In business, it can be referred to as a pivot. This is your ability to adapt to market changes, demand, and even how the public perceives your product or services.  American Express began as a mail service. In 1993, IBM posted an $8 billion loss—in one quarter. Netflix used to rent DVDs. None of these

As a business owner, you are likely going to have to work with contracts. These range from general employment agreements, severance plans, and even non-compete agreements.  How To Sleep Better A valid contract is a safety net, something you know if you can rely on. But this peace of mind only comes from a properly

Part of being an entrepreneur is having to take on additional financial responsibilities and risks for the benefit of growing your business. Imagine you are an established individual who has accumulated property, assets, and money. If you choose to invest in your own business, to what extent are those things mentioned above protected should your

Every business needs legal representation. Having an attorney applies to you even if you are the sole owner/employee of a company you began. If you own a small to medium-sized business, having a dedicated legal department is (likely) unnecessary. However, you still need a lawyer to assist you with potential legal disputes or compliance with

You want to build a business. This is not a side project or a hobby; it is your life and your work. You want it to be successful, profitable, and it should grow. To cut costs, you are going to do as much as you can yourself. The long days, the weeks that will no

The word is uncomfortable. It sometimes comes with the idea that you have done something wrong (you haven’t), or that you are irresponsible (you aren’t). Some financial planners are estimating that the average 50-year-old American is well over $100,000 in debt. Debt, on its own, is not a problem. Debt becomes an issue when you

There are so many ways in which debt can accumulate faster than your ability to pay it off. Whether you are struggling to make your mortgage, car, or credit card payments, there are several debt relief options available to you.  If you are considering bankruptcy, then you owe it to yourself to look at the

There is a stigma around debt, but we can get past that right now. Being in debt does not automatically mean you are living beyond your means or that you didn’t plan properly. Very few people can afford to buy a home, an education, or even a car without taking on a level of debt. 

You may have heard the saying that there are two things that are certain in life: death and taxes. This old adage may not be true in some situations. Under certain conditions, you can discharge tax debts by filing bankruptcy. However, your tax debts must meet particular qualifications to be discharged. Tax Treatment Under Chapter

When you are on the edge of filing for bankruptcy, your credit score could likely use some work. Getting behind on payments and having amounts in collections is horrible for your credit, but for many people that are considering bankruptcy, there is little they can do to meet their monthly obligations. Bankruptcy does harm your