For the love of your business

Articles to LIFT Your Life and Business

4 Tips For Achieving Sustainable Revenue in an Unpredictable Economy

The year 2020 has been extremely challenging for most entrepreneurs. The COVID-19 pandemic and economic downturn have seriously disrupted some businesses and completely shuttered others. And at this point, it doesn’t appear like things are going to go back to normal anytime soon. In light of this ongoing uncertainty and turmoil, you may need to […]

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How to Pay Yourself as the Owner of an LLC

One of the most exciting parts of owning a business is that you get to pay yourself. No longer forced to rely on someone else’s leadership to keep your company running or their good graces to pay you what you want or need, you get to decide how much you earn, how much you work, […]

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Is an Operating Agreement the Same As Bylaws?

Q: Is an Operating Agreement the Same As Bylaws? – Curious A: Dear Curious, Bylaws are internal documents that govern a corporation, and operating agreements break down an LLC’s operating procedures. Operating procedures in the corporate bylaws lay out specific rules for members executives, employees, and shareholders. They typically include contact information for the corporation, […]

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Insurance Coverage You Might Not Know You Need

When you are just starting your business, it’s easy to lose sight of just how many potential risks your company faces. Yet a single catastrophic event, accident, or lawsuit can wipe out your company before it even has the chance to get off the ground. What’s more, as we’ve seen with the events of 2020, […]

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4 Essential Asset Protection Strategies for Entrepreneurs—Part 2

In the first part of this series, we discussed different strategies entrepreneurs can use to protect their business and personal assets. Here, we’ll look at two final ways entrepreneurs can achieve asset protection. No matter what line of business you are in, the reality of being a successful entrepreneur is that you open yourself up […]

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4 Essential Asset Protection Strategies for Entrepreneurs—Part 1

No matter what line of business you are in, the reality of being a successful entrepreneur is that you open yourself up to a number of unique risks—and the more successful you get, the more risks you face. Asset protection planning is intended to reduce or eliminate the risks of being in business by shielding […]

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8 Advantages of Federally Registering Your Trademark

Given that intellectual property (IP) can make up a significant portion—sometimes up to 90%—of the total value of today’s companies, it’s essential that you do everything you can to protect these intangible assets. And one of the first IP elements you’ll want to protect are your company’s brand name and logo. To safeguard these brand […]

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EEOC Says Employers Can’t Require Employees to Take COVID Antibody Tests

As businesses across the country continue to grapple with how to safely reopen during the COVID-19 pandemic, the Equal Employment Opportunity Commission (EEOC) recently advised employers that requiring mandatory antibody tests for employees before returning to work violates the Americans with Disabilities Act (ADA). The EEOC issued its new guidance on antibody tests on June […]

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My Trademark Is Being Infringed Outside of the United States: What Should I Do?

Q:My Trademark Is Being Infringed Outside of the United States: What Should I Do? – Infringed On A:Dear Infringed On, Before you take any action, take a breath and ask yourself this question—how will this infringement actually affect your business? Taking on international infringement takes time, money, and energy. If the company does most of […]

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Scared To Take the EIDL Money and Use It Wisely?

A couple of weeks ago, I covered making the choice to accept Emergency Injury Disaster Loan (EIDL) money, and got into some of the nuts and bolts of what that might mean for your business. If you’ve been offered EIDL money, you might still be on the fence about it. Maybe you’re scared that, if […]

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How (and Why) to Keep Your Corporate Records Up to Date

First of all, a quick reminder: July 15th is this year’s due date for federal taxes, pushed back from April 15th due to the upheavals caused by the coronavirus, so get in action now, if you are not already, to get your taxes prepared and filed. Today we’re talking about the importance of keeping meticulous […]

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