3 Tips For Protecting Your Small Business When Going Through a Divorce

While running a business in and of itself can be challenging, this task can become even more difficult if you have personal issues that are bleeding over into your professional life. Although you might try your best to keep things separated, big personal issues are bound to creep into your business life on occasion.

Divorcing small business owners

One of those occasions where there’s likely to be some overlap is a divorce. But not only could this make this messy with your business, but it could also cause irreparable damage if you’re not careful.

So to help ensure that this doesn’t happen to you, here are three tips for protecting your small business when going through a divorce.…

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5 Challenges Faced by Small Businesses in 2015

Companies face difficult challenges in today’s competitive business world. Some researchers estimate that about 50 percent of companies only last four or five years before going out of business. To avoid failure, entrepreneurs need to know how they can face these five common challenges in 2015.

Freerider

1. Keeping Up with Regulations

Large companies hire lawyers to make sure they follow the latest regulations for their industries. Small businesses rarely have enough money to keep lawyers on retainer. This can make it difficult for them to keep up with evolving regulations.

There are several ways to lower the costs of regulatory compliance.…

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