For the love of your business

Articles to LIFT Your Life and Business

Avoid Business Litigation With These Six Steps

Business litigation is an expensive use of both time and money and should be avoided whenever possible. Even the most favorable of settlements can cost a business months—if not years—of productivity and focus. To avoid the high costs of litigation, follow these six preventive steps:   Don’t skimp on contracts. Instead of spending a fortune […]

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Ten Common Money Pits Even Brilliant Entrepreneurs Fall Into

If you’re relying on your top line to grow your wealth, you could be missing out on easy opportunities to save money and improve profits, independent of your revenue. Many entrepreneurs waste precious time and money by falling prey to these common mistakes. However, there is no need to sacrifice, work harder, or take on […]

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How To Be Successful At Business Succession

Entrepreneurship is not for everyone. Only a certain type of person has the particular set of skills, and is willing to take calculated risks and work tirelessly to build a successful business from scratch. One risk you should never take is leaving the future of your business to chance. As you grow your company, consider […]

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How can a PLLC protect my business?

______________________________________________________________________________ Q: How can a PLLC protect my business? –Professional Entrepreneur A: Dear Professional: Deciding how to form your business entity requires finding the formation that provides you with maximum benefits and minimal investment. For licensed professionals, a PLLC (Professional Limited Liability Corporation) structure can provide many advantages while limiting your liability. Typically, any business that requires you to […]

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Brand or Bust? Why Branding Is Essential to the Longevity of Your Business

A strong, identifiable brand is an invaluable asset to any company. Many businesses can reap major rewards by building a brand image that accurately reflects the strength of the company. And in today’s business world, branding is necessary for businesses looking for longevity and growth. So, what do small businesses need to know about branding […]

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What to do When Your Business is Out of Bounds and Work Starts to Take Over

In the digital era when you can be reached 24/7 through smartphones and social media, it can be more difficult to set firm boundaries that support your wellbeing and the productivity of your business. When you find yourself frustrated, resentful, or feeling obligated to respond to tweets, FB messages and emails at all hours of […]

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Writing Off Start-Up Costs

One of the biggest benefits of owning your own business is being able to write off certain expenses to lower your annual income tax liability. When done right, writing off business expenses, especially when they are investments in things or experiences you would invest in even if you did not have your business, is a […]

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Mentorship Matters: How to Learn From Leadership

Mentoring can play a significant role in the success of any entrepreneur. Mentoring takes vision, dedication, and respect, all vital attributes for a mentor to attain in order to contribute positively to the growth of a mentee.  Let’s look at a few things you can do to mentor up and coming entrepreneurs and how these […]

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The Foolproof Training Method to Expand Your Business

One of the most critical components to building a company, as opposed to a solo practice, or even a business where you are managing everyone and everything, is to learn to step into your full leadership. A primary key to that leadership is your ability to train your team so that you can confidently delegate […]

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What Are the Tax Pros and Cons of LLCs?

Q: What Are the Tax Pros and Cons of LLCs? –Strategic Business Owner A: Dear Strategic: LLCs, or “Limited Liability Companies,” bridge the gap between sole proprietorships and traditional corporations, meeting an unmet need in today’s dynamic small business world. LLCs appeal to business owners because they combine the liability protection of a corporation with the tax advantages of […]

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Women Leaders in Business: The Bottom Line

Do women have it tougher than men in the corporate world? Many signs point to yes, but a 2015 report released by New York analytics firm MSCI suggests companies with strong female leadership show greater returns on equity than those without. The report found companies with strong female leadership held a 2.7% return on equity […]

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