Dealing With Disputes: The Saving Benefits of Arbitration and Mediation, by Rocklin Business Attorney Terry L. Gilbeau

In the modern classic Field of Dreams, cheapest
Ray Kinsella, cialis 40mg
played by Kevin Costner, hears a voice that tells him if he builds a baseball diamond in the middle of his corn field, “they will come.”  For many business owners, that voice is the Internet, calling them to build an online presence. There was a time, not so long ago, when a business could survive without a presence on the Internet.

Those days have now come and gone. People no longer rely on phone directories for information about a business. Instead, they power up their cell phones, tablets and computers for details. Unfortunately, if a company fails to show up in search engine results, it doesn’t exist. That being said, the Internet represents a low-cost method of advertising products or services. With the advent of social networking, a message that reached only hundreds in years past now has the potential to reach millions. In order to successfully harness the power of the Internet, businesses need to formulate comprehensive social networking plans. Before you start drafting your plan, consider the following questions:

Does my business need a website?

A personalized business website can serve as a foundation for your Internet presence. You can control your business’s message and its content. Obtaining a domain name is a simple process, and there is a wide variety of web hosting plans to suit any type of business. There are also companies that can develop your website. Remember, when it comes to websites, content is everything. Update your content regularly, using keywords – words and short phrases related to your business – on your web pages for search engine optimization. Properly worded content can increase the chances links to your website appear in “organic” or natural search results.

What is the best social network to join?

Most businesses open accounts with Facebook and Twitter to maintain relationships with their customers and clients as well as to attract new ones. There are other social networks gaining in popularity, and specialized social networks limited to certain groups are also available. If you already have a website, blogging is another avenue to connect with clients and customers. The keys to successful networking are consistency and knowing your audience. There is no reason to have a social networking account if you don’t use it. In your plan, decide if you want to post messages or blogs on a daily, weekly, biweekly or monthly basis. Some businesses develop content months in advance so it is readily available. The type of messages is also important. Some audiences like constant updates while others only want emails when a business releases a new product or launches a new service.

Do I need a privacy policy? 

When you decide to expand your business to the Internet, you will invariably collect and use information from visitors to your website or social networks. It is crucial to develop and post website usage and privacy policies for your users. These policies will communicate what type of information you collect and how you use it. Some states have laws prescribing what businesses must disclose in their usage and privacy policies. Attorneys that specialize in business transactions are well-versed in the language needed for your policies.

The digital age has arrived. If your business has made or is going to make a commitment to have an Internet presence, a little planning now will help ease your transition into this constantly evolving frontier.

The Law Offices of Terry L. Gilbeau provides personalized counsel to clients in a variety of business and personal matters, including creditors’ rights, debt collection, products liability and international transaction issues. His office is located in Rocklin, CA, just outside of Sacramento, CA, and can be reached at (916-626-5539) or email Terry at tgilbeau@gilbeaulaw.com. Click here for the firm website http://www.gilbeaulaw.com/
small business rocklin roseville sacramentoIn the modern classic Field of Dreams, see
Ray Kinsella, erectile
played by Kevin Costner, hears a voice that tells him if he builds a baseball diamond in the middle of his corn field, “they will come.”  For many business owners, that voice is the Internet, calling them to build an online presence. There was a time, not so long ago, when a business could survive without a presence on the Internet.

Those days have now come and gone. People no longer rely on phone directories for information about a business. Instead, they power up their cell phones, tablets and computers for details. Unfortunately, if a company fails to show up in search engine results, it doesn’t exist. That being said, the Internet represents a low-cost method of advertising products or services. With the advent of social networking, a message that reached only hundreds in years past now has the potential to reach millions. In order to successfully harness the power of the Internet, businesses need to formulate comprehensive social networking plans. Before you start drafting your plan, consider the following questions:

Does my business need a website?

A personalized business website can serve as a foundation for your Internet presence. You can control your business’s message and its content. Obtaining a domain name is a simple process, and there is a wide variety of web hosting plans to suit any type of business. There are also companies that can develop your website. Remember, when it comes to websites, content is everything. Update your content regularly, using keywords – words and short phrases related to your business – on your web pages for search engine optimization. Properly worded content can increase the chances links to your website appear in “organic” or natural search results.

What is the best social network to join?

Most businesses open accounts with Facebook and Twitter to maintain relationships with their customers and clients as well as to attract new ones. There are other social networks gaining in popularity, and specialized social networks limited to certain groups are also available. If you already have a website, blogging is another avenue to connect with clients and customers. The keys to successful networking are consistency and knowing your audience. There is no reason to have a social networking account if you don’t use it. In your plan, decide if you want to post messages or blogs on a daily, weekly, biweekly or monthly basis. Some businesses develop content months in advance so it is readily available. The type of messages is also important. Some audiences like constant updates while others only want emails when a business releases a new product or launches a new service.

Do I need a privacy policy? 

When you decide to expand your business to the Internet, you will invariably collect and use information from visitors to your website or social networks. It is crucial to develop and post website usage and privacy policies for your users. These policies will communicate what type of information you collect and how you use it. Some states have laws prescribing what businesses must disclose in their usage and privacy policies. Attorneys that specialize in business transactions are well-versed in the language needed for your policies.

The digital age has arrived. If your business has made or is going to make a commitment to have an Internet presence, a little planning now will help ease your transition into this constantly evolving frontier.

The Law Offices of Terry L. Gilbeau provides personalized counsel to clients in a variety of business and personal matters, including creditors’ rights, debt collection, products liability and international transaction issues. His office is located in Rocklin, CA, just outside of Sacramento, CA, and can be reached at (916-626-5539) or email Terry at tgilbeau@gilbeaulaw.com. Click here for the firm website http://www.gilbeaulaw.com/
Sacramento area Lawyer Terry L. GilbeauSome business owners compare cash flow to oceans; the ebbs and flows of the water as it encounters land represent the amount of cash generated (flow) and used (ebb) by a business over specific periods of time. Without proper maintenance, information pills
cash flow can become a constant low tide, cheap exposing businesses to problems that can affect their bottom lines. To avoid wading in a pool of financial losses, discount
implement a plan for cash flow success. 

Perform a cash flow analysis

If you don’t know where your business is, how can you know where it’s going? Through a cash flow analysis, you can determine how much money is flowing into your business each month, as well as your outflow, or expenses. During the months that your business has a positive cash flow – more inflow than outflow – determine what factors led to those positive gains. Did you have an increase in sales? Did you introduce a new product? Did more customers pay on their accounts? Also examine factors leading to months of negative cash flow. Look at one-time payments and recurring expenditures such as salaries, insurance, and payments for loans and leases. A thorough analysis will provide much needed information so you can begin gaining control over your cash flow.

Revamp your accounts receivable

How long is your billing period for products sold or services rendered? Although accounts receivables are assets, their true value comes into fruition when they become paid invoices. Most clients and customers will wait until the due date to remit payment, meaning your business may have to wait 60 or more days. How can you receive payments faster? Some businesses offer discounts to customers who pay their invoices before the due date; others require a partial payment or deposit before delivering goods or services. Employing methods to receive payments earlier will help you increase your cash flow. If any changes require contract modifications, consult with an attorney specializing in business transactions. 

Manage your accounts payable

One of the most important things you can do for your business is pay bills on time. Late payments usually incur additional charges that will negatively impact your cash flow. Take advantage of incentives for early payments, which can result in beneficial savings over the long term of your accounts. Some businesses make charts of their expenses and due dates so they can stagger payments and keep cash on hand as long as possible. Remember, expenditures are necessary for businesses, so seek out the best deals to save on costs. 

Controlling the cash flow tide of your business is essential for its success. Becoming knowledgeable about the money ebbing and flowing of your business on a daily basis, as well as how that money is earned and spent, is the starting point for managing cash flow. Without that knowledge, you risk only going with the flow, not controlling it. 

The Law Offices of Terry L. Gilbeau provides personalized counsel to clients in a variety of business and personal matters, including creditors’ rights, debt collection, products liability and international transaction issues. His office is located in Rocklin, CA, just outside of Sacramento, CA, near Roseville, Lincoln, Auburn, in Placer County and can be reached at (916-626-5539) or email Terry at tgilbeau@gilbeaulaw.com. Click here for the firm website http://www.gilbeaulaw.com/
business lawyer rocklin sacramentoLet’s face it, ailment
if you are in business long enough, more about
disputes will arise. Disagreements can manifest from clients, employees, business partners, distributors, and any other entity that interacts with your company. If you are unable to resolve these disputes, there is a good chance you’ll receive communication from a lawyer or a court about pending litigation. Depending on the outcome, your business could be in jeopardy. Fortunately, there are ways to resolve conflicts that avoid lawsuits and can save you and your business time and money: arbitration and mediation.

Although some people believe that arbitration and mediation are the same type of alternative dispute resolution, there are distinct differences between the two. With arbitration, parties agree to present their sides to an arbitrator or group of arbitrators (sometimes called a panel). The arbitrator has the authority to render a decision in order to resolve the conflict. Both parties must abide by the arbitrator’s decision unless they choose non-binding arbitration. Under mediation, a mediator meets with the parties with the eventual goal of allowing both sides to negotiate a solution. Generally, if parties decide to settle after the mediation, they can sign a legally-enforceable document outlining the terms negotiated during the mediation session. 

Many businesses have included arbitration and mediation as parts of their employment policies. Companies that perform services or provide products include arbitration clauses in their contracts. This proactive approach to dispute resolution serves several important “saving” purposes: 

Savings in Legal Costs: After an attorney specializing in business contracts drafts arbitration and mediation clauses to meet a business’s needs, the business can utilize those clauses when conflicts arise. Arbitration or mediation can be less expensive than long, drawn-out lawsuits. 

Savings in Time: Once a business becomes involved in a lawsuit, it can take months or years to resolve the conflict. If possible, business owners need to spend time operating their businesses, not in courtrooms. Arbitration or mediation can reduce the amount of time it takes parties to resolve conflicts, allowing business owners to focus on what matters most – growing and improving their businesses.

Saving Business Relationships: When disputes are resolved in a timely and cost-effective manner using arbitration or mediation, both parties are more likely to maintain business or employment relationships. Established relationships help strengthen businesses, and parties will know how to avoid conflicts in the future.

An attorney specializing in business law can help you decide if a mediation or arbitration plan is right for your business. Ultimately, these tools of alternative dispute resolution may allow you to deal with future conflicts effectively. 

The Law Offices of Terry L. Gilbeau provides personalized counsel to clients in a variety of business and personal matters, including creditors’ rights, debt collection, products liability and international transaction issues. His office is located in Rocklin, CA, just outside of Sacramento, CA, near Roseville, Lincoln, Auburn, in Placer County and can be reached at (916-626-5539) or email Terry at tgilbeau@gilbeaulaw.com. Click here for the firm website http://www.gilbeaulaw.com/

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