step for any new business owner. As you pursue mountains of legal paperwork and register a name, perhaps you've wondered if you need to write a business plan. Although business laws vary by state, the...
What are ways to plan my business succession?
You probably plan for your business to exist as a thriving entity after you step down or retire, so you want to have a solid succession plan in place so that the right person will succeed you. A succession plan is important to start on as early as possible and can...