Trademark dispute: Insights from Abitron Austria vs Hetronis

The US Supreme Court Sheds New Light on Cross-Border Trademark Disputes: Abitron Austria GmbH v. Hetronic International, Inc. In this trademark battle, a United States company, Hetronic International, Inc., faced off against six foreign parties, including five companies and one individual, collectively referred to as “Abitron”. The case centered around the unauthorized use of a distinctive black-and-yellow color Read More

5 secrets to buying or selling a business for the best price and terms

What does your exit strategy look like for your business? Whether you plan on buying or selling a business, it’s never too early to start preparing.  It can take several months to prepare a business for a sale, so if you want to get the best price and terms, you should understand the ins and outs of the business valuation process before you get started.  Keep reading for five secrets to buying or selling a business Read More

Beat the tax crunch with these 3 tips

As business owners, it’s easy to lose track of time. From planning marketing campaigns to hiring staff to evaluating profit and loss statements, chances are you forget a thing or two every now and then. Missing tax deadlines is one thing you don’t want to forget, however. Learning how to stay ahead of the tax crunch every year is critical to your business’ stability and success. If you find yourself missing filing Read More

It takes more than luck: Business growth strategies to unleash your potential

If you’re a business owner, you already know it takes more than luck to meet your goals and make healthy profits. But sometimes, it’s easy to enter autopilot mode and hope for the best. We think that because we do good work, new customers will flock to us — even if we don’t have any business growth strategies in place. Here’s the hard truth: Simply doing good work won’t lead to business growth. Like anything in life, Read More

3 marketing strategies to show your audience you love them

Like love, marketing makes the world go round. As business owners, we understand the importance of marketing when it comes to closing deals. Aside from driving new business, strong marketing strategies can also help you cultivate meaningful relationships with your audiences. The result? A tenfold return on investment through client referrals and strong conversion rates across marketing channels. But when you’re short Read More

Jump into January: Implement your 2023 business plan with these team-building tips

It's a new year, which means it's time to start implementing the business plan you developed for 2023. If you want to make the most of the next 12 months ahead and put your plan into action, you must build a team that can support you in achieving your goals.  No matter how smart, talented and resourceful you may be, you can't do everything by yourself. It takes a solid team to take a business to the next level, and Read More

Purpose and profits — public benefit corporations: A new emerging business structure

It is a long-held capitalist axiom that businesses exist solely to make a profit. Typical for-profit corporations are legally required to act in the best interests of their shareholders, which means maximizing profits—often at the expense of other considerations. In fact, failure to focus strictly on profits can expose corporate leadership to shareholder litigation. But this exclusive focus on profits, sometimes Read More

Your Free Business Plan Template

The beginning of the year provides the perfect opportunity to pause and reflect on what you want to achieve for your business. Maybe you want to grow your team and streamline processes. Maybe you’re preparing to launch a new product or service line. Or, perhaps you’re thinking about opening a new location in a different city or state. Whatever your goals are, it’s important to understand your vision and put steps in Read More

Why Giving Back to the Community as an Entrepreneur Matters

As an entrepreneur, you’re in a unique position to make a difference in your community. Not only do you have the opportunity to help others through your business, but you can also inspire others to take action and make a difference as well.  Continue reading to learn about the importance (and benefits) of giving back to the community as an entrepreneur, along with tips to help you and your team get involved. We’ll Read More

Achieve Your 2023 Business Goals by Planning Ahead. Here’s How.

Successful business owners plan ahead. As simple as it sounds, taking a couple of days in Q3 and Q4 to identify your business goals and strategies for the following year can bring you that much closer to making those goals happen.   Ask yourself what you want for yourself and your business in 2023. Goals are usually tied to time, money or reputation. Do you want to increase revenue? What about your profit margin? Do Read More