Connect with us

News

Business Attorney and Strategic Business Growth Expert DeAnn Chase Reveals Strategies for Legally Structuring a Business for Success

Published

on

Business Attorney and Strategic Business Growth Expert DeAnn Chase Reveals Strategies for Legally Structuring a Business for Success

Published on September 1, 2022

DeAnn Chase, founder of Chase Law Group was the featured guest on Influencers Radio with Jack Mize.

Starting a new business can be exciting.  While it’s easy to get hyper-focused on the vision of serving customers as soon as possible, it’s important not to let this excitement distract from planning the business properly. 

The way a business structures itself as a legal entity, handles trademarks, contracts, employment issues, and real estate transactions will have an impact on everything from day-to-day operations to paying taxes and the owner’s personal exposure to legal risks. Making these kinds of decisions can be overwhelming, confusing, and even a bit scary, but it’s a necessary part of launching any successful business.

On a recent episode of Influencers Radio with Jack Mize, Business Attorney and Strategic Business Growth Expert DeAnn Chase discussed some of the biggest misconceptions and mistakes around legally structuring a business for success.

DeAnn Chase is the founder of Chase Law Group, where she helps entrepreneurs and business owners to create proper legal structures that form the foundation for a successful business. She has practiced law for over 25 years and has appeared in virtually every courthouse in Southern California, defending businesses of all sizes against lawsuits.

During the interview, Chase shared why one of the most common mistakes businesses make is waiting to form a legal entity, saying, “For you to have that personal liability protection, while you’re operating your businesses, you need a business entity, such as an LLC or corporation right from the start. I’ve had entrepreneurs whose accountant will say, ‘Wait until you make X number of dollars, and then it’ll justify the amount you’re paying for a franchise fee or some of the additional costs.’ But this is a big mistake because it’s like doing business naked. Those businesses do not have anything protecting their personal assets from a claim or a lawsuit. They are also missing out on the ability to develop corporate credit right from the start under the tax identification number for the new entity. It’s a little bit like giving a college student a credit card. As soon as the entity comes to be, it doesn’t have that credit history. But a lot of the more institutional lenders, when getting a line of credit, usually those banks are looking at a minimum of three years of financials. So if you wait to form the entity until after you’ve started doing business, you are not protected, and you lose the opportunity to develop that corporate credit. Also problematic is that a lot of the long-term contracts that you sign at the beginning of your business, you’re signing a lease, you’re signing a franchise agreement, maybe some long-term client agreements, and all of those contracts are in your personal name or a DBA. But those contracts are very difficult to transfer into the entity once it’s formed… so that’s why it’s so important to have the entity in place right from the start. And it’s also important to ensure you have the right entity.”

As a renowned business attorney who has received many commendations for her professionalism and dedication to entrepreneurship, Chase has achieved the Martindale-Hubbell AV Preeminent Peer Review Rating, a prestigious honor for the highest ethical standards and professional ability awarded to only approximately 10% of attorneys, every year since 2016. She was named a “Woman to Watch” by the Los Angeles Business Journal and honored as a “Woman of Entrepreneurship” by Comerica Bank and the Los Angeles Lakers. Her firm was nominated as the “Best Law Firm for Small Business” by the Best of Small Business Awards, and she was listed in the Top 100 Small Business Visionaries.

Chase has a remarkable ability to cut through the uncertainty and confusion regarding legal issues and is passionate about sharing her wealth of legal knowledge to help entrepreneurs and business owners avoid costly mistakes and lawsuits. 

Listen to the full episode at – https://InfluencersRadio.com/deann-chase

To learn more about DeAnn Chase and Chase Law Group, visit https://chaselawmb.com

This post was originally published on this site

Continue Reading

News

Astra Lumos Is Coming To Grand Designs Live To Discuss Luxury Lighting Design And Installation Needs

Published

on

Astra Lumos Is Coming To Grand Designs Live To Discuss Luxury Lighting Design And Installation Needs

Published on September 28, 2022

Astra Lumos is coming to Grand Designs Live.

(Cotswolds) UK-based luxury lighting design and installations company Astra Lumos announces its presence in the award-winning home event, Grand Designs Live, at the end of this September. James Fielding, Director and the head of sales from the company, is going to be available in the event for every kind of discussion related to lighting design and lighting installation for all interior and exterior spaces.

Astra Lumos is a luxury lighting design and lighting installation company based in the UK which provides an integrated solution for all electrical necessities for its clients. They provide both lighting control systems and normally switched themes with custom wiring accessories, tailored to the client’s specific requirements, and have been in the business since 2014. They have worked on many projects of indoor and outdoor lighting such as garden lighting, landscape lighting, lighting for country estates and listed buildings, whilst specialising in luxury space designs. They majorly work with celebrities and other high net worth individuals in the UK as well as globally, looking for creative space decorations with electrical accessories, audio-visuals, and other innovative technologies. 

Grand Designs Live is a large event organised in London and Birmingham every year for consumers interested in home construction, remodelling, and enhancement in order to  supply all the knowledge and inspiration for finishing their visions for their homes. The event gives attendees access to a wide range of eco-friendly solutions, the latest technology, and innovative products, along with access to more than 500 businesses in the self-build, home remodelling, interior design, and gardening industries. There is an Ask an Expert arena in the event devised for customers to schedule one-on-one consultations with experts in architecture, construction, finance, interior and exterior design, and other fields. Guests are also provided with passes to events like the UK Construction Week and Green Living Live which are attended by major projects, home builders, architects, and local officials and people can interact and collaborate with them with their own ideas as well.

Individuals interested in the above-mentioned sectors and/or looking to create innovative designs for their homes are invited to book an appointment with James Fielding from Astra Lumos to meet and discuss all plans, ideas, and queries at the Grand Designs Live event.

This post was originally published on this site

Continue Reading

News

Personal Trainer Wins Award For Helping Public Speakers Share Their Message With The World

Published

on

Personal Trainer Wins Award For Helping Public Speakers Share Their Message With The World

Published on September 28, 2022

Personal trainer and business consultant Martin Sharp has won a prestigious award for helping others brush up their public speaking skills. 

The 46-year-old from York helps busy and overweight entrepreneurs, consultants and business owners improve their lifestyle so they feel happier and more confident. Alongside this, Martin is also an award-winning public speaker and trains others so they can improve their presentation skills and share their important messages with the world. 

His efforts have now been recognised by the Professional Speakers Academy (PSA), which gave him the Members Choice Award at its annual gala in London. The award is voted for by members and is given to the person they think has been the most supportive of others over the last 12 months. 

Martin said: “When my name was announced by the founder of PSA and world-renowned speaker trainer Andy Harrington, I was shocked. I didn’t expect to win. 

“I feel happy that I’ve helped so many amazing business owners and consultants improve their presentation skills along with their health and lifestyle. I’m incredibly honoured to have been voted for my members and I’m looking forward to continuing to help more amazing speakers get their positive and powerful messages of hope, help and higher achievement in the years ahead.” 

The Professional Speakers Academy (PSA) annual awards were held on Sunday, September 25 and aim to recognise the achievements of entrepreneurs and coaches who have embraced public speaking and used it to make sales and achieve business success. The ceremony, at Under The Bridge, a stylish venue at Chelsea Football Club, was attended by around 180 people and more than 50 awards were given out. 

It was the first time in three years that the awards ceremony had been held as an in-person event due to the Covid-19 pandemic. 

Martin began his career in IT and worked as an enterprise architect business consultant for more than 20 years helping major corporations with large scale changes. But his high-flying executive lifestyle saw him pile on the pounds and at 44, he decided to make a major life change and become a personal trainer and online health and fitness coach. 

This post was originally published on this site

Continue Reading

News

Performance Coach Wins Two Prestigious Awards For His Sales Success

Published

on

Performance Coach Wins Two Prestigious Awards For His Sales Success

Published on September 28, 2022

A peak performance coach and public speaker has won two awards for his sales success at a prestigious awards ceremony in London.

Moses Nalocca, who works with entrepreneurs, business leaders and sports stars to help them achieve their goals and become more successful, was given the accolades at the Professional Speakers Academy’s annual awards on Sunday, September 25. He received the sales person of the year award plus a special 7-figure award in recognition of his achievement of making over £1,000,000 in the training industry.

The 38-year-old said: “I’m so proud for this acknowledgment from the Professional Speakers Academy. It such an honour to be recognised by other experts.

“The 7 figure award is important, not for the money generated in the industry but for the level of impact my work may have done in people’s lives. At the end of the day, it is not about me, it’s about the people I serve.”

Moses, who originally comes from Italy and now lives in London, first came to the UK in 2016 with just 15 euros in his pocket, having to work in a minimum wage job to make ends meet. But used his excellent communication skills and positive mindset to forge a successful career for himself as a public speaker and coach.

One of his recent success stories was the Bulgarian athlete Ivet Goranova, who he coached to gold medal success in the Tokyo Olympics last summer. Moses worked with her on a daily basis in the run up to the tournament to get her thinking like a champion and she won Bulgaria’s first gold medal in 13 years.

The Professional Speakers Academy (PSA) annual awards aims to recognise the achievements of entrepreneurs and coaches who have embraced public speaking and used it to make sales and achieve business success. The ceremony, at Under The Bridge, a stylish venue at Chelsea Football Club, was attended by around 180 people and more than 50 awards were given out.

It was the first time in three years that the awards ceremony had been held as an in-person event due to the Covid-19 pandemic.

This post was originally published on this site

Continue Reading

Trending

SmallBiz Newsletter

Join our newsletter for the latest information, news and products that are vital to running a successful SmallBiz.