For the love of your business

Articles to LIFT Your Life and Business

Your Most Valuable Resource and How to Reclaim It Now

As a business owner, you likely spend most of your time thinking about money, profit margins and cash flow. But, your most valuable resource is actually your time and it’s time for you to invest a lot more of your energy using money, which is infinitely renewable, to free up what’s nonrenewable, your time, energy […]

Read More

7 Items That Should Be Included in Every Contract or Letter of Agreement

Whether you are creating a written contract or letter of agreement to formalize a business deal, there are certain items that must be included in order to minimize risk in case of litigation as well as clarify the terms of the business relationship. These include: Official Names of the Parties – Be sure to sign […]

Read More

10 Essential Questions to Ask Before Selecting a Business Entity

If you are starting a new company or have an unincorporated entity that has grown to the point where protection of your personal assets may be desired, the selection of the proper business entity can be critical to the future success of your business. There are 10 essential questions you need to ask as part […]

Read More

How to Improve Your Cash Flow with Good Invoicing Practices

Many business owners encounter cash flow problems at one time or another, primarily due to slow collection on past due invoices.  However, the way you invoice can help you avoid late payments.  Here are six tips to good billing practices: Identify each service or good being provided along with its cost. Be sure to include […]

Read More

How to Have an Office Holiday Party with No Legal Hangovers

Holiday parties that had fallen victim to the economic recession are now back at many offices across the country, and are a wonderful way to show your appreciation for your employees and their hard work during the year. However, business owners are also wary of hosting parties that could leave them with a legal hangover.  […]

Read More

How to Create a Bulletproof Independent Contractor Agreement

One of the most common issues facing small businesses is how to govern relationships with independent contractors (ICs). Which is not really surprising, since many small businesses use ICs to perform critical work functions like website development, marketing, bookkeeping and other important functions that keep your business functioning and growing. To protect your company’s future, […]

Read More

The Best Time to Update Your Employee Handbook is Right Now

If business owners realized the role a good employee handbook can play in protecting their company from employee litigation, keeping it up to date would be a bigger priority. Alas, many employers neglect these documents until a glaring error decides a case in an employee’s favor. Historically, employee handbooks were used primarily to educate employees […]

Read More

Asset Protection Strategies for Female Business Owners

Female-owned businesses are one of the fastest growing sectors of the U.S. economy, with the number of women-owned businesses doubling over the past 17 years, according to a recent Forbes article. Many women who run their own companies often do double-duty as CEOs of their families as well. The tendency for many is to leave […]

Read More

A Simple Way for Business Owners to Document Their Legal Agreements

Sometimes you just want to document your own agreements without consulting with a lawyer. Written agreements are binding documents that define the obligations of all parties involved in a specific project or for the sale of a good or service. Written agreements are necessary to provide a clear record of agreed upon terms. That way, […]

Read More

How to Properly Structure a Founder’s Agreement for Your New Venture

How to Properly Structure a Founder’s Agreement for Your New Venture We are a nation of entrepreneurs, but we are also living in a litigious society, so if you are starting a new venture and there are other founders involved, a founder’s agreement is essential to protecting your fledgling enterprise.  Here are some tips on […]

Read More

Are Your Suppliers Putting Your Business Security at Risk?

Retail giant Target suffered a massive data breach last December that eroded its reputation and its bottom line.  How did this happen?  Apparently, hackers gained access to Target’s IT infrastructure via a third-party HVAC contractor that was connected to their network. This security disaster illustrates the risk that many businesses face when contracting with third […]

Read More

Looking for a licensed Creative Business Lawyer®?