Monthly Archives: September 2017

How Can I Avoid Business Communication Problems?

Communication problems between your employees are typically a symptom of other major issues at your company. Your workers should feel as if they are on the same team and fighting towards the same goals. Problems communicating, rampant infighting and unhealthy competition can derail operations. In the worst-case scenario, it can ruin the reputation of your business and lead to rapid turnover. There are multiple ways you may avoid common communication problems. Set clear expectations and goals. Your employees should have a clear understanding of what your business is trying to accomplish. All employees should also understand how you intend to accomplish these goals. Put your goals and expectations in writing. Clearly define job duties and responsibilities. Avoid leaving employees in the dark. You should share critical information with employees. When you keep secrets and fail to share information, it leads to fear and distrust. Employees who do not receive critical…
Read More »

Posted in Business Formation & Planning | Tagged , | Leave a comment

Should I File Bankruptcy If I Lose My Home in a Natural Disaster?

The aftermath of a natural disaster is a chaotic time where people rightfully so are more concerned with survival and safety than protecting their financial interests. However, as people begin to pick up the pieces and assess the damage left behind by the disaster, including the loss of a car, home and/or small business, the financial hit may be too much for them to handle. Therefore, in some instances, filing bankruptcy after a natural disaster may be the best option. How Can Bankruptcy Help Me Rebuild My Life After a Natural Disaster? Bankruptcy has a negative stigma attached to it. People tend to see it as an easy way out or something that hurts you financially. However, nothing could be further from the truth. Bankruptcy is a tool that people and businesses can use to rebuild their lives after the worst has happened, including a medical emergency, death in the…
Read More »

Posted in Bankruptcy | Tagged | Leave a comment

How Can My Small Business Recover After a Natural Disaster?

When starting a small business, entrepreneurs must take into account every scenario, including what to do if they decide to buy out their business partner to how to handle paying taxes to protecting their intellectual property. Still, one scenario that often catches many small business owners by surprise is when a natural disaster, such as a hurricane, wildfire, earthquake or flood, strikes their community, damaging or even destroying their business. Rebuilding Your Small Business After a Natural Disaster As Hurricane Harvey and Hurricane Irma have recently shown, natural disasters can strike suddenly and devastate communities in an instant. The Denver Post recently published an article on what happens to small businesses following a hurricane. According to the article in the Post, following a weather-related disaster, approximately 40 percent of small businesses close down permanently. Even if a small business does reopen following a natural disaster, it can take years before…
Read More »

Posted in Business | Tagged | Leave a comment