Every business, big or small, is responsible for protecting the personal and corporate data and their client base. This data can include names, address, social security numbers, and even credit card information. Therefore, it is not only a good idea to have a safeguard, but it is also a legal requirement. The Fair Credit Reporting Act (FCRA) imposes harsh fines and penalties for your failure to adequately protect this information. To protect your client data safely and to ensure your company is not sued, fined, or tarnished by a data breach, follow these tips.

When getting a business to take off, one common mistake is that business owners fail to establish a solid legal foundation to protect their company from situations and circumstances that could be deadly. The most effective and efficient way to provide this legal bedrock is by putting a set of key legal agreements in place. Gleaned from years of business experience and advice from seasoned and highly successful entrepreneurs, we’ve outlined the core four legal documents that a company’s founders should put into place as soon as your business “idea” evolves into a reality.

As the owner of a small business, you’ve probably spent plenty of time working with your business plan, but have you dedicated the same amount of time to planning for the continued success of your business after you retire? If you were to suddenly die or become incapacitated, what would happen?

Have you dreamed of leaving your company to your family, but you haven’t sufficiently included your business in your estate plan? If so, listen closely because it could quickly turn into a nightmare for your heirs, as well as, your business’ team members and clients, too. To ensure your company is passed to your family in exactly the right way, you need to establish a comprehensive estate plan.

Many small business owners fail to understand or realize the value in their intellectual property. According to valuation experts, intellectual property (IP) makes 40% to 90% of the total value of some companies. Given this information, it is vital that these assets are well guarded. However, IP is a little murky in the legal realm. If you’re not educated about copyrights, trademarks, and patents, you might be at a huge disadvantage. Make sure to always contact your Creative Business Lawyer to secure your IP assets. They can give you some idea of how complicated this legal landscape can truly be. Here are four popular myths about IP protection for business owners to think about.

Nike, Anheuser-Busch, Walmart, Porsche all have something in common. What is that? Outside of being globally recognized brands and generating billions in revenue, they are also family owned businesses.

With the increased rise of the “gig economy,” which relies primarily on independent contractors instead of W2 employees, there has been an equally steady climb in the number of independent Contractor (IC) misclassification cases filed against businesses. Most misclassifications are not the result of intentional violations of federal and state law, but rather, unintentional mistakes made by business owners, maybe including you, who aren’t aware of the legal landscape.

Within the past week, there has been increasing discussion over the Alabama Abortion Law. With Democrats and Republicans taking sides on the issue, we are left to analyze and see what the implications of this law are, and how it could affect our nation. It is currently illegal to perform abortions in the state of Alabama as of Tuesday night, May 14th.

The potential for errors when managing your workforce is high. The likelihood of the errors being costly is just as high. However, this is not necessary. With proper planning from the star, you as an employer can make sure that you understand the following common mistakes and how to avoid them.

Business owners who launch health programs for their employees can enjoy a wide range of valuable benefits, not simply their employees but for the entire company. Outside of a healthier and happier team, such programs can increase productivity, save money, and even enhance your brand’s image among current and prospective employees.

In the corporate world, it is often believed that women have a severe disadvantage to men. However, a report released by New York analytics firm MSCI suggests that companies with strong show greater returns on equity than those without.

It all begins with an idea.

It all begins with an idea.

It all begins with an idea.