#162 The $85K Reason To NOT Be A Business Ostrich

With never ending to-do lists, getting legal documents in order is a task that often gets buried under a pile of other demands. Unfortunately, this neglect leaves businesses completely exposed without a leg to stand on. Today, I’m sharing a real-life case study of one of my clients as a cautionary tale about the importance of proactive risk management. Unfortunately, this client discovered the costly consequences of overlooking her essential legal documents but with the right knowledge, you can avoid situations like hers, which are all too common.

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Tracey Mylecharane
#161 The Questions To Ask Before You Engage A Business Lawyer

The process of engaging a business lawyer can feel a little daunting for business owners. You don’t know what you don’t know and it can be difficult to know where to start. How do you know if someone is the right fit for you and your business? 

Your relationship with your business lawyer is a significant one for the health of your business so this is something you want to get right. To help streamline this process and make it as easy as possible, today I’m sharing some key questions you should ask before engaging a business lawyer.

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Tracey Mylecharane
#159 RECAST - 5 Red Flags to Look Out For in Business

Over the past 20 years in my career as a lawyer, I’ve had the honour of supporting small business owners. One thing I have said time and time again is that prevention is better than cure because most of what I saw in my years working in litigation and dispute resolution could have been avoided. In this episode, I’m sharing 5 red flags to look out for in business which alert us to the fact that something is not right in business.

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Tracey Mylecharane
#158 How to REDUCE RISK In Business

There are a lot of risks in business. It’s not just in your finances, but your operations, strategy, compliance, and reputation too! It can be overwhelming, but we aren’t powerless. In the last episode, I talked about what risk is in business. Today I want to share the process I take clients through when we’re putting strategies in place to reduce or manage risk.

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Tracey Mylecharane
#157 What Is RISK In Business?

Risk is inherent in any business but there are more considerations to take into account than just the financial side of things. Risk in business encompasses various aspects, including your finances, operations, strategy, compliance and your reputation. Truth be told, running a business is not for the faint-hearted. It requires resilience, strategic thinking, and a proactive approach to managing unforeseen pitfalls.

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Tracey Mylecharane
#156 4 Ways I Can Save You Time & Money

Running a business can be overwhelming. With a never-ending to-do list and the need to wear multiple hats, it's easy to feel stretched thin. I understand these challenges, which is why I want to share four ways I work with clients to streamline their processes, alleviate stress, and save them time and money.

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Tracey Mylecharane
#154 How Your Legals Can Help You Get Paid

Misaligned expectations between you and your client can lead to unpaid bills, a strained relationship, and lots of stress for you. We can protect ourselves from this by ensuring we have solid legal documents. They set the stage for success with your clients, streamline your business operations, and help you achieve your goals

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Tracey Mylecharane
#153 What I Wish Everybody Knew About Small Business Legals

The one thing I wish everyone knew about legals is that if used right, your legals can be the most powerful tool in your business. All too often I hear people say they've been putting them off, waiting to see how their business goes. But here's the thing: your legal documents need to come to the top of your list right now because that can change the trajectory of your business journey.

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Tracey Mylecharane
#152 2 Simple Changes All Business Owners Can Make To Increase Profit

Today, I'm going to share with you two simple changes that can make a significant impact on your business's profit. These changes are easy to implement and I’ve seen them work time and time again. By reading and using your legal documents effectively and being strategic with payment terms, you can improve client relationships, reduce payment delays, and ultimately increase your profit.

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Tracey Mylecharane
#151 How I Help My Clients Make More Money As A Small Business Lawyer

When it comes to making more money in your business, you would likely think about how an accountant or bookkeeper might be of help. Or perhaps you might think about engaging a business coach to help you set up the infrastructure in your business which would bring in more cashflow. What doesn't often come to mind though, is how your business lawyer can help you make more money and that’s exactly what I’m going to talk about today.

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Tracey Mylecharane
#148 3 Mindset Shifts I Made To Build a Multi 6 Figure Business

Today, I want to talk about a topic that is on the minds of many business owners during this time of year: growth. As we assess our metrics and year-end goals, it's important to adopt the right mindset to build a thriving business. In this episode, I'll share with you three mindset shifts that played a pivotal role in my journey to building a multi-six-figure business.

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Tracey Mylecharane
#147 My Exact Process To Set My Business Up For Success

As a firm believer in the power of preparation, I have always lived by the mantra, "There's no substitute for preparation." This belief isn’t just for my business; it extends to all facets of my life. Preparation and planning are the keys to success and protecting what we build. So let's explore my exact process for planning and setting ourselves up for success.

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Tracey Mylecharane
#145 3 Big Lessons I've Learned This Year

In today's episode, I want to take this opportunity to share some profound lessons I have learned throughout this year. These lessons have shaped my journey, impacted my business, and transformed my perspective. I hope that by sharing them with you, they will resonate and inspire you to close out the year strong and set yourself up for success in the new year.

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Tracey Mylecharane
#144 The A's to your Q's

I recently reached out on social media and asked for your most pressing questions about business law and today, I’m sharing the answers with you. A lot of these questions are ones that I get asked all the time, so I know this episode is going to be helpful for you, no matter where you’re at in your business journey.

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Tracey Mylecharane
#143 'Tis the Season Not to be Sued: End of Year Festivities

The end of the year is a time of celebration and joy, but as a business owner, it's important to remember that your legal responsibilities don't take a holiday. One aspect that requires careful consideration is the end of year Christmas party. In today’s episode, I'll provide you with some tips and tricks to ensure a safe and enjoyable event for everyone involved.

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Tracey Mylecharane