Inventors and entrepreneurs may put a lot of effort into developing a product or concept. The goal will be to create products that no one else currently sells or to significantly improve on an existing design. Those who create a new process, product or concept can...
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Newton Business Blog
3 considerations when a shareholder leaves a business
A Massachusetts business must have a solid legal foundation to get off the ground the way its owners envisioned it would. A well-defined business entity allows it to withstand inevitable changes in management, and human and material resources. For small business...
The benefits of implementing a profit-sharing plan for businesses
Running a business is a demanding and challenging task, especially if you're the sole owner. The journey can quickly become overwhelming from the moment you launch until you market your products or services. Plus, increasing profits can take a lot of work. However,...
What to consider before signing a term sheet
Finding a potential investor for your startup can be exciting. It could mean having the funds to expand your company’s growth and learning from an established veteran in the business. However, it’s crucial to scrutinize a term sheet carefully before signing it....
What are the 3 kinds of distracted driving?
Despite growing awareness about the dangers of distracted driving, people still let their attention wander away from the road far too often – and that leads to numerous accidents. In fact, it’s estimated that nine people die in such accidents in the U.S. every single...
Protecting your business’s sensitive data from internal threats
Internal threats arise in any business—whether small or medium-sized. When you have sensitive and proprietary data on the line, you can mitigate these threats by training employees and having them sign relevant contracts or agreements to prevent theft or misuse....
Is hiring an attorney for my small business expensive?
The idea of hiring a business attorney can be overwhelming for many small businesses, especially when it comes to cost. It is a common misconception that hiring a business attorney will result in significant legal bills. However, this is not necessarily true. Is a...
Valuing sweat equity in the gig economy
The gig economy has indeed become a defining feature of our professional landscape. This burgeoning sector has allowed individuals to work on their own terms. From ride-sharing services to freelance graphic design, gig workers often rely on their sweat equity to build...
How to handle conflict with a business partner
Working with a business partner can be challenging. While the ideal situation would be to have a business partner who is equally committed to the business, shares the same vision, and has similar ways of doing things, that is not always the case. Sometimes things go...
How online creators can protect their content from being copied
With the rise of social media platforms, content creators have unlocked unprecedented opportunities to turn their creative passions into thriving businesses. They can now strategically monetize their content through sponsorships, brand partnerships or merchandise...