Category Archives for General Business

Legal planning for 2019 – Foundations for your business (S3E65)


Working with a lawyer usually isn’t at the top of people’s priority list for their business. But now is a great time to start thinking ahead about the legal needs your business might have in the coming year.

You can start getting your business ready for 2019 now by:

  • Performing a quick audit and updating your contracts if needed (including those on your website!)
  • Taking inventory of the content you’ve created over the past year to see what you might need to protect with a trademark
  • Adding a budget line item for legal
  • Getting a lawyer’s eyes on your business to see any legal blindspots
  • Considering if you’re ready to have a lawyer on your team long-term through an ongoing retainer arrangement

Key takeaway: Being proactive about legal in your business now can help set the firm foundations to prepare it to really take off in 2019.

Additional resources:

5-Minute IP Audit worksheet: www.awbfirm.com/podcast

Legal Road Map® checklist: www.awbfirm.com/checklist

Legal Road Map® session: www.awbfirm.com/legal-road-map-session

Sign up below to get a free 5 Minute Intellectual Property Audit. You’ll learn how you can make more money from the copyrights and trademarks in your business (you can also sign up there to be the first to know when new episodes are live and receive other legal updates and special offers from the AWB Firm).

This podcast is information, not legal advice specific to your situation.

Selling your business – Succession planning for a successful sale (S3E61)


It’s easy to want to check out when you’re ready to sell your business, but making sure you have a team in place to help with a smooth transition is an essential part of the sale process.

In this episode I talk about important questions to ask and preparing your team for the sale of your business:

  • Important things to consider when thinking about who will run the business after you sell
  • Terms to have in writing if you plan to stay on after the sale to help with the transition
  • Why you might be required to sign a non-compete agreement
  • Making sure your trade secrets are protected by nondisclosure agreements
  • The right time to let your key employees know about the sale of your business
  • Making sure your employees and independent contractors are appropriately qualified before you sell
  • What you need to know about your independent contractor contracts before you sell

Key takeaway: Making a break from your business can be a stressful process, but with the right people and protections in place, you can confidently move on to the next adventure.

Additional resources:

Contract templates: https://awbfirm.com/contract-templates/

Episode 12: https://www.awbfirm.com/podcast12

Episode 37: https://www.awbfirm.com/podcast37

This podcast is information, not legal advice specific to your situation.

Selling your business – Whats your business worth – Business valuation with Shannon Farr (S3E60)


If you’re a business owner, it’s easy to get caught up in the month-to-month or year-end numbers. But when it comes to putting a price tag on it, how are you supposed to figure out what your business is worth?

I’m joined by Shannon Farr, CPA of Scenic City Consulting, who’s an expert in all things business valuation.

Shannon and I talked about the three standard business valuation approaches and more:

  • How to figure out your business’s value if it owns a lot of intangible assets (like copyrights, trademarks, and trade secrets)
  • Why you might need to do your own due diligence inside your business before the valuation process
  • Why the Income approach is the most popular way to calculate a business’s value
  • What you need to do now if you may be looking to sell or take an investor in your business in the future
  • Why it’s difficult to compare your small business to other similar businesses in the market
  • Important things to discuss with your CPA if you’re preparing to sell your business
  • How getting an independent valuation is kind of like an appraisal for your business
  • Why you shouldn’t be afraid of business valuation as a small business owner

Key takeaway: Business valuation might seem like an avoidable expense, especially if you’re a small business. But placing the right value on everything you’ve worked to build can help you make sure your exit from the business is a positive one, so you don’t leave money on the table.

Visit www.awbfirm.com/podcast60 for a transcript and show notes, and sign up to get a free 5 Minute Intellectual Property Audit.  You’ll learn how you can make more money from the copyrights and trademarks in your business (you can also sign up there to be the first to know when new episodes are live and receive other legal updates and special offers from the AWB Firm).

Additional resources:

Shannon’s company Scenic City Consulting: www.sceniccityconsulting.com

Heather Pranitis, Number Nerd Bookkeeping Solutions: www.numbernerdbookkeepingsolutions.com

This podcast is information, not legal advice specific to your situation.

Selling your business – What are you really selling (S3E59)


Are you thinking about selling or taking an investor for your business?

While we hope if you’re thinking about selling, it’s so that you can retire to the Maldives, whether for good or bad reasons, selling a business can be a stressful process. But a little planning and preparation now can make for smooth sailing when the moment to sell (or invite investment) arrives.

In this episode we cover the three main types of transactions and considerations for each:

  • What are the assets and liabilities in your business?
  • An asset sale – and why this can be more complicated than other types of transactions
  • A stock or membership sale – and possible pitfalls
  • A merger – and why getting a CPA or tax expert involved early is crucial when considering a merger
  • Why it’s important to understand what your business actually owns before you start negotiating a transaction or investment (and a free resource to help with this!)

Key takeaway: There are many ways to structure a sale or investment transaction. Figuring out what assets and liabilities your business owns with a trusted legal and financial advisor can help you make sure you’re not leaving anything on the table.

Sign up below to get a free 5 Minute Intellectual Property Audit.  You’ll learn how you can make more money from the copyrights and trademarks in your business (you can also sign up there to be the first to know when new episodes are live and receive other legal updates and special offers from the AWB Firm).

Additional resources:

5 minute IP audit: www.awbfirm.com/podcast

This podcast is information, not legal advice specific to your situation.

Selling your business – What the heck is due diligence (S3E58)

Due diligence might possibly be the two most boring words in legal jargon.  In plain English, this is the process where a potential buyer or investor evaluates a business to decide if a deal makes sense.

This step is essential when you’re looking to buy, sell, or invite investment into your business.

In this episode, I talk about what to expect during due diligence, and how you can prepare:

  • Who pays for due diligence? (and why you might want to consider a good faith deposit during negotiations)
  • The important reasons you should use an NDA – nondisclosure or confidentiality agreement
  • The different types of documents you’ll be asked to provide
  • Why you might be required to produce your tax returns or bank statements and other financial records
  • Why you need to make sure that contracts with your key business relationships are in order
  • How protecting your intellectual property now could mean a bigger profit if you decide to sell down the road

Key takeaway: Not having your legal house in order can kill a buy/sell or investment deal in an instant. Preparing for due diligence with a trusted attorney and tax advisor can help ensure a successful transaction or agreement.

If you need an NDA (nondisclosure / confidentiality) agreement like the one mentioned in this episode, be sure to check out our contract template store: https://awbfirm.com/contract-templates/  Our templates are fully customizable by you and available for immediate download!

Additional Resources: 

Sign up below to get a free 5 Minute Intellectual Property Audit. You’ll learn how you can make more money from the copyrights and trademarks in your business (you can also sign up there to be the first to know when new episodes are live and receive other legal updates and special offers from the AWB Firm).

 

This podcast is information, not legal advice specific to your situation.

Selling your business – Preparing your business for your graceful exit partners or investment (S3E57)


Are you considering selling your business, stepping back from it, or thinking of taking on a partner or investment to grow it further?

Learn about many steps you can take early on to set yourself and your business up for success down the road when you’re ready for an exit, in this month’s series of podcast episodes.

In this episode, I cover the legal basics you need to have in place before even thinking about leaving or stepping back in your business:

  • The importance of making sure your contracts are airtight (and a resource to help if you’re not sure yours are)
  • Why your contracts need to be regularly revisited, especially if an exit is on the horizon
  • The importance of choosing the right corporate entity
  • Getting a handle on your business’s intellectual property assets with an audit or inventory

Key takeaway: A little preparation before you’re ready to sell or take on a partner or investor in your business will take time and financial resources.  But if you’re planning to build your business to sell it so you can lounge on the beach with a cocktail in your hand, or take on investment so you can grow your business to the next level, planning for the future now has its benefits.

Additional resources:

Forbes.com article about Autumn: https://www.forbes.com/sites/kellyhoey/2018/09/20/podcasting-and-working-with-influencers-is-how-this-attorney-is-scaling-her-practice/#3199465331f5

AWB Firm Legal Road Map® checklist: www.awbfirm.com/checklist

Small Business Administration: www.sba.gov

SBA checklists: TSBDC Checklist and TSBDC Small Business Orientation Packet

Customizable contract templates for online businesses: https://awbfirm.com/contract-templates/

Sign up below to get a free 5 Minute Intellectual Property Audit. You’ll learn how you can make more money from the copyrights and trademarks in your business (you can also sign up there to be the first to know when new episodes are live and receive other legal updates and special offers from the AWB Firm).

This podcast is information, not legal advice specific to your situation.

Lewis Howes – Online business case study (S3E56)


Lewis Howes is an inspiring entrepreneur whose backstory is almost more amazing than the incredible success of his 7+ figure online business.

In this case study, I cover how Lewis Howes:

  • Used his area of expertise (sports) to spot a hole in the market and  start building the online business he has today
  • Utilized online and in-person networking to up-level his business
  • Tests online product ideas by selling before creating (and some of the potentially serious legal consequences of doing this)
  • Participates in affiliate marketing in his business, and a few things you MUST know if you earn commissions as an affiliate, too

Key takeaway: As the saying goes, “start(ing) before you’re ready” can produce incredible results for some business owners. But you have to make sure all of your necessary legal protections are in place first to avoid any sticky situations down the road.

Additional Resources: 

Lewis Howes: https://lewishowes.com

Lewis’s affiliate page: https://lewishowes.com/resources

Sign up below to get a free 5 Minute Intellectual Property Audit. You’ll learn how you can make more money from the copyrights and trademarks in your business (you can also sign up there to be the first to know when new episodes are live and receive other legal updates and special offers from the AWB Firm).

This podcast is information, not legal advice specific to your situation.

Michael Hyatt – Online business case study (S3E55)


Michael Hyatt has had a long, successful career ranging from traditional book publishing to the online space he operates in today. He has created and manages an interactive community platform, sells online courses, books, planners, subscription boxes, and runs a high level mastermind along with other live events. He and his business make for a fascinating case study of a robust and multifaceted online business.

In this case study of Michael Hyatt I cover:

  • How Michael’s first business went under by growing too fast, and how you can potentially avoid the same mistakes
  • Smart personal liability protections to put in place when starting your business (and why they may not 100% protect you if something goes wrong)
  • How Michael created online training and resource platform by first writing a book
  • If you run a membership or community, what you need to make sure is in your Terms of Use with your customers
  • The special intellectual property considerations for physical products (Michael sells a planner)
  • How to make sure you can use all the great photos you capture at live events in later marketing campaigns

Key takeaway: A business with multiple profit centers can present a wide variety of potential legal issues. When you’re playing at Michael’s level, it’s essential to have an experienced attorney who can help you with big-picture strategy and make sure you’re protected

Additional resources:

Legal Road Map® podcast episodes:

  • Copyrights & trademarks: 6, 7, 8

Michael Hyatt: https://michaelhyatt.com

Platform University: https://platformuniversity.com/

Full Focus Planner: https://fullfocusplanner.com

Amy Porterfield: http://amyporterfield.com/

Pat Flynn: https://www.smartpassiveincome.com/

Sign up below to get a free 5 Minute Intellectual Property Audit. You’ll learn how you can make more money from the copyrights and trademarks in your business (you can also sign up there to be the first to know when new episodes are live and receive other legal updates and special offers from the AWB Firm).

This podcast is information, not legal advice specific to your situation.

Marie Forleo – Online business case study (S3E54)


Marie Forleo is arguably the original “multi-passionate entrepreneur”. She manages to effortlessly incorporate her love of things like dance and hip-hop while operating a multimillion-dollar online marketing and development company and inspiring millions.

In this episode, I did a case study on how Marie:

  • Has built her digital marketing and development brand over a nearly 20-year (!!) career
  • Successfully navigated collaborations – including when she created her signature product, B School
  • Optimizes sales of her signature product through affiliate marketing – and how you can do the same in your business
  • Protects her intellectual property while doing affiliate marketing

Key takeaway: Business strategies like affiliate marketing can exponentially increase your sales and your bottom line if done properly. But if you don’t work with an experienced lawyer to make sure you and your business are properly protected in the process, it could spell disaster.

Additional resources:

Legal Road Map® podcast episodes:

Marie Forleo: https://www.marieforleo.com/

B-School: https://marieforleobschool.com/

Sign up below to get a free 5 Minute Intellectual Property Audit. You’ll learn how you can make more money from the copyrights and trademarks in your business (you can also sign up there to be the first to know when new episodes are live and receive other legal updates and special offers from the AWB Firm).

This podcast is information, not legal advice specific to your situation.

Danielle LaPorte – Online business case study (S3E53)


Danielle LaPorte’s online business empire kicks off my September series of case studies. I’m pulling back the curtain of online businesses I admire and pointing out critical legal and business decisions, issues, and protections that helped them achieve their success.

From Danielle’s early days as a consultant to her current position as creator of one of the most recognizable lifestyle brands on the market, this episode covers investment, book deals, certification programs and more.

In this episode, I cover how Danielle:

  • Paid a high price from taking on investment the wrong way early on in her entrepreneurial journey
  • Started her current business by going back to basics
  • Leveraged her intellectual property to create an online content empire
  • Navigated the world of self-publishing for her books
  • Created a certification program (and what you should do to make sure your content and brand are protected)
  • Grew from a one-on-one consultant to a global business that reaches millions

Key takeaway: Choosing the right time to stop DIY’ing legal and start working with a lawyer can help you avoid potentially devastating missteps in your business.

Additional resources:

Legal Road Map® podcast episodes:

  • Book deals – episodes 26, 27, 28, 29
  • Licensing – episodes 30, 31, 32, 33
  • Trademark – episodes 5, 6, 21, 25, 45
  • Copyright – episodes 5, 7, 52

Danielle LaPorte: http://www.daniellelaporte.com/

Sign up below to get a free 5 Minute Intellectual Property Audit. You’ll learn how you can make more money from the copyrights and trademarks in your business (you can also sign up there to be the first to know when new episodes are live and receive other legal updates and special offers from the AWB Firm).

This podcast is information, not legal advice specific to your situation.

Running a location-independent business legally pt.3 – Taxes (S3E48)


In this episode, I explain what you need to know about taxes for location-independent businesses from a legal standpoint. Whether you’re running a location-independent or virtual business, or you have locations or customers in other states, one fact remains the same, your business has to pay taxes!

In this episode I cover:

  • The different types of taxes your business may have to pay
  • What you need to prepare for if you sell to customers in a state outside the state where your business is registered
  • Registering in other states where you have employees or customers
  • The consequences you could face if you don’t pay your taxes
  • Some free resources to help

Key takeaway: No matter which state your 6-7 figure+ location-independent business calls home, you have to pay taxes. Make sure you’re not at risk for a potentially costly audit by seeking the advice of a professional.

Resources mentioned: Small Business Administration

Sign up below to get a free 5 Minute Intellectual Property Audit. You’ll learn how you can make more money from the copyrights and trademarks in your business (you can also sign up there to be the first to know when new episodes are live and receive other legal updates and special offers from the AWB Firm).

This podcast is information, not legal advice specific to your situation.

Running a location-independent business legally (pt.2) – Registering as a foreign entity (S3E47)


Operating a location-independent or online business may mean you have to register in other states where you are doing business. But what constitutes “doing business” in another state? And what could be the consequences of not registering as a foreign entity?

In this episode I cover:

  • Why registering as a foreign entity could apply to online businesses as well as location-independent businesses
  • What constitutes “doing business” in another state
  • The tricky nuances of having independent contractors in other states
  • Why failing to register in the appropriate state could prevent you from being able to file suit
  • The consequences of not registering as a foreign entity in states where you do business

Key takeaway: Fifty states can mean 50 different answers when it comes to doing business in a state outside your own. Seeking the advice of a trusted lawyer can prevent a legal nightmare for your location-independent business.

Sign up below to get a free 5 Minute Intellectual Property Audit. You’ll learn how you can make more money from the copyrights and trademarks in your business (you can also sign up there to be the first to know when new episodes are live and receive other legal updates and special offers from the AWB Firm).

This podcast is information, not legal advice specific to your situation.

Running a location-independent business legally (S3E46)


Running a location-independent business is a dream for many entrepreneurs. If you’re already an established, 6-figure+ business thinking of making the move to location independence, legal is not an area you want to DIY.

In this episode I cover:

  • Considerations for choosing the right corporate entity for your location-independent business
  • Where to set up your entity
  • What a registered agent is, and why you might need one, especially if you’re location independent
  • How to handle your business’s address (you usually can’t use a P.O. Box)
  • Why you need to consult with a tax expert
  • Choosing a bank that will work for you, wherever you’re located in the world

Key takeaway: Making sure you have your legal ducks in a row will allow you to truly enjoy the freedom that a location-independent business provides.

Sign up below to get a free 5 Minute Intellectual Property Audit. You’ll learn how you can make more money from the copyrights and trademarks in your business (you can also sign up there to be the first to know when new episodes are live and receive other legal updates and special offers from the AWB Firm).

This podcast is information, not legal advice specific to your situation.

Prof Advisors – Operations project management and business strategy for 7-figure businesses with Emily Allen (S3E44)


Virtual Chief Operating Officer (COO). business strategist, and project manager Emily Allen and I discussed how a virtual COO can help your business.  Learn how you can stop getting distracted by all those shiny objects and actually meet your goals!

We chatted about why PLANNING is so critical to growing your business to seven- or eight-figures, and why it’s so hard for most entrepreneurs to find the time to do it.  Emily explained how a good project manager can help you prioritize which projects are going to help you achieve your big goals, and break them down into pieces so you can actually tackle them, or delegate to team members.

And, we talked about tracking project progress and outcomes to be sure you’re actually achieving what you set out to do.

Emily shared some of the benefits clients gain from working with a virtual COO or project manager, especially making sure you have the right team members in place and are filling their plates with the right tasks.

We talked about when it makes sense to bring in a project manager or virtual COO — this is not something a new business owner needs, but is critical when moving from six to seven figures.

I gave some insight to the changes I’ve seen in my own business after just a few weeks of working with Emily, and a few of my own a-ha moments.  And Emily talked about some mistakes business owners make trying to scale rapidly on their own without bringing in an experienced business strategist.

Emily Allen is a Virtual COO (Chief Operating Officer) for small to medium-sized woman-owned companies that don’t yet require the services of a full-time COO, but have the need for more strategy, more time to work on what they do best, and more structure with systems and processes without giving up more of their time.

Her main focus is on execution. Through working together, she is able to help define/refine the business strategy and provide accountability for execution to the appropriate members of the team.

She ensures that the company’s everyday activities run smoothly and that there is a company-wide strategic plan in place to support the vision of the company. Emily brings her experience in business planning and project management from her previous corporate life.

Emily is a wife, mom of 3 kiddos, certified project management professional living in northeastern Wisconsin and loves all things planning and organizing.

Sign up below to get a free 5 Minute Intellectual Property Audit. You’ll learn how you can make more money from the copyrights and trademarks in your business (you can also sign up there to be the first to know when new episodes are live and receive other legal updates and special offers from the AWB Firm).

This podcast is information, not legal advice specific to your situation.

Bookkeeping and financial help for 7-figure businesses with Heather Pranitis (S3E43)


Bookkeeper and financial advisor Heather Pranitis from Number Nerd Bookkeeping Solutions and I talked about why you need to know the numbers in your business if you want to scale to seven-figures.  

We talked about what numbers you should be keeping your eye on (overhead! profitability!) as you grow.  Heather also explained what a bookkeeper can help with, and why it’s worth talking with one early in your business when you’re still keeping your own books, to make sure you are set up and recording things correctly.  

We also chatted about when is the right time to hire a bookkeeper, and how to find someone who understands YOUR business’s revenue streams and systems.  Heather stressed how your professional advisors (attorney, CPA, bookkeeper) should work together and be able to talk to each other to support your growing business.  

Heather outlined the benefits of working with a bookkeeper, including understanding what your numbers really mean, getting time back by outsourcing bookkeeping, and gaining an outsider’s perspective and analysis of your business’s finances.

Then we went down the rabbit hole of how it might cost you more, in the long run, to keep your own books once your revenues reach a certain point, especially if you are using Paypal or Stripe or running payroll.

You can find more from Heather and Number Nerd at http://numbernerdbookkeepingsolutions.com/ and Heather likes to hang out on Instagram as @numbernerdbookkeeping

Find Heather’s business workflow templates (they’re awesome) here:

http://numbernerdbookkeepingsolutions.com/business-workflow-templates/

Number Nerd Bookkeeping Solutions is a full-service virtual bookkeeping firm that helps individuals and businesses of all sizes get their numbers in order. Number Nerd offers monthly bookkeeping and payroll packages, QuickBooks file reviews, QuickBooks training, accounting software setup, accounting cleanup, and business process consulting services to their clients around the world. Owned and operated by experienced bookkeeper and accounting workflow consultant, Heather Pranitis, Number Nerd excels at delivering customized solutions to bookkeeping challenges, easy-to-read financial reports, and simple answers to tough finance-related questions. The Number Nerd team partners with their clients to improve bookkeeping processes and establish good accounting habits.

Sign up below to get a free 5 Minute Intellectual Property Audit.  You’ll learn how you can make more money from the copyrights and trademarks in your business (you can also sign up there to be the first to know when new episodes are live and receive other legal updates and special offers from the AWB Firm).

This podcast is information, not legal advice specific to your situation.  

Tax Strategy for 7-figure Businesses with Melissa Whaley (S3E42)


Tax advisor and financial strategist Melissa Whaley and I talk about why having a tax pro on your team is essential as you grow your business towards seven- or eight-figures! Learn the benefits of working with a financial advisor, how a pro can save money both short-term and long-term, and some pitfalls of DIY’ing this area of your business.

Melissa also explained the tax advantages to filing taxes as an S corporation, and when a business owner should at least have a consultation with a financial advisor who can help with tax planning.

We even talked about how you can lose the liability protection an LLC or corporation provides for your personal assets if you are commingling personal and business funds (piercing the corporate veil).

You can find more from Melissa at https://melissawhaley.com/

Sign up below to get a free 5 Minute Intellectual Property Audit.  You’ll learn how you can make more money from the copyrights and trademarks in your business (you can also sign up there to be the first to know when new episodes are live and receive other legal updates and special offers from the AWB Firm).


This podcast is information, not legal advice specific to your situation.

What advisors do 7-figure businesses have on their team, and who do you need to help build your dream business? (S3E41)


This month is all about building your team of professional advisors to reach your seven- and eight-figure business goals. I’m teaching why it's crucial to have a CPA or tax professional, bookkeeper, operations or business manager (COO), financial advisor or CFO, and yes of course a lawyer!, as well as other advisors, on your team.

In this episode I cover:

  • How new businesses can begin building your professional network of “advisors” even if you’re not ready to hire them yet
  • When business owners should hire experts
  • The types of experts a seven- or eight-figure business needs
  • How to find the right experts to work with your business
  • Why you should budget for these professional services
  • The benefits of hiring the right professionals to help you plan your business’s growth
  • How our firm works with businesses on retainer for predictable, consistent legal guidance (it may surprise you!)

I'll also be interviewing a few of my favorite pros in these categories later this month, you don't want to miss it!

Sign up below to get a free 5 Minute Intellectual Property Audit.  You’ll learn how you can make more money from the copyrights and trademarks in your business (you can also sign up there to be the first to know when new episodes are live and receive other legal updates and special offers from the AWB Firm).

This podcast is information, not legal advice specific to your situation.

The importance of work-life balance and reading contracts (S2E36)


Jenny Shih of the Success Your Way podcast joins us in this episode to talk about the importance of knowing when it’s time to pivot your business and how crucial work-life balance is to online entrepreneurs.

Listen and learn:

  • When is the perfect time to hire help
  • How to tell if it’s time to shift your business model
  • The pros and cons of a one-on-one vs. group model
  • Why finding balance in life is good for business
  • The importance of understanding any contract you sign

KEY TAKEAWAY: Many people set out to work for themselves so they have more control over their schedule, but much of the time the opposite becomes true. Setting boundaries and being clear on what work-life balance looks like to you will help your business succeed.

Sign up below to get a free 5 Minute Intellectual Property Audit to learn how you can make more money from the copyrights and trademarks in your business (plus be the first to know when new episodes are live).

This podcast is information, not legal advice specific to your situation.

Making partnerships and collaborations successful (S2E35)


We’ve all probably heard a partnership or collaboration horror story or two. Join me in this week’s episode to learn ways to protect your partnership or collaboration from the start.

Listen and learn:

  • The four essentials to address before you partner up
  • What type of agreement can help you gain ownership of work created by your independent contractor
  • How even email can save your partnership or collaboration

KEY TAKEAWAY: Get it in writing! No matter how advanced you are or aren’t in your business, spelling out the essentials in clear, plain language from the beginning can save you a lot of headache(and legal fees) down the road.

Visit www.awbfirm.com/podcast to sign up for a free 5 Minute Intellectual Property Audit to learn how you can make more money from the copyrights and trademarks in your business (plus be the first to know when new episodes are live).

This podcast is information, not legal advice specific to your situation.

Community lessons from Phit-n-Phat’s Corinne Crabtree (S2E34)


In this week’s episode, Corinne Crabtree of Phit-N-Phat shares valuable insights from year 10 in business. Join us to hear about her experience in transitioning from a hobby to a thriving and quickly-growing business.

Listen and learn:

  • Why building community is so important and can help extend your business’s reach
  • How to deal with the criticism that comes with growing in your business
  • How contracts can protect your friendship when you’re working with friends
  • How important streamlining your client experience can be
  • A valuable mindset shift to help you transition into the person you want to be

KEY TAKEAWAY: Sometimes our business callings find us. When navigating the unique issues of unexpectedly starting and growing a business – from website privacy policies to employee/contractor contracts – it’s essential to have a trusted lawyer who knows your business inside and out.

Sign up below to get a free 5 Minute Intellectual Property Audit to learn how you can make more money from the copyrights and trademarks in your business (plus be the first to know when new episodes are live).