NOTE: This article is not considered legal advice, just our interpretation. As always, we recommend you contact an attorney if you are unclear on any new law. California Assembly Bill 5 (AB5), also known as the “Gig Worker” bill, was passed in 2019 under the guise it would promote labor unions and provide benefits to … Continue reading “How to Make Sense of AB5 (And Possibly Get Around It)”
Read MoreThis is an excerpt from our book Startups Made Simple: How to Start, Grow and Systemize Your Dream Business. Learn more about the book here. “A manager is severely handicapped, dangerously vulnerable, and certain to be ineffective if he is an approval seeker, a person who needs to be liked by his subordinates.” – Dan … Continue reading “Founder Superpower #16: The Courage to be Disliked”
Read MoreBelow is an excerpt from our book Startups Made Simple: How to Start, Grow and Systemize Your Dream Business. Learn more about the book here. It should be clear now that a leader needs to produce consistent results by having a Vision, communicating well, and creating an accountability mindset within the company. Next, we want … Continue reading “Founder Superpower #15: Team Development and Motivation”
Read MoreAn operating agreement is used by limited liability companies (LLC) to establish the operations of the business. An operating agreement for an LLC is very similar to by-laws that are used by legal corporations. Within the operating agreement is typically the terms agreed to by members of the LLC, including both day-to-day operating procedures as … Continue reading “What is an Operating Agreement & When You Need One”
Read MoreA lot of small business owners are vaguely aware of the Federal government passing various laws related to the Covid-19 virus, but it’s not 100% clear on exactly what is in them (some bills are over 1000 pages!) or how we can utilize the benefits. This guide aims to make it clear in plain English … Continue reading “How to Get Covid-19 Funds for Your Small Business (in Plain English)”
Read MoreTo all small business owners: I’m not going to sugarcoat it, these next few months could get pretty bad for small business, so I’m putting together an Action Plan to help us survive and thrive. The government is stepping in but let’s get clear on exactly what our next steps should be. Always remember that … Continue reading “Covid-19 Small Business Action Plan”
Read MoreIf you’re reading this then you’re either interested in starting your business, or you’ve started one already but found that you built yourself a job, not a business. You might have read books and articles about genius entrepreneurs building multi-billion dollar businesses, going public with an IPO, and escaping off into the sunset. But that’s … Continue reading “The Top 20 Books For Starting a Small Business”
Read MoreBelow is an excerpt from our book Startups Made Simple: How to Start, Grow and Systemize Your Dream Business. Learn more about the book here. Very closely related to Clear Vision is how you will reverse engineer your Vision into Clear Goals, concrete action steps that need to be taken to turn that Vision into … Continue reading “Founder Superpower #6: Clear Goals”
Read MoreBelow is an excerpt from our book Startups Made Simple: How to Start, Grow and Systemize Your Dream Business. Learn more about the book here. Superpower #4: Momentum Hopefully you’re starting to see how critical energy is, and how you can use it to your advantage. Anyone who has watched a sports event where a … Continue reading “Founder Superpower #4: Momentum”
Read MoreOpening a business bank account is a simple four step process that can typically be completed in less than an hour, if you have prepared beforehand. You can open a business bank account either online or in-person, but doing so online will typically take longer and could require additional documentation. Before you open a business … Continue reading “How to Open a Business Bank Account”
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