![Kurt-Schlichter-Photo[2]](http://www.businessinsider.us/BusinessInsider/wp-content/uploads/2009/10/Kurt-Schlichter-Photo2.png "Kurt-Schlichter-Photo[2]")
By Kurt Andrew Schlichter, Esq.
The article appeared in Business Insider Magazine’s first issue of 2009
While the economic downturn will increase most businesses’ exposure to legal problems, it can also be a good time to get your legal house in order. Companies and individuals in trouble often look to the law as a quick way to avoid debts or to collect on real or imagined claims that in good times would be put aside. But when things are slow, businesspeople have the chance to focus on legal matters they would otherwise … Continue Reading
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By Angela L.H. Sayers, CPA, MBA
This column ran in Business Insider Magazine’s first issue of 2009
The stock market is extremely volatile and our investment portfolios have plummeted. So how can we keep our businesses running profitably and riding through the recession without too much turmoil? Small business owners have to manage their companies much more effectively than large corporations on Wall Street regardless of the economic climate. After all, small businesses are going to pull our country out of the recession. Here are some points to help your business … Continue Reading
California Association of Business Brokers says know the value of your business
(Sacramento, CA) The California Association of Business Brokers (CABB- a non profit trade organization) says if you are a small business owner looking to sell your business but are waiting for the economy to turn around, use this time to start preparing. One of the most vital steps in this process is to understand what your business is worth.
Ron Hottes, president of CABB and of several Business Team Business Brokerages says that a business broker’s opinion of value can provide you with an objective view of what your business … Continue Reading
![David_Whitehead[1]](http://www.businessinsider.us/BusinessInsider/wp-content/uploads/2009/10/David_Whitehead12-150x150.jpg "David_Whitehead[1]")
By David Whitehead
The financial crisis may not be the only thing putting a strain on your business. If your IT upgrades didn’t keep pace with your growth during the boom years, chances are expensive inefficiencies are starting to get noticed. Surviving a tough economy requires all of us to be as efficient as possible, which means it’s time to take a hard look at productivity problems created by poorly planned IT systems.
I have worked for several companies that allowed their IT to become grossly inefficient because systems were allowed … Continue Reading
By DeAnn Flores Chase
Attorney at Law
There are many reasons why a business owner should have legal counsel when starting a business. The following is an example based on a true story:An owner of retail business hired a woman by presenting her with an offer letter. The letter stated that after a certain period of time, the employee would receive a pay increase. The letter did not provide for any discretion on the part of the owner to decide whether she should receive the pay increase. The woman was employed, and at the end … Continue Reading
![David_Whitehead[1]](http://www.businessinsider.us/BusinessInsider/wp-content/uploads/2009/10/David_Whitehead12.jpg "David_Whitehead[1]")
