To Sue or Not to Sue?
Whether to pursue legal action to collect a debt owed to you can be a tricky question. On the one hand, you obviously want the money owed to you. On the other hand, you may be plagued with the concern of putting good money after bad.
Here’s a flow chart to provide some food for thought when making the decision to go after your accounts receivable. Below is a handy infographic to help you decide.
The risk of suffering a data breach has never been higher, especially for businesses in Foley, AL and Gulf Shores, AL. Small businesses are three times more likely than larger businesses to be targeted by cybercriminals. The costs of a cyberattack, both in terms of financial and reputational damage, can be devastating to small businesses. […]
You have spent years building your business in Foley, AL and Gulf Shores, AL, but at some point, the time will come for you to sell the company and exit. While many business owners choose to keep the company in the family, that is not always realistic. Family members may not have the interest or […]
Over time, your business can undergo significant changes. What may have started as a humble, one-person operation in Foley, AL can grow into a more complex company, with multiple owners, employees, an evolving mission statement, and increasing risks. As the scope and goals of your business shift, an accompanying change in business structure might be […]
Small business owners in Foley, AL and Gulf Shores, AL are no strangers to government regulations. There are many requirements that businesses must be aware of and comply with, including business license and permit rules. Most businesses must obtain licenses or permits, so it is important for each business to know which ones it needs. […]
