For the love of your business

Articles to LIFT Your Life and Business

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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Thinking About Starting a Nonprofit? Here’s What You Should Know—Part 1

Starting a nonprofit organization can be a great way to give back to your community, while working for a cause you are passionate about. That said, if you are starting a nonprofit simply to avoid some of the more unsavory aspects of running a business, you should seriously reconsider. As the founder of a nonprofit, […]

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Securing Funding For Your Business: Equity vs Debt Investments

As you grow your company, you may discover that it’s time to move beyond leveraging your personal credit to fund your business, whether through business or personal credit cards, and look for outside investors or lenders. When it comes to securing funding for your business, you must first decide what form of investment is right […]

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The Ins and Outs of Incorporating Your Business Outside Your Home State

It’s a popular myth that it’s always best to incorporate your business in a business-friendly state, like Delaware, Wyoming, or Nevada in order to save on taxes, benefit from increased privacy, and possibly have an easier time raising capital. However, for many businesses, incorporating in these states is completely unnecessary—and it may even cost your […]

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4 Warning Signs When Choosing a Trademark Registration Service—Part 2

When launching a new business, one of your first priorities should be to secure the appropriate legal protection for your company’s intellectual property (IP). Depending on the type of IP involved, this can require securing patents, trademarks, and/or copyrights. Among the very first IP elements you’ll want to protect is your company’s brand name and […]

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4 Warning Signs When Choosing a Trademark Registration Service—Part 1

When launching a new business, one of your first priorities should be to secure the appropriate legal protection for your company’s intellectual property (IP). Depending on the type of IP involved, this can require securing patents, trademarks, and/or copyrights. Among the very first IP elements you’ll want to protect is your company’s brand name and […]

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3 Steps For Choosing The Right Business Insurance For Your Startup—Part 2

When launching a new business, it’s crucial that you put the right insurance in place. In addition to having the correct legal entity set up, insurance is the primary way to protect your personal assets from the activities of your business. Without the right insurance—or with too little of the insurance you do need—you could […]

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3 Steps For Choosing The Right Business Insurance For Your Startup—Part 1

When launching a new business, it’s crucial that you get the right insurance in place for your company. In addition to having the correct legal entity set up, insurance is the primary way to protect your personal assets from the activities of your business. Without the right insurance—or with too little of the insurance you […]

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5 Best Tips For Starting Your Own Business

People start their own businesses for all sorts of reasons. Sometimes it’s a lifelong dream. Sometimes it’s a desire to have more control over one’s time and money. Sometimes it’s just old-fashioned necessity, like if you’ve been laid off from your job and are having trouble finding a new one in your field. But if […]

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5 Ways Startups Can Improve Cash-Flow Management

Although cash is the lifeblood that sustains every business, far too many entrepreneurs don’t have a proper handle on their cash flow. And this is despite the fact that statistics consistently show that running out of money is one of the primary reasons startups fold. Trying to run a business without meticulously managing your cash […]

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5 Reasons You Need Standard Operating Procedures

Standard operating procedures (SOPs) are detailed instructions describing the procedures for carrying out recurring business tasks. At first, creating SOPs for your company’s processes might not seem very important. After all, if it’s just you and a couple other people doing all the work, creating step-by-step instructions for each key task might seem like a […]

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