Posts tagged - Arizona corporation

Arizona employers, are you ready to comply with proposition 206 by July 1, 2017?

As most readers are aware, I generally write about business related issues as opposed to legal issues. Today I am writing about a legal issue that, in a few months, will be a business issue for all Arizona employers. On July 1, 2017, Arizona employers will be subject to a new law on Paid Sick Time Off Policies. This is thanks to Proposition 206, which was passed last year.

I know you are thinking “I have a PTO policy, I must be good to go”, but you are not. Existing PTO policies do not comply with the requirements of. Prop 206, no matter how generous the policy is.

Instead of explaining more myself, I am providing you with a link to the answers to the top questions you will and should have regarding what is required of your business to comply with Prop 206. The information is provided by Kraig Marton and Jeffrey Silence of my firm and is a must read. This is the link you need:

http://www.jaburgwilk.com/news-publications/eight-questions-about-arizona-s-new-paid-sick-time-law

If you have any further questions or want to discuss having a PST policy drafted, please let me know.

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Who is your customer or client?

Of course the answer to this question is dependent on what you do, but if you don’t start by answering this question you will miss out on opportunities. The answer, based on your line of work, may be a type or category of businesses or  categories or people.

Some sales people think the answer is anyone and everyone, but it isn’t. On the surface, if you are in pharmaceutical sales it is doctors or medical practices or if you are a pool installer it is home builders or homeowners. It is important to start with the big picture and then narrow it down so you can come up with reasonable marketing and networking strategies. If you are the pharmaceutical salesperson, your company may assist with this by assigning you a region of a city, state or the country and providing leads. If you are the pool installer, you have to choose the geographical area you can reasonably cover with your crew(s), let alone the number of projects you can work at one time without causing delay and upsetting customers, before deciding how to market to your audience of potential customers.

Some professions, including attorneys, accountants and financial planners, have a different answer. We all have the skills to help many types of businesses and people, but a wise man I know told me something years ago about who your clients are likely to be, which still holds true today: look in the mirror. What he meant is that you are naturally going to connect to people similar to you, whether in age range, family background, interests, etc. We all know personal connection helps or causes us to make choices a lot of the time.

Where this leaves you is to remember, no matter your business or profession, you need to have a plan and strategy for your marketing and networking. If you have no plan, you have no plan, and you will have hits and misses, though likely more misses, because you are leaving your business to luck or casting too wide a net (a wide net has large holes for potential business to slip through!). It also helps to put your plans on paper, with short term and long term ideas, plans and goals.

If you start by defining who is your customer or client and drill down from there you increase your chance for success. So start today because there is no time like the present!

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Are you all in?

We all know the saying “You are either all in or all out.” The meaning of this phrase is obvious, but when you think about it, it applies to all situations in business  or your personal life.

In your personal life, if you spend your time with your kids or significant other connected to a device, email, etc. they will know they don’t have your full attention, which means you are not all in. That email can wait when it comes to your time with your kids or significant other, can’t it? If not, you are better off explaining to them you have to work than letting them sit there assuming they are not your priority. Think about how you feel if your significant other is constantly on their phone or the Internet. Or , if you have teenagers, it is likely you know this feeling well.

Similarly, in business, if you are not all in, you are all out. You cannot kind of do something and be successful. You may not work as hard as you could have and get lucky by landing an account or client, but that is the exception, not the rule. If you don’t give it your all on a report for a supervisor and they know your usual level  of work product when you do give it your all, they will know. The inverse of this is that people you work with or for know when you give it your all. Of course, this comes from more than a report or work product, and includes your direct dealings with them in person, by phone or otherwise. Don’t you want people you work for or with to think you are all in?

If not, you should be questioning if you are in the right field or profession. It could be that something in your personal life is affecting you in your work or vice-versa. If so, you should meet issues and challenges head on because if not, nothing will change, and it could ruin relationships, your career or more.

So, are you all in?

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The 2015 version of why it is time for an annual “checkup” for you and your company

Last year, many of you probably read my blog regarding having a checkup for you and your business. This does not involve the doctor, but it does involve all the other professionals in your personal and business life. Since that time, I decided to make this topic an annual tradition. This is based in part on the range of feedback I received last year.

Some of you said “What a great idea. I am definitely going to do that.” Other said “Sounds like a good idea, maybe I will look into that.” Most of you were busy with the holidays and all that it entails, and probably ignored my advice. To be honest, any of these responses is okay and ignoring my advice may not have had detrimental effects to you or your business.

The point of the advice is that you only know what you know. If you do not check in with your professionals and, for example, make sure contracts or your estate plan remain enforceable and up-to-date, that is where the risk comes in. For example, I always check in with my accountant at the end of the year to ensure that all is right with taxes, i.e. to find out whether my wife sand I need to send the IRS a check before the end of the year.

This year I had a reminder of a different kind. My wife and I are having an issue with a vendor related to our home. In speaking with a client earlier this week who is in the same business, I learned that we have been over-charged for the last few years and likely will be able to lower the cost for the service in question. With the time constraints of life, it is sometimes hard for me to move beyond the higher-level checkup to things like home vendors, but it actually all is the same. Unfortunately, in our time-crunched world,  it expands the question of who to check in with at year end to possibly include shopping rates for vendors for your home or business too.

I know, I know, who has the time? None of us do, which is why the choices yours. Are your contracts up to date? Did you pay enough estimated taxes or withholding? Are you paying the cleaning service at your office or your lawn guy for your home too much? The choice of what professionals to consult, what costs to check or compare and what services to put out to bid is yours. Choose wisely!

And for those of you seeking a reminder or who did not see it last year, here is my blog post from last year on getting an annual checkup:

The end of the year is always a good time to take stock of where you are personally and professionally. This can be checking in with your personal accountant to make sure you have withheld/paid enough taxes during the year or planning for deductions to planning for large corporate expenditures on things such as upcoming projects, planned corporate initiatives or planned equipment purchases. But the one thing that is a constant is that we all should be doing this.

In the past I have mentioned why it is good to sit down with various professionals you or your company work with just to check-in, be they attorneys, accountants, insurance professionals, financial planners, investment professionals, etc. The list depends on you and your business.

This does not have to be a formal appointment unless you think that is appropriate depending on the nature of the planned conversation. Instead, it can be you offering to buy them lunch or a drink. The point is the better the professionals you work with know you, the more they are able to make recommendations aimed to benefit you or your company.

So don’t wait, start making plans today to meet with these people this year, or at least first thing next year. We all are busy this time of year, but if you take these actions it will help you now and in the future.

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Don’t Let Your Communication be an Illusion; Communicate to be Understood!

Communication is a singular important matter in all contacts between people. But it does not always happen in a way leading to understanding on the same level between the participants in the conversation. This is high-lighted by a quote that I like:

The single biggest problem in communication is the illusion that it has taken place – George Bernard Shaw

Do the people you communicate with understand what you are trying to convey? If you think so, how do you know? Odds are the communications are not as clear as you think.

That is because it takes more than just you speaking. It also takes the other person listening fully. And it takes the other person understanding what you said.

Think about yourself. When someone is speaking with you, are you listening or thinking about what you are going to say next. If you are thinking about what to say next, you are not listening fully. If so, it is likely you will miss something the other person wants you to know and understand.

Listening fully is challenging whether in person or on the phone. In person you may be able to tell someone is not understanding or listening to you based on their responses (or lack of responses!) and body language. How can you tell on the phone? Maybe by the response. Or do you hear typing or mouse clicks, signaling the person on the other end of the line is focused on something on their computer, not what you are saying.

So actual communication where both people listen and understand each other is hard. This is true in business and at home. You can ask questions to make sure the other person understands what you are saying. Or at home, you can ask your child to stop texting while the two of you talk! And, you should look at how you listen in live conversations or over the phone to make sure you are not missing anything.

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Why it is time for an annual “checkup” for you and your company

The end of the year is always a good time to take stock of where you are personally and professionally.  This can be checking in with your personal accountant to make sure you have withheld/paid enough taxes during the year or planning for deductions to planning for large corporate expenditures on things such as upcoming projects, planned corporate initiatives or planned equipment purchases.  But the one thing that is a constant is that we all should be doing this.

In the past I have mentioned why it is good to sit down with various professionals you or your company work with just to check-in, be they attorneys, accountants, insurance professionals, financial planners, investment professionals, etc.  The list depends on you and your business.

This does not have to be a formal appointment unless you think that is appropriate depending on the nature of the planned conversation. Instead, it can be you offering to buy them lunch or a drink.  The point is the better the professionals you work with know you, the more they are able to make recommendations aimed to benefit you or your company.

So don’t wait, start making plans today to meet with these people this year, or at least first thing next year. We all are busy this time of year, but if you take these actions it will help you now and in the future.

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Why you shouldn’t put your cell phone on the table at lunch or let it kill your creativity!

Putting your phone on the table at a meal sends the wrong message whether you are dining with someone you are looking to connect or network with, or when you are with your spouse or kids. It is the equivalent of telling whoever you are with that the people who text, email or call you are potentially and likely more important than they are.  If not, why would you leave open the possibility of having your phone interrupt the conversation and meal?

And yes, I acknowledge that phones and other devices have most of us hooked. We all are addicts. You know the feeling or thought: “Yes, I just checked for new emails and texts two minutes ago, but I may have missed one…I just can’t help myself.”

It really is all of us just filling any empty time by checking our phones or other devices. In the past we would have had to do things such as think, daydream, or stare out of the car window.  Now, I have a child who is a teen and barely knows directions because his face is buried in his phone anytime he is in a car.  Observing teens and their friends leads to the conclusion that they do not know how to enjoy a moment of quiet.

I have read what others think we should do. Don’t bring your phone into a business meeting. Turn off your phone at night. Makes rules about its use at the dinner table. Don’t check work email after a certain time. Great ideas, but hard to actually do.

That is why I am trying to follow my new, self-instituted rule of not placing my phone on the table when I am dining with someone.  It may seem like a small step, but you have to start somewhere.  And as a big believer in paying attention to those you are dining with, it definitely makes sense.

If any of you have ideas or rules that work and result in better face to face communication in your offices or homes, I would like to hear about them.

 

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Why you always must be prepared

In my world preparation is everything, whether for trial, a transaction, oral argument or the first meeting with a new client.  In your world there are equivalents where you can win or lose business based on your preparation or lack thereof.

I am heading into a trial in a few weeks and am in the process of preparing. While I think my client has a great chance of success at the trial based on the facts and evidence, I know that my level of preparation can greatly affect those chances and the ultimate outcome.  My goal always is to be as prepared as possible because it not only gives me the best chance for success, but also the best chance to not miss something that can help win the day.

In this situation with the trial my preparation is compensated, but in many situations I am preparing by spending my uncompensated time.  Why?  Because the more prepared you are the better the possible outcome.  If you think you are the only one your potential client, customer, etc. is speaking with, you are being naïve.  And even if they are not talking to someone else, the confidence you instill in them because of your preparation will give you a better opportunity to reach the outcome you seek.

Plus, it can turn those people into your cheerleaders too, which never hurts.

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Appearances Don’t Matter; Never Assume!

We all run into people who appear to be successful.  It can be how they carry themselves, the car they drive, the clothes they wear or the words they say.  Some are. Some aren’t.  Fake it till you make it, the saying goes.

Of course, some of the most successful people won’t look like many of us picture success.  How about Sam Walton driving a pickup truck his whole life despite starting what is arguably the biggest business in America, Walmart?  Or in your world, what about the mechanic with grease under his fingernails?  Maybe he owns a chain of garages. Maybe not. Maybe he owns one garage, but is successful enough to live comfortably or more and that business put his children through college.

That mechanic may be a great client for me or you. He may need help whether from a lawyer, accountant, financial planner, etc.  Maybe he needs your company to help with SEO and boost where he shows up on Google.

If you make assumptions based on appearances you may miss out on a great connection, client, or even making a new friend.  Of course it is not always so easy to know who to speak to first at an event or gathering.  It shouldn’t take too long to figure out whether the person you are speaking to is someone you want to know or not. Look for real substance and true success.

Try to choose wisely, or move on…

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We All Need To Try Something New

If you’re not successful, you’ve got to change something. Funny thing is that if you are successful it helps to change something. Trying something new is good for all of us. It could be regarding how you generate or create business. It could be how you organize your workspace. It could be stopping at the corner coffee shop in the morning and meeting your neighbors or other professionals and business owners.

Back to if you are not successful or are on a bad streak. The problem is you, but not in the way you think. Odds are it is not your work product. It is that you are stuck in routine and maybe with things that used to work. We are in a new world: post-recession, surrounded by technology twenty-four hours a day, sucked into interactions with or through machines that used to happen in person, or at least by phone. Change something.

One idea is to reconnect with people. I know people thirty and younger may be rolling their eyes, but life previously didn’t involve texting, Facebook and twitter. Make a list and call someone from that list each morning. All it takes is three to five minutes a day, but that personal touch means something. If not that, change something else, regularly.

Don’t let lack of success or success define you. Interact with people. For most of us, it is those people and their memory of you that will define us, not a witty tweet…

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