An abatement period is a period in a lease agreement during which rent is reduced or temporarily waived. It is often used to help tenants during initial occupancy or when a property is undergoing repairs or improvements. The terms of the abatement period are specified in the lease.
As a small business owner, you've invested a lot into your ideas – so much so that having new employees sign non-compete agreements seems almost second nature.
When you cannot be around a phone 24/7, but you also don't want to miss an important call from a client, how can you find a happy medium? No customer wants to hear a machine pick up their call and ask them to leave a message.
For most people, a point will come in their career where presentations are expected of them. To some, this will be an opportunity to show off their elocutionary skills, whereas for others it will be a nervous nightmare.
Whether you're renting consistent office space or utilize the services of a virtual office, neglecting your office environment is a mistake.
Many solo entrepreneurs and small business owners choose to work from home to save money. However, this may not be the best option for those looking to take advantage of the benefits a physical office can offer.
Home-based businesses are quickly becoming the fastest growing form of business start-ups in America. In fact, over half of the 600,000 new businesses founded each year are grown out of someone's home office of basement.
Each year, hundreds of startups fail. Although a small percentage, there are also those that make it big and become household names. A large number of startups end up somewhere in the middle. When you are looking for new investors, partners, or clients, having credibility is key. You want people to be able to trust you. Otherwise, they will not take you seriously.
For decades, the majority of startup culture seemed to focus on the activities of businesses based in Silicon Valley. From Listia to Evernote, Silicon Valley is a hotbed for some of the today's most popular tech companies.
