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Articles to LIFT Your Life and Business

5 Steps to Preserve the Liability Protection of Your LLC or Corporation

Business owners concerned about protecting their personal assets from business liabilities often choose to operate their companies as a Limited Liability Company (LLC) or Corporation (usually as an S-Corporation), since these business structures provide what is known as a “liability shield”. However, a court can dissolve this liability shield if the proper steps are not […]

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Legal Tips for Crafting Non-Disclosure Agreements

The employment landscape has changed over the last few years and many small and mid-size companies today operate with outside help – contractors or freelancers who perform important tasks but who are not full time employees on your payroll, or even third party companies who consult on a new product or service. While companies that […]

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The 4 Legal Business Agreements Every Business Owner Needs

One of the most common questions business owners want to know is what kind of legal agreements they need.  And while the answer to this question depends a lot on what kind of business you operate, there are four key legal agreements that virtually every business owner will need to protect and operate their business […]

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5 Legal Tips for Entrepreneurs

Are you thinking about launching a new business in 2014?  If so, you need to set the right legal foundation or risk costly consequences down the road.  Here are five legal tips for entrepreneurs: Find a legal adviser. The best time to have a business lawyer is when you’re just starting out.  He or she […]

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How to Protect and Defend Your Brand

Earlier this year, Microsoft was on the wrong end of an English court ruling that found the software giant had infringed on the trademark of British broadcasting company BSkyB with its SkyDrive cloud storage service.  Instead of appealing the ruling, Microsoft decided to rebrand the service. Before your company has a misstep with intellectual property […]

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5 Year-End Tax Planning Tips for Business Owners

December is the month that many business owners spend extra time winding down the year and planning for the new year.  Here are five year-end tax planning tips to prepare your business for 2014: Review subcontractor information. If you paid any subcontractor more than $600 during 2013, you are required to send each subcontractor a […]

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5 Steps to Protect Your Business From a Divorce

With the U.S. divorce rate at around 50% for first marriages and even higher for second marriages, a divorce’s impact on the fate of your business should be cause for concern.  The best thing that business owners can do is take preventive measures to ensure their companies will not suffer from a divorce – either […]

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How to Protect Your Intellectual Property

Beyond the products or services you offer, your company has intellectual property that needs to be rigorously protected.  Too often, business owners and entrepreneurs neglect to put the proper safeguards in place, which can lead to big legal expenses down the road. Here are 6 costly IP mistakes you need to avoid to protect your […]

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Lessons on Business Succession from the British Royals

The recent birth of Prince George Alexander Louis to Prince William and Kate Middleton gives the House of Windsor a living 4th generation heir to the throne.  Prince George will undoubtedly need to wait for 60 or more years until he ascends to that throne, given the longevity that runs in his bloodline.  His grandfather, […]

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10 Legal Myths That Could Endanger Your Business

Inc. magazine recently wrote an article that made me realize many business people are flying blind about the legal parts of business.  These are all places you could get in trouble, if you aren’t awake, aware and doing business with your eyes wide open. Personal assets are protected by the right business entity.  Choosing a […]

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How to Conduct the Perfect Interview

Savvy business owners know that there are few legal landmines they need to side-step when interviewing candidates for a job.  Sometimes, though, even the best get caught with their proverbial foot in the mouth by asking a question that to them seems innocent enough but could land the company in legal hot water. Here are […]

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