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Evaluating a Law Firm for your Small Business: Three Things to Look for

When operating a small and independent business venture, it is all too easy to become complacent and neglect your legal requirements as the owner. This reflects the transition that takes place when you switch from being an employee to someone who is in control of their own destiny. Although it is a largely positive experience, it brings with it a great deal of responsibility and accountability, and the failure to recognize this can result in disastrous consequences for your small business. With this in mind it is crucial that you employ the services of a reputable law firm, in order to establish your business correctly and in line with existing government legislation.

Evaluating a Potential Law Firm: Three Things to Look for

So what exactly are the key points that you should be addressing when evaluating a law firm? Consider the following: –

  • Identify Firms that have Worked Within your Industry or Sector: While the fundamental principles of business may remain the same across multiple industries, each individual sector has its own regulatory procedure and specific points of order. With this in mind, your first step should be to identify reputable firms that have experience within a chosen industry, as this will expose you to relevant and trustworthy legal advice. They will also understand the jargon that defines your businesses particular market niche, and will therefore be able to offer a clear representation of what is required from your firm.

  • Target Small and Independent Law Firms: Your may also wish to consider the size of the law firm that represents you, as this can have a huge influence on Read the rest of this entry >>

Acknowledging the Cyber Threat to your Business – How to Protect your Intellectual Property

As the worlds of commerce and small business have evolved, so too they have encountered a range of new and diverse threats. While the small business owners of the past were preoccupied with locking their places of businesses and ensuring that their merchandise was kept in a secure location, now they have to consider additional measures to protect the integrity of their commercial interests.

While the advent of technology has been largely positive for small businesses, however, it is also responsible for the increasingly sophisticated threat posed to intellectual property. Although as an owner you can patent your innovative concepts, blue prints and auto-CAD designs, for example, this means little unless you are able to store the associated digital files in a secure online location. Read the rest of this entry >>

My Favorite New Small Business Tool is a POS System

I am old fashioned and don’t even own a fax machine (I JUST got a Facebook page up for goodness sake) But my other half, the techie, bought this gadget and made me learn how to use it (after meeting a lady at a nearby bakery who had one, he fell in love…with the POS, not the lady!) I LOVE to blog and think I was meant to be a writer (despite being a happy small business owner) so here’s the low down…

The new POS (point of sale system) can replace almost any other system most small business use, be it a manual cash register and hand written receipts or an expensive POS like Aloha. Counterpoint software offers a variety of POS (or point of sale) options for small to medium sized retailers.Here are 5 reasons to use the POS to help your business run smoother and more productively.

  1. It’s Cheap. Far less expensive than most business owners realize, a POS system basically pays for itself in the long run by increasing sales and eliminating the need for paper and ink.
  2. Forget about paper. Imagine helping the environment and saving money at the same time! Most credit card machines print out 2 copies of the receipt, one for you and one for the customer. Most times the customer throws out the receipt or says they don’t want it. With the POS system you don’t have to print a copy even if Read the rest of this entry >>