For the love of your business

Articles to LIFT Your Life and Business

Rupert Murdoch Divorce Wake Up Call for Business Owners

Rupert Murdoch, the 82-year-old media mogul worth over $11 billion, has filed for divorce from his third wife, Wendi Deng, in New York.  Legal experts say that he has chosen the venue for his filing wisely, as New York courts are more likely to uphold a prenuptial agreement than those in his native Australia or […]

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When Do You Need to Be Considering Your Business Agreements?

If you are running your own business and not looking at agreements regularly, it’s likely you are overlooking an important piece of your business and taking unnecessary risks.  The truth is that you do not need to have written agreements to have a valid agreement, but it sure does help when there is a dispute […]

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Protecting Your Small Business from Cybercrime

The Association of Certified Fraud Examiners has reported that companies with fewer than 100 employees lost an average of $155,000 annually as a result of fraud, identity theft and cybercrime.  Here are some tips for protecting your small business from becoming a victim: Protect bank accounts and credit cards.  First, be sure that your personal […]

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How to Make Sure Your Business Gets Paid and Doesn’t Get Stiffed by Customers

Sooner or later, you are going to have a client who doesn’t pay you for services or products provided.  Customers who do not pay are a fact of life for every business, so what are your alternatives?  Here are some options: In-house collections – Designate someone in your firm to contact the buyer personally to […]

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Protecting Your Business From Personal Legal Liabilities

Most small business owners are aware of the importance of protecting their personal assets from business liabilities.  However, the reverse is just as necessary – protecting your business assets from personal legal troubles. For example, if you are at fault in a serious auto accident that injures someone and you own a business, the assets […]

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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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10 Legal Tips for Starting Your Own Business

Whether the result of the recent recession or the desire by baby boomers to embark on a new professional path, new business startups are growing fast.  Here are 10 legal tips for entrepreneurs who are striking out on their own for the first time: Choose the right entity.  Decide if you will be operating your […]

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