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Articles to LIFT Your Life and Business

The 4 Fatal Legal Mistakes Family Businesses Can Avoid With Planning

Anyone involved in a family business knows that working with family has its pleasures and its pitfalls –incurring these legal pitfalls can prove deadly to your family business, so here’s how to fix them: Mixing family & business finances. Unfortunately, we live in a litigious society, so as soon as your family business is up […]

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The Family Business: Avoid These 4 Lethal Legal Mistakes

If you operate a family-owned business, or are considering starting one up, there are four potentially lethal legal mistakes you should take care to avoid, including: No employment agreements.  Family members who work together are usually hesitant to confront one another if someone isn’t pulling their weight.  Having an employment agreement for everyone ensures that […]

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3 Legal Tools to Help You Protect Your Business Idea

Your ideas aren’t worth anything if you don’t get them out there into the world. I come across a lot of entrepreneurs who are afraid that if they talk about their idea, it’ll get stolen and so they keep it under wraps and don’t capitalize on it. Here are three legal tools you can use […]

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A Guide to the Disposition of Your Digital Assets Final

On April 11, Google introduced its Inactive Account Manager, which allows users to make a choice to either delete their data after a pre-determined length of account inactivity or to name heirs for the data from some of its most popular services, including +1s; Blogger; Contacts and Circles; Drive; Gmail; Google+ Profiles, Pages and Streams; […]

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Is That a Real Employee or a Common-Law Employee?

The IRS and the Department of Labor are cracking down on businesses that use contractors but treat them like real employees – or, as the IRS calls them, “common-law employees.”  Before you misclassify that contractor, ask yourself these 5 questions: Do you control the work? If you direct how and where and at what time […]

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How Small Business Owners Can Avoid Lawsuits

A recent Inc. article authored by entrepreneur Kevin Daum brought to light one of the most prevalent questions asked by business owners: “How can I avoid being sued?” Although it may seen counterintuitive at first glance, the job of a Creative Business Lawyer™ is to help clients avoid litigation, so one of the best (and […]

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The 4 Deadly Legal Mistakes Small Business Owners Need to Avoid

Small businesses dominate the American business landscape, but those that survive several generations are relatively rare.  If you are a small business owner, you need to be sure you are not committing any of these four deadly legal mistakes: Mixing personal and business finances. If your small business started as a hobby or a side […]

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How to Prepare for the Sale of Your Small Business

If you’ve made the decision to sell your small business, there are a number of things you will need to do in addition to consulting with a Creative Business Lawyer® to ensure the process goes smoothly: Set a realistic price.  Coming up with a realistic price for your business will entail some research.  Look at […]

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Mistakes to Avoid When Selling Your Business

Baby boomers are the most entrepreneurial generation, with much of their personal wealth tied up in the businesses they own.  This makes it more important than ever for boomers to undertake some business estate planning for when it’s time to transition into retirement.  Experts caution business owners to avoid these common mistakes when preparing to […]

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