Contact Us for a Consultation 334-440-6165

The Advocate's Blog

What You Need to Know About DBAs

Posted by Gregory Robinson | Jul 15, 2024 | 0 Comments

The Importance of a Business Name The first impression your business makes often comes from its name. While your business may operate under a different name than what's on its organizational documents, registering a Doing Business As (DBA) name allows this flexibility. Also known as an assumed n...

Choosing the Right Legal Entity for Your Business

Posted by Gregory Robinson | Jun 30, 2024 | 0 Comments

Starting a business in the United States is an exciting endeavor, and with numerous tools available, it's easier than ever to tap into the free enterprise system. However, achieving the American dream of being your own boss and running your own company requires careful planning and practical deci...

Intellectual Property Basics for Businesses

Posted by Gregory Robinson | Jun 21, 2024 | 0 Comments

Intellectual property (IP) is the driving force behind many of the world's most innovative and successful businesses. IP rights—including patents, copyrights, and trademarks—protect intangible assets and help companies and individuals profit from the fruits of their intellectual labor. In today'...

What Is a Business Divorce?

Posted by Gregory Robinson | Jun 18, 2024 | 0 Comments

Business partnerships, like marriages, are complex relationships with highs and lows, challenges and rewards, good times and bad times. When people start businesses together, they should expect to experience growing pains. However, when differences are irreconcilable and threaten to drag the comp...

Does My Company Need a Shareholder Agreement?

Posted by Gregory Robinson | May 30, 2024 | 0 Comments

A shareholder agreement is a crucial contract between the shareholders of a corporation, outlining their rights, responsibilities, and obligations to one another and the corporation. These agreements, also known as stockholder agreements, are optional but highly beneficial, particularly for close...

Celebrate National Small Business Week

Posted by Gregory Robinson | Apr 28, 2024 | 0 Comments

National Small Business Week—an annual event that honors America's entrepreneurs and small business owners—takes place April 28 through May 4 this year. Commemorated since 1963, National Small Business Week includes an award ceremony and virtual summit presented by the US Small Business Administ...

Exit Strategies for Business Owners

Posted by Gregory Robinson | Mar 13, 2024 | 0 Comments

Starting a business requires a great deal of planning and execution. Exiting from your small business should entail a similar level of forethought and preparation. Nevertheless, some surveys indicate that nearly half of business owners have no exit strategy.[1] After years of expanding your busi...

How to Prepare Your Business for an Economic Slowdown

Posted by Gregory Robinson | Feb 19, 2024 | 0 Comments

Financial winter is coming. Or is it? Despite renewed optimism that the US economy can avoid a deep downturn, economists say the chances of a recession in 2024 are still about even. Small businesses are feeling the pain from high inflation, declining consumer confidence, and other economic headwi...

Revamping Your Business Model

Posted by Gregory Robinson | Jan 31, 2024 | 0 Comments

Good business ideas have a simple elegance that can spur entrepreneurs to ask themselves, Why didn't I think of that? Or maybe they did have a good idea but lacked the foresight to turn it into an effective business model. Inspiration alone is not enough to succeed in business. Ideas must be acc...

Managing Business Relationships

Posted by Gregory Robinson | Jan 25, 2024 | 0 Comments

Americans have a “pull yourself up by your bootstraps” mentality that speaks to our individualism and enterprising spirit. This mindset is especially pronounced among business owners, who have chosen to forego the typical employment route in favor of creating their own enterprise Independence is...

Understanding Your Business Liabilities and Assets

Posted by Gregory Robinson | Nov 05, 2023 | 0 Comments

Assets, liabilities, and equity are accounting terms that every small business owner should be familiar with. They are included on a business's balance sheet, providing a snapshot of financial health. A balance sheet shows a company's assets and liabilities at a given time and how money is flowi...

Using ChatGPT: Benefits and Risks for Businesses

Posted by Gregory Robinson | Nov 03, 2023 | 0 Comments

No technology in recent memory has generated more hype, both positive and negative, than ChatGPT. ChatGPT is probably the most well-known of many generative artificial intelligence (AI) applications and tools that are currently available. There are many tasks that it can help to automate, optimiz...

Buying a Real Estate Business

Posted by Gregory Robinson | Oct 14, 2023 | 0 Comments

Buying a business and purchasing real estate are two very different investments. Business ownership typically requires some management skills and knowledge about market conditions, consumer trends, staffing, and finances. Ownership of real estate, on the other hand, requires considerable due dili...

  • 1 of 5

Menu