For the love of your business

Articles to LIFT Your Life and Business

Trade Secret Law Reform: The Basics

Many businesses maintain an industry advantage through control and utilization of trade secrets. Be it a formula, a design, or a process, trade secrets can provide advantages over the competition. Not surprisingly, trade secret misappropriation is a serious concern for many businesses. Until recently, it’s been state law at the forefront of regulating and protecting […]

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Insurance Considerations for Small Businesses

Opening a small business brings excitement as well as uncertainty. As a small business owner you face many risks, but there are steps you can take to protect yourself against them. Obtaining insurance coverage is one big way you can protect your small business and help minimize many of the risks you face. The kinds […]

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Do I need to be worried about where my company might be sued?

Q:     Do I need to be worried about where my company might be sued? –Fretful Business Owner A:      Dear Fretful: As a business owner, you are smart to anticipate potential problems, and thinking about where your company might be sued (or, for that matter, where you might bring a lawsuit) is wise. Generally, […]

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What Happens to Your Business Facebook Page if You Die?

UPDATE: Since this was first written, Facebook has changed it’s process for creating Business Pages. An updated article on this topic can be found at “What Happens to Your Company’s Facebook Page When You Die?” If your business is on Facebook, you may wonder what happens to your Facebook page in the event of your […]

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Can a Married Employee Name a 401(k) Beneficiary Other than a Spouse?

It can be very difficult for you, as an employer to manage a 401(k) retirement plan for your employees properly. Federal law is replete with mandates, including when employee funds must be remitted and statements made available to employees. One area you may not have considered is how to handle a married employee’s 401(k). Federal […]

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Tax Lessons for Your Business, Courtesy of the Clintons!

In anticipation of the election and in response to public demand, Hillary and Bill Clinton have released their 2015 federal tax return. Tax returns have been a hot topic this year, as candidate Donald Trump continues to refuse to release his tax returns. What can you learn from reviewing the Clinton’s tax returns about how […]

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How Do You Apply for Copyright Protection?

Some businesses rely on their ability to create and sell or otherwise leverage their original works. Obtaining a copyright for those works is not just important, it can actually make or break the business by allowing the owner to pursue copyright violations aggressively. Getting a copyright is not difficult. It just takes a little time […]

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How can I deal with wrongful information on my credit report?

Q:     How can I deal with wrongful information on my credit report? –Angry Entrepreneur A:      Dear Angry: The good news is that you are regularly checking your credit report. Keeping your credit score healthy so you can access capital when you need it is extremely valuable for your business. It’s easy to become […]

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Strategy Inside: Now is the Time to Plan to Reduce Your 2017 Tax Bill

While it’s only October or November when you are reading this, now is the time to plan to reduce your tax bill for 2017. By December, it’ll likely be too late. And by the time January comes around, you will have likely missed out on your best tax saving opportunities. So, how can you best […]

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Steps You Can Take Tomorrow to Become More Productive In Your Business

The daily grind can be a real challenge. It can be difficult to stay motivated at work and focused on the right things, particularly when financial times are hard or deadlines are compressed and the pull of social media can be so strong. Taking a step back and reorienting yourself regularly can help increase your […]

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Drone Use in Business: What’s Likely and Legal?

In June, the Federal Aviation Administration (FAA) released its operational rules for the commercial use of drones, also known as unmanned aircraft (UAS). These rules provide clarity for businesses who may be contemplating the use of drones for commercial purposes. Perhaps the most well-publicized intended use for drones came from Amazon, the online retail giant. […]

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