The best thing you can do for America and yourself is invest in small business | Profit and Laws Radio Hour – August 21

If you aren’t investing in small businesses, then you aren’t investing in your future. The only future guaranteed by working for big companies is insecurity and daily sadness. And, those big companies have slaughtered the engine of America: family-owned businesses. Now, everything is a cubicle farm, a big box…

Want to make the market more competitive for small business? Tax Amazon.

Showrooming is killing retail stores.  “Showrooming” is when you go to a store, but buy the product later online, because it’s cheaper. The product is cheaper for two reasons: low overhead (no store or employees to pay for) and no sales taxes.  Amazon’s freedom from charging sales tax is unfair…

The SIXTH Dirtiest Job I’ve Ever Had

I have nothing to say of any merit today. I’m cranky. I’m frustrated. I’m walking up a downward moving escalator. I’m an entrepreneur. I know other entrepreneurs have days like this, because they tell me so, sometimes as their friend, sometimes as their lawyer. So, as a bit of…

Knock On Doors and Never Give Up: Great Entrepreneurial Advice From My Friend and Hero, Karen Lennon

My friend, Karen Lennon, is a serial entrepreneur, lawyer, former math teacher, activist and arts patron. She is proof that a successful, engaging life comes in phases with different goals and projects at the center of each one. Karen was interviewed in the Daily Herald about her life in…

War Stories: Cheap Labor Ain’t Always Cheap

  Profit and Laws and our book, Birth to Buyout, examine issues facing businesses – everything from web contracts to building prototypes.  Occasionally, we’ll be posting stories from the real world that illustrate a particular issue or law.  Up this week?  Manufacturing.  And perhaps an argument that sometimes it’s…

Surprising Threats to Business (and Beer) from Minnesota Shutdown – Part 2

  Folks, two weeks ago, we wrote about how Minnesota’s state government shutdown would keep businesses from getting financing, registrations and licenses. We even had a chart. But, we never imagined that it would also stop the flow of beer from the keg. Seems that without government services, bars…

10 Outrages Fixed by Health Care Reform – Part 5

Outrage #1: Apple Pie Economics Rewards Cheap Employers Companies can beat their competitors by charging less – if they let the government pick up the tab for employee health insurance.  Solution: Big Companies have to provide health insurance (a/k/a “Pay or Play”): Beginning in 2014, companies with 50 full…

10 Outrages Fixed by Health Care Reform – Part 4

Outrage #4: ESP Required Your insurance only covers the emergency room visits …(wait for it)… that you got approved in advance. Solution: No Advanced Knowledge of Emergency Required. Plans that cover emergency room cannot require pre-authorization or in-network hospitals for emergency room visits. Outrage #3: No One Reads It…

10 Outrages Fixed by Health Care Reform – Part 3

Outrage #6: Pre-existing Condition – Denied If you ever saw a Dr. for something minor, you may have a hard time getting new insurance. If you ever saw a Dr. for something MAJOR… Solution: No Rejecting for Pre-existing Conditions. Starting 2014, insurance plans cannot reject applicants for pre-existing condition,…

10 Outrages Fixed by Health Care Reform – Part 2

Outrage #8: Women Denied Women have to fight to get to a gynecologist. Solution: OB/GYN Covered! Plans cannot require pre authorization to see a gynecologist in the provider pool. Women get to pick a gynecologist as their primary care doctor. Ï Outrage #7: Preexisting Condition – Dropped If you…