Mitigating Legal Risks to Safeguard Your Cash Flow with Matthew Fornaro

Getting to the Bottom Line: Conversations to help business owners maximize revenue, profit, and cash flow

Getting to the Bottom Line, Episode 07: Mitigating Legal Risks to Safeguard Your Cash Flow with Matthew Fornaro
Unlock the secrets to bulletproofing your business operations with our latest episode featuring Matthew Fornaro, a veteran business law attorney from South Florida. Discover how having a tailored legal strategy can save your business from costly mistakes and learn about the crucial roles your accountant, banker, and lawyer play in safeguarding your enterprise. Matthew shares eye-opening real-life stories, like the plight of a client who faced severe legal troubles from using generic online employment contracts. You’ll get actionable advice on why investing in customized legal documents is not just smart, but essential for your business's health.
We also shine a spotlight on the importance of keeping your personal and business finances separate. Gain insights into the necessities of proper business documentation, compliance with state and federal regulations, and the criticality of correctly filed paperwork and taxes. Whether you're a budding entrepreneur or a seasoned business owner, you’ll find invaluable tips on how to formalize your operations and sustain compliance. Plus, learn about the benefits of conducting periodic audits to ensure your business remains on a solid legal footing, protecting both your assets and peace of mind.
To learn more about my guest, Matthew Fornaro, visit him online at https://fornarolegal.com/
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My name is Stephanie Smith, owner of New Light Financial Solutions, and we help business owners stay on the one clear path to generating more cash flow in their business. To learn more, visit us online at https://newlightfs.com/
Need help generating more cash in your business? Book a right fit call with us today: https://newlightfs.com/#rightfit
Interested in being on the show? Complete this form: https://newlightfs.com/#podcast-speaker

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Chương

1. Business Legal Needs and Mistakes (00:00:00)

2. Business Compliance and Protection (00:11:09)