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Articles to LIFT Your Life and Business

5 Legal Tips for Entrepreneurs

Are you thinking about launching a new business in 2014?  If so, you need to set the right legal foundation or risk costly consequences down the road.  Here are five legal tips for entrepreneurs: Find a legal adviser. The best time to have a business lawyer is when you’re just starting out.  He or she […]

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How to Protect and Defend Your Brand

Earlier this year, Microsoft was on the wrong end of an English court ruling that found the software giant had infringed on the trademark of British broadcasting company BSkyB with its SkyDrive cloud storage service.  Instead of appealing the ruling, Microsoft decided to rebrand the service. Before your company has a misstep with intellectual property […]

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5 Year-End Tax Planning Tips for Business Owners

December is the month that many business owners spend extra time winding down the year and planning for the new year.  Here are five year-end tax planning tips to prepare your business for 2014: Review subcontractor information. If you paid any subcontractor more than $600 during 2013, you are required to send each subcontractor a […]

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5 Steps to Protect Your Business From a Divorce

With the U.S. divorce rate at around 50% for first marriages and even higher for second marriages, a divorce’s impact on the fate of your business should be cause for concern.  The best thing that business owners can do is take preventive measures to ensure their companies will not suffer from a divorce – either […]

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How to Protect Your Intellectual Property

Beyond the products or services you offer, your company has intellectual property that needs to be rigorously protected.  Too often, business owners and entrepreneurs neglect to put the proper safeguards in place, which can lead to big legal expenses down the road. Here are 6 costly IP mistakes you need to avoid to protect your […]

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Lessons on Business Succession from the British Royals

The recent birth of Prince George Alexander Louis to Prince William and Kate Middleton gives the House of Windsor a living 4th generation heir to the throne.  Prince George will undoubtedly need to wait for 60 or more years until he ascends to that throne, given the longevity that runs in his bloodline.  His grandfather, […]

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10 Legal Myths That Could Endanger Your Business

Inc. magazine recently wrote an article that made me realize many business people are flying blind about the legal parts of business.  These are all places you could get in trouble, if you aren’t awake, aware and doing business with your eyes wide open. Personal assets are protected by the right business entity.  Choosing a […]

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How to Conduct the Perfect Interview

Savvy business owners know that there are few legal landmines they need to side-step when interviewing candidates for a job.  Sometimes, though, even the best get caught with their proverbial foot in the mouth by asking a question that to them seems innocent enough but could land the company in legal hot water. Here are […]

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How to Discipline or Fire Employees the Right Way

Disciplining and/or firing an employee is one of the most dreaded tasks for CEOs and small business owners.  Sometimes the trauma of termination can be just as bad for the boss as it is for the employee.  But in this litigious society, bosses need to take extra care when disciplining or firing an employee to […]

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Litigation Over Noncompete Agreements Up 61%

According to the Wall Street Journal, litigation over noncompete agreements has risen 61%in the past decade – a number that may be low considering most cases are settled out of court and not reported. Long considered the standard for senior management employment contracts, noncompetes are becoming increasingly common at all levels of employment as a […]

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New SBA Rule Provides Added Protection for Subcontractors

A new Small Business Administration rule implementing part of the Small Business Jobs Act of 2010 provides more protection for subcontractors in their dealings with primary contractors, according to a Washington Post report. The rule, which goes into effect in mid-August, requires a prime contractor to notify the contracting agency if it decides not to […]

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