Recently, an article from Colorado Biz magazine featured some good “spring cleaning” tips for small business owners. In this post, we are going to discuss a few of the tips from the article and add a few of our own, from a business law standpoint.
Small business owners are constantly putting all of their time and energy into growing their businesses, which leaves little time to focus on the general housekeeping issues. However, like the Colorado Biz article explained, your business can be even more productive and secure by taking the steps below, and spring is the perfect time to get them done.
Get rid of clutter, in your workspace and online.
Spring cleaning means throwing out the stuff that is just getting in the way and slowing down your office. It’s also a good time to revisit your social media profiles to make sure that they aren’t cluttered with information, photos and links that are useless or outdated.
Make a plan for outsourcing work that is taking up too much of your time.
As the Colorado Biz article pointed out, too many small business owners spend their valuable time trying to put out tech fires when they should be outsourcing the problems to IT professionals and service providers.
The same goes for legal issues. Instead of trying to wrap your head around all of the legal issues your business deals with such as non-compete agreements, real estate transactions and contracts, turn them over to a business law attorney whose job is to understand the laws and how they affect your business.
Not only does outsourcing both of these things free up your time to focus on your business, it also makes sure that the work is done right the first time by professionals who know what they are doing.
Think about protecting your business’ intellectual property.
Even if you don’t think your business has any “trade secrets,” you likely have intellectual property that needs to be protected such as your logo, business name and other aspects that set your business apart from competitors.
In addition to protecting these business interests from the competition, applying for patents, copyrights or trademarks can also help to boost your company’s intangible value.