Want to Protect Your Business? Stand on This.

There are 3 kinds of risks: the risk that you’ll get screwed or sued; the risk that you’ll get in a fight and the risk that you’ll lose the fight. These risks are ever present. The only way to avoid these risks completely is to stay on your couch….

Bow Truss v. The Profit: Better Than Reality TV

I’ve been following and writing about the Bow Truss v. Marcus Lemonis kerfuffle – now lawsuit – because messy litigation is my reality TV. And, this is messy. As a lawyer, my stock in trade is careful, calibrated elocutions of ambivalence. But, here, I’m not lawyering, I’m writing, so…

5 Signs Your Business is Growing Too Fast: Lessons from Bow Truss Coffee

Crain’s Chicago recently reported that Bow Truss coffee houses, a hip café, temporarily closed its doors. Among the public feuds between the founder on one side and the employees on the other, Bow Truss is a cautionary tale on growing too quickly.  By all accounts, Bow Truss opened 10…

How I Know Your Business “Marriage” Ain’t Gonna Make It

In the midst of providing Business “Marriage” Counseling to two or more business partners, there is a moment when I have to predict a course. See, there are only a couple of paths we can take. People who come to me to work on their intra-company relationships have usually…

Business Partnership Lessons from the Bow Trust Deal Death

Last week, Crain’s reported that Brow Truss coffee houses had closed their doors. Left behind are dozens of employees with unpaid wages and one hysterical owner who is blaming the guy who backed away from buying him out. Marcus Lemonis, the star of MSNBC’s The Profit, had agreed to…

5 Legal Things that Can Kill Your Company

As a business leader, your job is not just to grow your company – it’s also to try to not kill it. And, there are an uncountable number of weapons and wars that can fell your business. Here are 5 ways legal trouble can kill your business and some…

Wells Fargo Business Plan Center

Here’s a story of noble work done by a big bank: Wells Fargo has rolled out an invaluable tool for business owners – a business planning tool. It’s available to anyone – not just bank customers – free of charge. Business plans are mysterious things. Few people know how to…

What You’ve Heard About Net Neutrality is Wrong

Forget everything you’ve heard about Net Neutrality. Net Neutrality is not about content, it’s about poles. Your city is so dotted with utility poles you probably even don’t notice them. Those poles are the real reason why the FCC needed to change the rules around the Internet. To understand…

Putting People First is Good for Business

One of the major effects of the 40 year political movement waged by big business is that we have learned how to evaluate ideas from their perspective. Think about it. When you hear about paid parental leave, you wonder if it is fair to employers because they’ll have to…

Your Safety Shouldn’t Be a Crap Shoot – Why Senator Tillis Is so Very Wrong

You may have heard that Thom Tillis, a Republican United States Senator from North Carolina, said that government shouldn’t require restaurant workers to wash their hands after they use the bathroom. He said, “I don’t have any problem with Starbucks if they choose to opt out of this policy…