For the love of your business

Articles to LIFT Your Life and Business

Fund Your Startup With Zero-Percent Interest Loans Using Credit Card Stacking

Undoubtedly, many budding entrepreneurs have developed winning business concepts over the years, but have ultimately given up due to a perceived lack of funding. This may have even happened to you. Indeed, banks are primarily interested in lending to established companies. Dipping into personal savings or using home equity credit is much too high-risk for […]

Read More

The Basics of Venture Capital Financing

If you’ve come up with a great business idea, but don’t have the money to bring it to market, it may feel like you’re left with few funding options. Banks aren’t interested in loaning to startups that have yet to make any money, and most people don’t have family or friends who are wealthy enough […]

Read More

Can Bankruptcy Save Your Business?

If you’re struggling with debt, but don’t want to shut down your business, bankruptcy might be one way to save your company. While this may sound paradoxical, many big corporations— American Airlines, General Motors, and Kodak—have successfully used bankruptcy to restructure debt and get a fresh start. The main difference between you and a big […]

Read More

Do I qualify for a home office deduction from the IRS?

Q: I work full-time for an employer, but I also run a part-time side business out of my spare bedroom. Do I qualify for a home office deduction from the IRS? -Side Hustler A: Dear Hustler: The answer depends on a few factors, but provided it’s a legitimate business you’re consistently involved with, it’s likely […]

Read More

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 […]

Read More

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 […]

Read More

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 […]

Read More

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 […]

Read More

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 […]

Read More

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 […]

Read More

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 […]

Read More

Looking for a licensed Creative Business Lawyer®?