In Show 056 – A World of Abundance With David Dugan originally broadcast on Facebook Live on Monday 31 January 2018 we explore this interesting topic.
You can download the worksheet from todays episode here 056 – Worksheet.
Show Notes
Today a BLL special interview with David Dugan, founder of The Elite 500 Mastermind mentorship program. He is also the author of the Amazon bestselling book Bulletproof Business. We’ve known David for a number of years and he has been tremendously helpful to us. David fist became interested in coaching and mentoring after he hired a coach in the early 2000’s. He was a tank commander in the Australian military and was in a tremendously high-stress environment. He had always had an interest in small business as well and after retiring from the Navy he put those two interests together.
David wanted to create a community that would grow and succeed together. His goal was to get 500 thousand businesses each making $500 thousand in revenue. It’s not just about making money. It’s about building a group that could change the world.
One of the big lessons David emphasizes is how to go from an operator to an owner. That process starts by asking how much money you want to make. Often people will say something like “a million dollars” but they have no idea what they would do with that money. You want to setup right from the start how much money you want to get out of the company and what kind of lifestyle it will produce. You also need to ask yourself who you want to impact with your company. Is just about money or do you want to create something to pass on to the next generation.
Moving from being an operator to an owner is a mindset shift. Being an operator is all about producing great products or services that give you constant affirmation. The only reason to be in business is to solve peoples problems. People fall in love with their products. You should be asking yourself what problem are you trying solve? What business are you in and whose problems are you trying to solve? These are questions you should be asking yourself in a serious way at least once a year. You have to be ahead of the game and thinking strategically.
People often talk about time management but that’s a term David finds very problematic. You can’t really manage time. Everyone in the world has the same amount of time to use. What you can manage though is your focus. Where focus goes energy flows. Too often people are putting their focus into stupid things. You need to think strategically. You should think of your time in three different chunks. The first is gold time. The second is blue time. And the third is black time. Gold time refers to those things that can be accomplished as long as you get to them very quickly. For a business owners that is critical thinking and strategic planning. Blue time is the time spent making money for the business. The things that you are getting paid for right now. Black time is spent on administration and finance. At the end of each week you should calculate how much time you are spending on each of these categories. Then look ahead and set a goal of how much time you should spending on each.
David thinks that there is unprecedented change coming and few of us are prepared. In the US, for example, 9 million drivers will be out of work in the next few years because of automated vehicles. From a healthcare perspective by 2030 for every year you are alive you will extend your life by a year. Extending our intelligence using digital technology will revolutionize the way we think. Projects like Project Loon are going to bring internet connectivity to more than half the globe within the next few years. And digital technologies like Blockchain and Bitcoin are going to totally change the world economy. Massive shifts are coming and preparing for those changes will be the key to riding the wave.
David’s goal is to help people to create intergenerational wealth which in turn will create healthy communities and a world of abundance.
More about this Show
We started Business Legal Lifecycle to create a simple way for you to understand complex legal terms. Most importantly we want to help you to develop a plan to take your business successfully into the future. There’s a startling statistic the underscores the importance of developing a solid plan. The majority of business owners are just seven months away from losing everything. A single aspect of your business that is not set-up correctly can shut down your whole operation very quickly. Legal advice is not cheap and even when you can afford it there is often a divide between lawyers and their clients. We want to close that gap once and for all. We want to put legal knowledge and tools into your hand to prevent the worst from happening to you.
Twice a week we are going to deliver those tools right to your home or office with Business Legal Lifecycle TV. We’ll start the week with Fast Fix Monday, a short 5-10 minute video that will tackle a single issue that businesses have to deal with. Then on Wednesday’s our main show will feature with more fulsome discussions and interviews all delivered in a straightforward and easy to understand format.
In Show 055 – 6 Ways to Maximise your Business Profits originally broadcast on Facebook Live on Monday 29 January 2018 we explore this interesting topic.
Show Notes
On Fast Fix Monday we discuss the Top 6 ways to maximize your business profits.
We have a worksheet for todays episode, Download the Show 055 Worksheet here.
1. Converting one-time clients into recurring clients
You’ll be surprised to know that it’s 90% cheaper to convert an existing client than finding a new one. From a marketing perspective it’s 6-9 times cheaper. If you can convert your one time clients into recurring clients you just saved a ton of money.
2. Encourage referrals
It might not feel entirely comfortable but asking your existing clients for referrals is a great way to drum up more business. You can do this in a number of ways. You should have a structure in place that regularly solicits referrals – through emails for example.
3. Categorize your clients
Slot your various clients into three different groups. Your A clients are your top-tier money makers. You B clients are those that have some growth potential to move into the A slot. Finally your C clients are those that suck up most of your time with little money to show for it. Once that’s done you should drop your C clients. They’re taking too much of your time – time that could be better invested elsewhere.
4. Offer up-sales on popular items
If you have a product or service that you can easily tack on to some existing work – do it! Up-sell things that will combine well with your current work. It’s easy to do, offers more for your clients and will increase your revenue.
5. Remove non-essential tasks
The Western Union wire service has been a notorious method for scammers to take advantage of the public. Fake prizes, loans, jobs and discounted products are just part of the myriad ways criminals fooled people into wiring them money. The Department of Justice in the United States ordered the company to pay a $586 million fine. Part of that money will be used for restitution for victims – including those in Australia.
6. Expand your reach
The more people you can get your product or service to the better chance you have of getting new clients.
More about this Show
We started Business Legal Lifecycle to create a simple way for you to understand complex legal terms. Most importantly we want to help you to develop a plan to take your business successfully into the future. There’s a startling statistic the underscores the importance of developing a solid plan. The majority of business owners are just seven months away from losing everything. A single aspect of your business that is not set-up correctly can shut down your whole operation very quickly. Legal advice is not cheap and even when you can afford it there is often a divide between lawyers and their clients. We want to close that gap once and for all. We want to put legal knowledge and tools into your hand to prevent the worst from happening to you.
Twice a week we are going to deliver those tools right to your home or office with Business Legal Lifecycle TV. We’ll start the week with Fast Fix Monday, a short 5-10 minute video that will tackle a single issue that businesses have to deal with. Then on Wednesday’s our main show will feature with more fulsome discussions and interviews all delivered in a straightforward and easy to understand format.
In Show 054 – Reassessing Your Business Structure originally broadcast on Facebook Live on Wednesday 24 January 2018 we explore this interesting topic.
Show Notes
All this month we are focusing on Phase 6: Maximizing your business and bringing on investors. Maximizing your business can often mean taking a hard look at your business structure. You might want to look at some alternatives to your current structure.
When you first start out you will have created a structure that worked great at the beginning but may no longer be the best way to operate. Tax regulations or other laws may have changed and you should be routinely reassessing your structure with your account and lawyer.
Too often people think that legal advice is vanilla and is the same for everyone. That’s simply not ture. Everyone needs a legal structure that is tailor-made for their operation. You don’t know what you don’t know. Getting the correct advice will be the best way to ensure that you aren’t surprised when you try and sell your business. Among the structures you could use are:
Company
A company is a separate legal entity apart from the individuals involved. The company is made up of the director who has the day to day control of the company and the shareholders own the company and are entitled to the profits. The best reason for creating this structure is to ensure that you are not personally liable for the debts and liabilities the business incurs.
Discretionary Trusts
This kind of trust is probably the most popular asset protection strategy you can use. The trust is controlled by the trustee who has legal ownership. The appointer decides who will be the trustee. The beneficiaries have beneficial ownership of the trust. The whole point of this structure is to protect individuals and the trusts assets.
Unit Trusts
Similar to a discretionary trust in that it also is controlled by a trustee. The difference is that there is also includes unit holders. Those unit holders are the actual owners of the trusts assets. It gives you the tax flexibility of a trust while maintaining control of the business. Many of the tax advantages of these kinds of trusts are no longer in effect but they are still useful in many contexts – especially in property development.
Partnership
Partnerships are two entities or two individuals who come together. You shouldn’t just use a partnership straightaway because of liability issues.
More about this Show
We started Business Legal Lifecycle to create a simple way for you to understand complex legal terms. Most importantly we want to help you to develop a plan to take your business successfully into the future. There’s a startling statistic the underscores the importance of developing a solid plan. The majority of business owners are just seven months away from losing everything. A single aspect of your business that is not set-up correctly can shut down your whole operation very quickly. Legal advice is not cheap and even when you can afford it there is often a divide between lawyers and their clients. We want to close that gap once and for all. We want to put legal knowledge and tools into your hand to prevent the worst from happening to you.
Twice a week we are going to deliver those tools right to your home or office with Business Legal Lifecycle TV. We’ll start the week with Fast Fix Monday, a short 5-10 minute video that will tackle a single issue that businesses have to deal with. Then on Wednesday’s our main show will feature with more fulsome discussions and interviews all delivered in a straightforward and easy to understand format.
In Show 053 – 5 Top Things you need to know about your Joint Venture Partners originally broadcast on Facebook Live on Monday 22 January 2018 we explore this interesting topic.
Show Notes
On Fast Fix Monday we discuss the top five things you need to know before bringing on a joint venture partner. Partnerships of this kind are part of Phase 6: Maximizing your business and bringing on investors. You’d be surprised how often some obvious steps are overlooked when entering into a partnership.
1. Integrity
This may seem obvious enough but choosing the right person to enter into a partnership with is absolutely critical. You may think that someone arriving habitually late for meetings or arriving unprepared doesn’t matter but it absolutely does. Your partner must be dependable and reliable.
2. Contribution
If you enter into a joint venture with someone you need to think about the contribution they are going to bringing to the business. We have had many clients that have got into dispute with their partners over the years. Almost always the source of the problem is confusions over who was responsible for what. Those details need to be clearly articulated long before the partnership agreement is signed.
3. Exit Strategy
If there is going to be an exit from the company you need to be working with someone that understands that there is structure in place to accommodate that. Finding out about their past exits in earlier deals will tell you a lot about what they will do in your company.
4. Desperation
You can’t enter into a partnership with someone that is desperate for money. That’s a recipe for disaster. Anyone that has ever gone into business for themselves knows that it costs money to make money. You can’t have someone that is constantly trying to get paid making decisions for the company. Nor can you be the only one putting up cash for the business.
5. Be realistic
Sitting down with a perspective partners and having a frank conversations is really important.
You need to honestly discuss the worst case scenarios for the business. That conversation will ensure there are no nasty surprised for anyone involved in the business.
More about this Show
We started Business Legal Lifecycle to create a simple way for you to understand complex legal terms. Most importantly we want to help you to develop a plan to take your business successfully into the future. There’s a startling statistic the underscores the importance of developing a solid plan. The majority of business owners are just seven months away from losing everything. A single aspect of your business that is not set-up correctly can shut down your whole operation very quickly. Legal advice is not cheap and even when you can afford it there is often a divide between lawyers and their clients. We want to close that gap once and for all. We want to put legal knowledge and tools into your hand to prevent the worst from happening to you.
Twice a week we are going to deliver those tools right to your home or office with Business Legal Lifecycle TV. We’ll start the week with Fast Fix Monday, a short 5-10 minute video that will tackle a single issue that businesses have to deal with. Then on Wednesday’s our main show will feature with more fulsome discussions and interviews all delivered in a straightforward and easy to understand format.
In Show 052 – Agreements with Investors originally broadcast on Facebook Live on Wednesday 17 January 2018 we explore this interesting topic.
Show Notes
Today on the podcast we discuss the importance of agreements with investors. This is part of Phase 6: Maximizing your business and bringing in investors. Too often we have seen companies that have brought on investors without a clear agreement. Those investors are usually friends and family if its a young business. That can create huge numbers of problems both financial and personal. Before anyone takes a share of your company you need an agreement that details all aspects of the business. It’s not a simple document. It’s extremely complex and requires a high degree of legal skill to craft for every business. Among the details that need to be clearly articulated:
1. What happens if the business owners leaves, dies or becomes chronically ill?
The owner of the business is usually the life-blood of the operation. If they become sick or incapacitated in some way that can cause major problems. There needs to be a transition plan in place which can include a buy-sell -option agreement. That is essentially an insurance policy that is put in place if the owner becomes sick or dies.
2. What happens if the founder starts another project similar to your business?
This is important because it protects the company from unfair competition from one of the people in the ownership group who may want to leave the company and enter a similar sector.
3. What happens if you need another partner?
If the business continues to expand you may need additional investment from another partner. Before that happens the details of how that will happen needs to be worked out with the current ownership group.
4. What if a partner isn't putting in the time?
It’s possible that someone in the ownership group will become distracted by another job or interest and is no longer putting in the time and effort into the company. The responsibilities of everyone involved in the company need to be clearly spelled-out.
5. What happens if there are disagreements among shareholders?
Just like a marriage everyone gets along great at the start of a new business. That isn’t always where it ends up. A dispute management system needs to have been agreed upon by all parties long before the operation gets under way.
5. What happens if there is a deadlock after a vote?
This is especially important if there is a 50/50 ownership split. It’s possible that a major decision will end in a deadlock. You don’t want to wait until that happens before you decide on how to resolve that kind of dispute.
There are many different types of shareholders agreements An early agreement can be used for start-ups and will deal with the fundamentals. This kind of agreement is great for the start of the business but it is not something you want to leave for thirty years. It should be reviewed at least every two years or so. As the business grows and changes for should the investor agreement.
When you start out you may only have one or two employees. When you bring on investors they may want a seat on the board of directors. That is going to require an agreement that details how that board is going to operate. How will elections take place? What voting rights do members have? These minute details are really important. Those procedures need to be clear and practical.
Joint ventures a re different from a shareholders agreement. They are necessary when two companies come together. It’s more like a partnership. Transferring of shares and dispute resolution clauses are equally important in this kind of agreement.
Another kind of agreement that is popular for start-ups is a loan agreement. This allows you to get a fresh injection of cash without giving up any equity in your company.
More about this Show
We started Business Legal Lifecycle to create a simple way for you to understand complex legal terms. Most importantly we want to help you to develop a plan to take your business successfully into the future. There’s a startling statistic the underscores the importance of developing a solid plan. The majority of business owners are just seven months away from losing everything. A single aspect of your business that is not set-up correctly can shut down your whole operation very quickly. Legal advice is not cheap and even when you can afford it there is often a divide between lawyers and their clients. We want to close that gap once and for all. We want to put legal knowledge and tools into your hand to prevent the worst from happening to you.
Twice a week we are going to deliver those tools right to your home or office with Business Legal Lifecycle TV. We’ll start the week with Fast Fix Monday, a short 5-10 minute video that will tackle a single issue that businesses have to deal with. Then on Wednesday’s our main show will feature with more fulsome discussions and interviews all delivered in a straightforward and easy to understand format.
In Show 051- Fast Fix Monday Why You Need a Shareholders Agreement originally broadcast on Facebook Live on Monday 15 January 2018 we explore this interesting topic.
Show Notes
Today on Fast Fix Monday we wanted to touch on shareholder agreements. These agreements often come into play during Phase 6: Maximizing your business and bringing on investors. Why do you need a shareholders agreement? They can provide legal security for your company and it helps to regulate future disputes. There are several “what if” scenarios this agreement will cover. Among them are:
1. What happens if the business owners leaves, dies or becomes chronically ill?
The owner of the business is usually the life-blood of the operation. If they become sick or incapacitated in some way that can cause major problems. There needs to be a transition plan in place which can include a buy-sell -option agreement. That is essentially an insurance policy that is put in place if the owner becomes sick or dies.
2. What happens if the founder starts another project similar to your business?
This is important because it protects the company from unfair competition from one of the people in the ownership group who may want to leave the company and enter a similar sector.
3. What happens if you need another partner?
If the business continues to expand you may need additional investment from another partner. Before that happens the details of how that will happen needs to be worked out with the current ownership group.
4. What if a partner isn't putting in the time?
It’s possible that someone in the ownership group will become distracted by another job or interest and is no longer putting in the time and effort into the company. The responsibilities of everyone involved in the company need to be clearly spelled-out.
5. What happens if there are disagreements among shareholders?
It’s possible that someone in the ownership group will become distracted by another job or interest and is no longer putting in the time and effort into the company. The responsibilities of everyone involved in the company need to be clearly spelled-out.
6. What happens if there is a deadlock after a vote?
Just like a marriage everyone gets along great at the start of a new business. That isn’t always where it ends up. A dispute management system needs to have been agreed upon by all parties long before the operation gets under way.
More about this Show
We started Business Legal Lifecycle to create a simple way for you to understand complex legal terms. Most importantly we want to help you to develop a plan to take your business successfully into the future. There’s a startling statistic the underscores the importance of developing a solid plan. The majority of business owners are just seven months away from losing everything. A single aspect of your business that is not set-up correctly can shut down your whole operation very quickly. Legal advice is not cheap and even when you can afford it there is often a divide between lawyers and their clients. We want to close that gap once and for all. We want to put legal knowledge and tools into your hand to prevent the worst from happening to you.
Twice a week we are going to deliver those tools right to your home or office with Business Legal Lifecycle TV. We’ll start the week with Fast Fix Monday, a short 5-10 minute video that will tackle a single issue that businesses have to deal with. Then on Wednesday’s our main show will feature with more fulsome discussions and interviews all delivered in a straightforward and easy to understand format.
In Show 050 – Expansion in Practice – Interview with Dan Holden originally broadcast on Facebook Live on Wednesday 10 January 2018.
Show Notes
Today we’re joined by Daniel Holden, the director of HoldenCAPITAL. Holden is a specialist construction finance group based in Brisbane. They structure finance arrangements for major construction companies and help others to invest in property developments. We’ve worked with Dan for many years and we’re really excited to have him on the podcast this week.
Daniel began his career working as a property developer. For six years he worked his way through the entire lifecycle of property development doing acquisitions, diligence and construction management. Eventually, he was approached by a finance firm to work on the debt structuring side of the business. A few years after that he set off on his own.
Dan came from a construction background and that experience has helped him to better understand his clients’ needs. Many of his colleagues come from a more traditional banking background so it was Dan’s real world experience that helped him to succeed. He has developed relationships with a select group of builders and has been judicious in deciding which projects to fund.
HoldenCAPTIAL has won many awards over the last few years. That kind of recognition has been critical in growing the business. That became especially true after the banks started to tighten their lending polices and Holden had to increasingly rely on private capital. Being able to say that they are number one in the country threes in a row has been an important feather in their cap.
Recently, Holden created HC Invest which allows investors to fund new projects. They have been helping high net-worth individuals to participate in projects by taking individuals money and funnelling those funds into new builds. They are increasingly opening those kinds of transactions to even more people. There is some risk involved but Holden routinely offers upwards of 20% return on investment in as little as 10 months.
Dan hopes to continue to expand their investor base over their next few years. He also hopes to colloborate on more joint-venture transactions. The market has changed significantly with more money coming in from Asia and other countries.
Dan says that one of the biggest issues he sees in his industry is a lack of good planning. There are many examples of developers being far too reactive instead of being proactive. Oxygen is cash in any business and companies can often find themselves money-starved if they haven’t planned for the long-term.
If you’re interested in learning more about the kinds of investment opportunities that HoldenCAPITAL offers go to: http://www.holdencapital.com.au/investment/ and sign-up to receive regular updates.
More about this Show
We started Business Legal Lifecycle to create a simple way for you to understand complex legal terms. Most importantly we want to help you to develop a plan to take your business successfully into the future. There’s a startling statistic the underscores the importance of developing a solid plan. The majority of business owners are just seven months away from losing everything. A single aspect of your business that is not set-up correctly can shut down your whole operation very quickly. Legal advice is not cheap and even when you can afford it there is often a divide between lawyers and their clients. We want to close that gap once and for all. We want to put legal knowledge and tools into your hand to prevent the worst from happening to you.
Twice a week we are going to deliver those tools right to your home or office with Business Legal Lifecycle TV. We’ll start the week with Fast Fix Monday, a short 5-10 minute video that will tackle a single issue that businesses have to deal with. Then on Wednesday’s our main show will feature with more fulsome discussions and interviews all delivered in a straightforward and easy to understand format.
In Show 049 – Top 5 Things to Look Out for With an Investor originally broadcast on Facebook Live on Monday 8 January 2018 where we explore this interesting topic.
Show Notes
Today on Fast Fix Monday we want to continue our discussion about bringing investors into your business. Having a fresh injection of cash can be a great way to grow your business – but there potential pitfalls. In no particular order here are the top five things you need to know before getting an investor.
1. An investor should be a partner
You don’t just want to have some random person investing in your business. You need a strategic partner that can help you guide and grow the business. You need to look at them closely to make sure that it’s going to be a good relationship.
2. Credibility
The person you’re bringing on needs to have a good reputation in the industry. In a business you may need future investors so you need to make sure everyone on your team is well-know and credible.
3. Find a well connected investor
The investor you’re bringing into the business will ideally be able to open new opportunities for the business as well as personal connections that will help you to grow.
4. Entrepreneurial spirit
Building a business from the ground up can be a hugely stressful experience and your partner has to be able to weather the ups and downs. Finding an investor that be a rock solid partner even during the worst of times is critical.
5. Find a strategic investor
You may be great at marketing or some other aspect of the business but everyone has weaknesses. Finding an investor that can shore-up your weakest point is hugely important.
More about this Show
We started Business Legal Lifecycle to create a simple way for you to understand complex legal terms. Most importantly we want to help you to develop a plan to take your business successfully into the future. There’s a startling statistic the underscores the importance of developing a solid plan. The majority of business owners are just seven months away from losing everything. A single aspect of your business that is not set-up correctly can shut down your whole operation very quickly. Legal advice is not cheap and even when you can afford it there is often a divide between lawyers and their clients. We want to close that gap once and for all. We want to put legal knowledge and tools into your hand to prevent the worst from happening to you.
Twice a week we are going to deliver those tools right to your home or office with Business Legal Lifecycle TV. We’ll start the week with Fast Fix Monday, a short 5-10 minute video that will tackle a single issue that businesses have to deal with. Then on Wednesday’s our main show will feature with more fulsome discussions and interviews all delivered in a straightforward and easy to understand format.
In Show 047- Maximising Your Business, Bringing in Investors originally broadcast on Facebook Live on Wednesday 3 January 2017 we explore this interesting topic.
Show Notes
Today we kick off the new year with Phase 6: Maximizing your business and bringing in new investors. This phase comes at the end of the consolidation part of your business lifecycle. You’ve brought on employees and you’ve protected your IP. Now you need to figure out how to maximize the business before you begin scaling up. Before you scale up you need to make sure you’ve solved all the problems you’re encountering in the day to day operation of the business.
Maximizing your business means figuring out what kind of business you’re in. Then detailing the operation of that business. Finally, you have to maximize the output from your employees – if you have any. There are many examples of businesses that expanded too fast. We had a client that expanded by purchasing other similar businesses. He acquired those businesses too quickly and ended up with a lot of employees that were not on the same page. The business ended up folding. That’s an extreme example but it happens all to often. Before you start thinking of expansion you have to maximize what you have.
How are you going to maximize your business? All business owners want to maximize their revenue. That’s a singular focus that doesn’t help you to achieve you long term goals. 80% of your work will come from your top 20% of your clients. You have to figure out who those clients are. It’s called the 80/20 rule. Focusing on the right clients to get the right revenue is a huge part of maximizing your business.
There are many different kinds of investors you can bring into your business. Venture capitalists are one avenue. They essentially use other people’s money to invest in attractive companies. They like to see your revenues and profits and they like to see that you have a long-term vision. Angle investors are similar but they usually invest early in the company and are willing to take a chance on a new company in exchange for a larger stake. Another type of investment is crowd-sourcing. This is relatively new and leverages the power of the internet to get many small investors. Australia has not yet allowed this form if investment but its only a matter of time before those laws change. Family and friends are another major source of investment in companies. Agreements must be in place in these situations to make sure you’re protected if disagreements arise.
There are many ways you can use investment to build your business. It can provide the tools and experience of the investor that can assist with major decisions. Having someone to bounce ideas off of can be invaluable. Getting a cash injection is really important but it’s not the only reason for bringing on an investor. There can be some disadvantages of course. Losing equity in the business can also mean you’re losing some control. The investor is now going to have a say in how your firm operates.
More about this Show
We started Business Legal Lifecycle to create a simple way for you to understand complex legal terms. Most importantly we want to help you to develop a plan to take your business successfully into the future. There’s a startling statistic the underscores the importance of developing a solid plan. The majority of business owners are just seven months away from losing everything. A single aspect of your business that is not set-up correctly can shut down your whole operation very quickly. Legal advice is not cheap and even when you can afford it there is often a divide between lawyers and their clients. We want to close that gap once and for all. We want to put legal knowledge and tools into your hand to prevent the worst from happening to you.
Twice a week we are going to deliver those tools right to your home or office with Business Legal Lifecycle TV. We’ll start the week with Fast Fix Monday, a short 5-10 minute video that will tackle a single issue that businesses have to deal with. Then on Wednesday’s our main show will feature with more fulsome discussions and interviews all delivered in a straightforward and easy to understand format.
Show 046 – Fast Fix Monday – Happy New Year 2018.
Show Notes
Happy New Year everyone and welcome to 2018! Because it’s New Year’s Day today’s edition of Fast Fix Monday is going to a short one. We have a lot planned for the coming 12 months. We want to help make the coming year the best yet! On Wednesday we will return with an all episode of the Business Legal Lifecycle Podcast. We hope you’ll join us.
More about this Show
We started Business Legal Lifecycle to create a simple way for you to understand complex legal terms. Most importantly we want to help you to develop a plan to take your business successfully into the future. There’s a startling statistic the underscores the importance of developing a solid plan. The majority of business owners are just seven months away from losing everything. A single aspect of your business that is not set-up correctly can shut down your whole operation very quickly. Legal advice is not cheap and even when you can afford it there is often a divide between lawyers and their clients. We want to close that gap once and for all. We want to put legal knowledge and tools into your hand to prevent the worst from happening to you.
Twice a week we are going to deliver those tools right to your home or office with Business Legal Lifecycle TV. We’ll start the week with Fast Fix Monday, a short 5-10 minute video that will tackle a single issue that businesses have to deal with. Then on Wednesday’s our main show will feature with more fulsome discussions and interviews all delivered in a straightforward and easy to understand format.
