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General Counsel Select is a legal service providing your business with tailored general counsel services to a select demographic of eligible clients. With no hourly fees and for a fixed monthly rate, your business has a dedicated legal team from Pasha Law PC to handle virtually all your legal needs.
Need a contract drafted or reviewed? Need to terminate an employee? Need business legal advice on structuring your business or maintaining regulatory compliance? Whatever your legal needs, General Counsel Select has your business covered, all with a commitment to no hidden fees and no surprise bills.
Call it intelligence gathering, competitor analysis or niche market research, whatever makes you feel better. You simply must pay attention to what’s going on in the market where you operate. Spying on the business competition is simply smart business if you’ve given some thought to what you want to learn, who you want it from and what you’re going to do with it. An hour or two a week should be all you need for this.
Lean, efficient competitors don’t do indiscriminate data collection, so begin with a little cold self-analysis. What market are you in? What do the numbers say about how are you’re doing in that market? Who are your three most important business competitors? In what ways would you like to be more like them? In what ways would you like to distinguish yourself?
Suddenly there’s a lot more real estate available on the Web. In the last few weeks the Internet Corp. for Assigned Names and Numbers (ICANN) began releasing new domain extensions like .clothing and .camera. As many as 700 new publicly available gTLDs will roll out in waves through 2015, a huge increase over the 22 previously in use. The ability to register a customized domain name seems like a good thing. Chocolate.candy, for example, may work better for a confectioner than chocolate.com. Commentators debate whether the new rush brings more burdens than benefits, but sitting out hardly seems attractive. The issue is how to reduce the burdens.
When you’re dead, you’re dead. What happens to your business, however, will be whatever you planned for. What! No plan? That can be chaos for your family, business associates and the business itself -- a completely avoidable mess. Don't expect to be remembered fondly. You should not feel alone, however. Fewer than 30% of small business owners have a succession plan. When a business owner dies without a plan, what happens next depends on the structure of the business. Dodging death? That’s someone else’s department. But you’re an entrepreneur. You can determine what happens to your business. Take these three steps: