As a new business owner, one of the things you will have to do is a break-even analysis. A break-even analysis will predict when your business will earn enough revenue to cover the expenses. For an accurate analysis, you will need to predict what your costs and...
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No doubt, buying a law firm is one of the biggest decisions an attorney could ever have to make. As such, it is crucial to make sure the final choice is the right one. Whether you are purchasing a law practice to expand your client base or provide extra services, here...
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In the world of big data and advanced hacking, protecting your client's data is more important than ever. Let's take a look at a few ways you can mitigate your shareholders' risks when it comes to their data by keeping it as protected as possible. Proper Channels When...
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An audit trail is a comprehensive, chronological record of business transactions with evidence that traces each activity back to its source. These records are used to verify the accuracy and validity of data pertaining to things like trades, company spending, and...
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Is your law firm ready for a technical organization? Ready to offer heightened digital security to your clients? Learn what blockchain can do for you. What is blockchain? This revolutionary distributed ledger technology is more than just a public ledger. The knowledge...
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Over the past few years, the legal industry has experienced a surge in the number of solo and small law firm sales. Why? Because an increasing number of attorneys are realizing that once they reach retirement age or seek to exit the profession, selling their law...
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If you hate paying corporate income taxes and then paying personal income taxes on business profits, now may be the right time for you to form an S-Corp. However, there are consequences, such as IRS scrutiny, that you must consider carefully before you make the...
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Property management can be a very successful and rewarding career if done properly. Just like any other big decision you make in life, it's best to do your research and form a plan before you take action. Otherwise, you might run into some unforeseen problems that...
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Soon, people will be buying parking spots, vacation rentals, and even dream homes on a blockchain. Blockchain technology is becoming increasingly popular among venture capitalists, sellers, and buyers. Through a blockchain, they can interact with each other and even...
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There can be certain times when laws seem a bit hazy. In order to ensure the safety of your company and the happiness of your tenants, make sure to be aware of these laws: THE LANDLORD-TENANT LAW For privacy reasons, landlords are not typically allowed inside a...
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