For the love of your business

Articles to LIFT Your Life and Business

4 Factors To Consider When Choosing a Business Entity—Part 2

When starting a business, you have to make a ton of different decisions. From deciding what to name your company to hire employees, getting your business off the ground comes with a nearly endless number of decisions. Of all these decisions, perhaps none is more important or has a more significant impact on your success […]

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4 Factors To Consider When Choosing a Business Entity—Part 1

When starting a business, you have to make a ton of decisions. Deciding what to name your company and hiring employees, what kind of products or services you should sell, and how to fund your operation, getting your business off the ground comes with a nearly endless number of decisions. Of all these decisions, perhaps […]

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Q&A Do I need to trademark my logo and company name?

Q: Do I need to trademark my logo if I’ve already trademarked my company name, and they’re used together? – Enquiring Entrepreneur ______________________________________________________________________________ A: Dear Enquiring: Registering your business’ name for a trademark with the United States Patent and Trademark Office (USPTO) provides protection for the name itself, but that protection doesn’t extend to your […]

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New Rules For Deducting Meal and Entertainment Expenses

Taking your clients out to dinner or to a sporting event can be a great way to get to know the people with whom you are doing business and help you develop a closer relationship. Plus, business-related meals and entertainment can be a legitimate business expense (with some exceptions) that you can deduct from your […]

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What’s In A Name? Frequently Asked Questions About Trademarks

When it comes to your company’s identity, nothing is more vital to your company than your name and logo. By developing a catchy name and snazzy logo for your business, you can quickly get your company recognized, remembered, and respected. Once you have come up with a winning name and logo, you will want to […]

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Safeguard Your Business From 3 Common Causes For Litigation

Each year, between 35% to 53% of small businesses in the U.S. are hit with a lawsuit, according to the Small Business Administration (SBA). With statistics like these, it may not be a matter of if your company will get sued, but when you will find yourself in a conflict that could result in a […]

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Use These Legal Agreements To Secure Your Intellectual Property 

Hiring independent contractors (ICs) can be an essential way to boost productivity and streamline your resources, especially during the startup phase, when you have limited access to capital and can’t afford to hire a full roster of employees. And even after your operation grows beyond its fledgling period, contractors are often vital for completing one-off […]

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How do nonprofits stay in business if they aren’t allowed to turn a profit?

Q: How do nonprofits stay in business if they aren’t allowed to turn a profit? —Wondering   A: Dear Wondering: The term “nonprofit” can be confusing. Nonprofits can and do earn a profit—they wouldn’t be able to survive otherwise. However, unlike for-profit businesses, nonprofits don’t distribute their profits to their members as personal income. Instead, […]

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Why You Should Create a Trust To Protect Your Business and Family

Although you can invest in many different types of insurance to protect your business from lawsuits and other liabilities, one of the greatest liabilities you simply can’t avoid, especially if you are the sole owner of your business, is your incapacity or death. To make certain that your business—and the income it generates for your […]

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4 Tips for Running a Business With Your Spouse—Without Ruining Your Marriage

Going into business with your spouse or romantic partner can be an amazing opportunity—but it can just as easily be an absolute nightmare. Regardless of how amazing your love life may be, there’s no guarantee you’ll be equally compatible in a working relationship. And if things don’t work out, it has the potential to wreck […]

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4 Business Lessons That You Don’t Have to Learn The Hard Way

Starting your own business can be both exciting and scary, and you are bound to make numerous mistakes along the way. But you’ll often discover that some of your biggest mistakes will later become your greatest strengths. This was exactly the case for Family Business Lawyer™ mentor, Ali Katz, who went from losing $1 million […]

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