Consultant’s Corner: Hiring Your First Employee

Question: I’m growing and am thinking about hiring my first employee. What should I do? When growing a business, entrepreneurs typically reach a point in the process where they must consider the prospect of adding staff. There are several important things to consider when hiring employees, which include: labor laws, compensation structure, fringe benefit programs, […]

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Consultant’s Corner: Photography Pricing Strategies

Q: I’m a photographer and videographer in Atlanta. How do I determine how much I should charge? There are several factors that potentially influence wedding photography prices, including hours of service, number of events, locations(s), photo format (album, digital file, video, etc.), and photographer experience and name recognition. Due to the variables, a form of […]

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Consultant’s Corner: Obtaining UPC Barcodes

Q: How can my business obtain UPC barcodes for products we manufacture? Generally businesses obtain UPC barcodes from GS1 US, the organization that administers the GS1 System of standards in the U.S. Most retailers require their product suppliers to have their own unique identification number in the UPC barcodes found on their products. Only GS1 US can […]

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Consultant’s Corner: Employer Protection Considerations

Q: What do I need to do to protect myself from any wrongful termination claims or unemployment claims against my company? From a general business perspective, the basic ways to protect a business and owner (and management staff) from employee claims and other labor law issues are identification of the applicable federal and state laws, effective recruiting procedures, written company personnel […]

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Consultant’s Corner: How to Set Up a Holding Company

Q. I’m interested in setting up a holding company under an already-established LLC. How do I do this? Are there step-by-step outlines and financial projections available? Basically, a holding company is a company organized with the intention of acquiring equity ownership in other companies, so if you have an existing LLC you could generally acquire […]

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Consultant’s Corner: Marketing Plans for Financial Advisors

Q. What are the best marketing strategies for financial advisors? Financial advisors and similar professionals use customer referrals, local Chamber networking, other professional networking, lead groups, direct mail, newsletters, a business website, social media networking websites, direct sales, and other methods. The best marketing plan will be the one that effectively reaches your defined target […]

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