by Rob Dreger | Sep 9, 2014 | Collections, Small Business Tips
In this post, I’ll explain the meaning of the “Cost of Collection ” clause and I will tell you why it’s so crucial that you integrate this provision into the agreements you create with customers. When you own a business of any sort, the business must generate revenue....
by Rob Dreger | Aug 28, 2014 | Restrictive Covenants, Small Business Tips
Creation of a business requires a certain amount of trust. That’s because even if you’re the driving force behind your company, you still must rely on others to assist you. The reality is you just can’t perform every role yourself. So, trust has to be part of the...
by Rob Dreger | Aug 5, 2014 | Business Ownership, Choosing Your Business Entity, Insurance, Restrictive Covenants, Small Business Tips
Sharing ownership of a business is a great way to pool financial resources and talent. It may occur at the beginning of the life of your business, in the form of a partnership, or it may occur later, in the form of an investor who is seeking equity in a solely owned...
by Rob Dreger | Jul 23, 2014 | Business Ownership, Insurance, Small Business Tips
Business Ownership and Key Man Insurance When a co-owner dies unexpectedly, it can cause a business to go into a tailspin. Depending on the role of this deceased party, the company’s operations may even stop, drastically reducing its revenue. In short, the unfortunate...
by Rob Dreger | Jul 8, 2014 | Business Ownership, Small Business Tips
This is your small business. But you can’t possibly know every detail that goes into the three important functions of your company (A Visionary to focus on promoting your business’s image in the marketplace; A Manager to develop efficient systems to generate and...
by Rob Dreger | Jul 1, 2014 | Business Ownership, Choosing Your Business Entity, Small Business Tips
In my experience, I have seen many clients start their own businesses because they were frustrated with the company where they used to work. They believe that they have the knowledge to run a business much better than the people who are operating their current place...