Tag: outsourced general counsel
Why is Outsourcing Becoming More Popular in Small and Medium-Sized Businesses?
Posted on June 24, 2021
As we have discussed in previous blogs, knowing how to delegate tasks is a crucial skill for business owners and business leaders alike. Delegating tasks frees up time to focus on higher-level responsibilities and ultimately helps you grow your business. More and more businesses are choosing to delegate by outsourcing certain services to outside providers. Read on to learn about the many benefits of outsourcing for small and medium-sized businesses. Reducing Costs and Freeing Up Funds for Other Projects For many businesses, the key benefit associated with outsourcing is saving […]
Top 3 Ways Outsourced General Counsel Helps Grow Your Business
Posted on June 10, 2021
If your business revenue is in the $10 million or above range but your company is not large enough to justify an in-house attorney, consider utilizing outsourced general counsel (OCG). With OGC, you gain legal guidance and support from a business lawyer without needing to hire an attorney full time. The advantages associated with this approach are plentiful, which is why more and more small and medium-sized businesses are using outsourced general counsel to meet their needs. To effectively grow your business, you must ensure that sensitive legal concerns are […]
Lessons Many Business Leaders Wish They Learned Sooner
Posted on June 8, 2021
Managing a business is not for the faint of heart. A surprisingly large percentage of businesses do not make it past their one-year anniversary and even fewer see their five- or ten-year anniversary. To succeed as a small or medium-sized business leader, you must be continually vigilant for ways to improve and grow. One of the best ways to do this is to ensure that each hardship you experience teaches you something. Read on to learn about some of the lessons that business owners and business leaders learned the hard […]
How Outsourced General Counsel Can Protect Your Business and Help You Enjoy Continued Success
Posted on May 27, 2021
As a business owner, you may feel like your to-do list never ends. Juggling sales, marketing, budgetary concerns, inventory, and employee issues can leave many business owners overwhelmed and overworked. Handling everything on your own is not only stressful but also unsustainable in the long run. Learning how to properly delegate is essential to your business’s long-term success. One way you can delegate responsibilities and ensure that you are not making mistakes that can land you in legal trouble is to utilize outsourced general counsel. What is Outsourced General Counsel? […]
Managing the Unique Challenges of the Rapidly-Changing Manufacturing Industry
Posted on May 4, 2021
When the average person thinks about the manufacturing industry, they might picture large corporations producing massive quantities of products. However, small and medium-sized businesses make up a substantial portion of the modern manufacturing industry. In fact, it is estimated that over 98 percent of manufacturing companies in the U.S. are small businesses, and more than 75 percent of these companies employ fewer than 20 workers. If you are a small business owner or business leader in the manufacturing sector, it is important to keep up with the rapidly changing landscape […]
Delegating Responsibilities is Key to Success for Small and Medium-Sized Businesses
Posted on April 27, 2021
As a business leader, it can often seem like your “to-do” list never ends. The moment you complete one task, three more responsibilities present themselves. Between dealing with staffing and management concerns, financial planning, customer service, and daily operations, you may often feel like you are drowning in a sea of responsibilities. The constant influx of responsibilities can make it difficult or nearly impossible to focus on ideas that can improve your business in the long term. This is why one of the most important things you can do to […]
Consider Adding Outsourced General Counsel to Your Company in 2021
Posted on February 9, 2021
Large corporations generally have at least one attorney, if not an entire legal team, working full-time to provide a wide range of legal services, including legal advice on issues such as contracts, asset protection, and liability. Such lawyers also provide immediate and trusted representation in any necessary legal proceedings. The vast majority of small businesses—and even most medium-sized companies—do not have the resources to hire an in-house attorney to offer guidance on everyday matters. However, businesses of all sizes still must deal with a variety of legal concerns, and if […]
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