For the love of your business

Articles to LIFT Your Life and Business

5 Types of Insurance Every Business Should Have in Place

Before you open your business, it’s imperative to have proper insurance coverage. A single lawsuit or catastrophic event can wipe out a company before it even has a chance to get off the ground. That said, there are many types of insurance out there, and some policies can be extraordinarily expensive, so it’s critical to […]

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4 Intellectual Property Myths Business Owners Should Be Aware Of

Many small business owners fail to realize just how valuable their intellectual property is. But the fact is, intellectual property (IP) makes up between 40% to 90% of the total value of some companies, according valuation experts. Given this, it’s extremely important that these assets are well protected if you have them—and you probably do, […]

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The Top Stressors of Business Ownership and How to Manage Them (Without Freaking Out)

There are many reasons people decide to start their own business: to be your own boss, set your own hours, control the people and projects you work with. Yet the reality of business ownership isn’t quite as rosy—it’s one of the most stressful endeavors you’ll ever undertake. While running your own company will inevitably have […]

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For Maximum Success, Make Hardship and Change Your Business Partner

“Everything happens for a reason.” Even if you firmly believe in this quote, it can still be annoying when people say this in the aftermath of a particularly distressing hardship. When the business you worked so hard to build goes into bankruptcy or you find yourself caught in the trap of a huge conflict you […]

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Litigation vs. Arbitration: Know Your Strategy

Civil disputes between two parties can be settled in litigation (i.e., court) or through arbitration. The two processes are quite different, so thoroughly understanding them both is essential when facing a business conflict. Going to Court In litigation, two parties resolve their conflict in court with the assistance of a judge and/or jury. Litigation is […]

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Is Your Business Facing Any of These Legal Landmines?

The potential for costly errors when managing your workforce is high, but unnecessary if the proper planning is put into place from the start. To make the most of your role as an employer, make sure you understand the following common mistakes and how to avoid them. At-Will Employment Misunderstandings At-will employment is a concept […]

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Weathering the Storms: Partnering for Preparedness

As we all know, natural disasters such as the onslaught of hurricanes that hit the Gulf Coast recently can devastate communities, shutting down business operations and throwing entire communities into survival mode. Preparedness is key when it comes to weathering storms large and small, but many small businesses don’t know where to start when devising […]

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How to Find the Right Liability Insurance Policy for Your Business

Liability insurance is a valuable form of protection needed by most businesses. Choosing the right policy for your business can be tricky, so it’s important to understand what liability insurance covers before you make the investment. If you get sued for personal injury or property damage, general liability insurance will cover the cost of counsel […]

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New Business Owner? Avoid These Common Startup Mistakes

The startup life can be exciting and for many the learning curve is huge. In the midst of growth and opportunity, many entrepreneurs make costly legal mistakes which can be easily avoided with the proper preparation. Here are some of the most common legal missteps made by businesses in the startup phase: Not Drafting a […]

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Promoting Your Business on Social Media? How to Protect Your Reputation Online

Social media as a marketing tool can be a blessing and a curse when it comes to building your business reputation. Friends, followers, and likes on social media platforms such as LinkedIn, Facebook, and Instagram can help your business gain raving fans with a tap or a click. Not only can you easily gauge the […]

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Small Business Financing at the End of the Brick and Mortar Era

As more banks close local branches and eschew brick and mortar growth, small businesses face uncertain times. With fewer branches in which to form trusted financial relationships, business owners often must rely on online banking for everyday needs. This poses a problem for small business owners who previously benefited from personal relationships with bankers when […]

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