For the love of your business

Articles to LIFT Your Life and Business

Protect Your Intellectual Property with Work for Hire Clauses

Rather than hiring full-time employees, you may choose to use independent contractors (IC) to handle the bulk of your creative tasks, such as art, logo design, photography, and content writing. For sure, working with ICs can save your company quite a bit of money, because unlike with W-2 employees, you’re not required to pay your […]

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6 Benefits of Adding Cryptocurrency as a Payment Option For Your Business

Within less than 10 years, cryptocurrency has evolved from a shadowy world ruled by high-risk speculation and dark-web devotees to one of the hottest trends in both investment and business. And the technology behind digital currency, known as blockchain, is itself experiencing booming popularity. Indeed, blockchain is heralded by some as the most significant technological […]

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What Small Business Owners Should Know About Embezzlement

If you own a small company where you personally know and interact with everyone who works for you, it can be hard to fathom that one of those people would ever steal from you. But the fact is, embezzlement happens all the time, even at small, family-owned businesses. Indeed, according to a 2017 study on […]

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Business Booster or Big Brother—the Ins and Outs of Employee Monitoring Systems

Today’s high-tech digital landscape is both a boon and a bane to business owners. The proliferation of apps, mobile devices, and software has improved business productivity like nothing before. At the same time, however, this technology has also spawned countless digital distractions that can turn those productivity gains into losses, especially if they steal the […]

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I plan to retire in five years and let my daughter run my business. How can I best prepare her to take over?

Q: I plan to retire in five years and let my daughter run my business. How can I best prepare her to take over? -Proud Papa A: Dear Proud: Handing the reins of control to a successor is among the most critical tasks business owners face. Yet many put off—or totally ignore—succession planning, which can […]

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Gain Instant Recognition, Respect, and Reputation With a Killer Logo

When launching a startup, one of your most pressing matters is getting your company’s name and identity out there—and having people remember it. But in many industries, getting your business recognized among a sea of competitors can be a daunting task. Like it or not, your company’s success and failure could be largely a matter […]

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What Business Owners Should Know About Pre-Employment Credit Checks

In addition to checking professional references, conducting interviews, and running criminal background checks, many business owners also conduct credit checks on potential new hires to assess their suitability for the job. Such screening is obviously important for hiring high-level positions or those directly involved with handling money and/or making fiduciary decisions. But starting a couple […]

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3 Critical But Often-Overlooked Metrics Businesses Should Track

As a business owner, you’re likely monitoring a number of key performance indicators (KPI) to determine how well your company is doing. And if you’re launching a new business, you’ve undoubtedly heard about the importance of KPIs. Whether related to your financials, advertising, turnover, and/or website traffic, these metrics can be a great way to […]

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Tips for Increasing a Small Business’ Online Presence

In today’s digital-everything world, nearly every business—no matter how small—has some degree of online presence. Some, like e-commerce shops, may operate completely online, while even brick and mortar businesses likely have a website and Facebook account. However, unless you’re an online-marketing guru, building your business’ online presence can be challenging. Here we’ll offer valuable tips […]

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The GDPR—What It Is, Who It Impacts, and How to Comply

Like everyone else, you’ve probably been getting a ton of emails and online notices announcing that companies are updating their privacy policies and/or website tracking tools. Although businesses do this from time to time as part of routine updates, practically all of the latest notices are aimed at complying with a new European Union (EU) […]

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Should I get a business credit card?

Q: Should I get a business credit card? -Wondering A: Dear Wondering: Business credit cards come with numerous advantages, along with significant risks. But when used wisely, these cards can be a valuable source of short-term investment capital. Advantages of business cards include high credit limits of $50,000+ and rewards like airline miles, gas rebates, […]

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