What is a Professional Service Agreement (PSA)? Professional Service Agreements are legally binding documents between two parties: the service provider and the client. These agreements outline the expectations, deliverables, timelines, and other essential aspects of a business relationship. Why are PSAs Important? Outlining the scope of work, deadlines, and quality standards helps avoid misunderstandings and…
For small business owners, the Corporate Transparency Act (CTA) might seem a bit daunting. Still, understanding its ins and outs is crucial. In Part 1, we delved deep into who must file a Beneficial Ownership Information (BOI) report and the intricacies therein. Here, in Part 2, we tackle exemptions, deadlines, changes to the information, and…
Small businesses have always been the backbone of the American economy. Unfortunately, with the introduction of the Anti-Money Laundering Act of 2020 (AMLA), there is now an added layer of regulatory compliance required for small business owners in the realm of financial transparency. The AMLA established the Corporate Transparency Act (CTA), which has brought about…
Your brand identity is important for many reasons. It can help customers to remember and recognize your business, which can lead to more sales. A strong brand identity can also help you to attract new customers and build customer loyalty. So many people believe that branding is all about colors and logos, but it’s the…
As a business owner or nonprofit organization, it is important to be aware of the many threats that exist, both internally and externally. From data breaches to employee lawsuits, there are a multitude of potential risks that can have a serious impact on your business. By taking steps to protect your business, you can help…