For the love of your business

Articles to LIFT Your Life and Business

7 LIFT (Legal, Insurance, Financial and Tax) Prerequisites for Starting A New Business

As lenders ease credit conditions following the Great Recession, new business formation in the U.S. is on the rise. If you are starting a business in 2015, be sure you pay attention to the following prerequisites: Discuss with legal counsel which corporate structure is best for your business: sole proprietorship, partnership, corporation (C or S), […]

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Legal Considerations for Launching a Home-Based Business

According to the U.S. Small Business Administration, more than half of small business startups in the last 10 years have been home-based.  Whether you are contemplating setting up shop at home as a consultant, a baker or a handy man, there are certain legalities that need to be considered to ensure you have protected yourself […]

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The Importance of Adhering to a Franchise Agreement

These days, many people are reinventing their work lives by investing in a franchise.  Franchises offer the benefit of a proven business model, making them attractive to new business owners who seek to manage risk and protect their investment. However, franchise agreements are not forever and there are circumstances when a franchise owner chooses — […]

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3 Reasons Why DIY Legal Documents Won’t Work for Your Business

It’s pretty amazing to think of all the things we do online today that would have been unthinkable just a few years ago.  But just because you can do something online doesn’t necessarily mean you should.  And that certainly applies to fulfilling your company’s legal needs. Here are three reasons why do-it-yourself legal documents won’t […]

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7 Items That Should Be Included in Every Contract or Letter of Agreement

Whether you are creating a written contract or letter of agreement to formalize a business deal, there are certain items that must be included in order to minimize risk in case of litigation as well as clarify the terms of the business relationship. These include: Official Names of the Parties – Be sure to sign […]

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10 Essential Questions to Ask Before Selecting a Business Entity

If you are starting a new company or have an unincorporated entity that has grown to the point where protection of your personal assets may be desired, the selection of the proper business entity can be critical to the future success of your business. There are 10 essential questions you need to ask as part […]

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Can Emails be Considered Enforceable Contracts

It is a common misconception that oral contracts are not enforceable. It is true that certain agreements must be in writing to be enforceable. For example, the statute of frauds requires agreements involving real property, marriage, performance over multiple years and the sale of goods over $500 to be in writing. If an oral agreement […]

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How to Improve Your Cash Flow with Good Invoicing Practices

Many business owners encounter cash flow problems at one time or another, primarily due to slow collection on past due invoices.  However, the way you invoice can help you avoid late payments.  Here are six tips to good billing practices: Identify each service or good being provided along with its cost. Be sure to include […]

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Guidelines for Boomers Starting a New Business

Boomers are now the fastest growing segment of new entrepreneurs, according to the Kauffman Index of Entrepreneurial Activity. This is not really surprising since most boomers have the skills acquired from decades of work that are needed to start a business, and have a network in place to help them succeed. Here are some tips […]

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What Employers Need to Know About the President Obama Executive Order on Immigration

On November 20, 2014, President Obama outlined his executive order on immigration, and the following day issued two Presidential Memoranda that laid out additional directives for the modernization of the U.S. visa system and integration of millions of undocumented immigrants into American society. Many of these changes will affect U.S. employers as well as foreign […]

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How Your Employees’ Social Media Contacts Could be Protectable Trade Secrets

The question of whether an employee’s LinkedIn contacts can be considered trade secrets belonging to a former employer is a question currently before a Central California district court. In Cellular Accessories For Less, Inc. v. Trinitas, LLC, defendant David Oakes was a sales account manager for Cellular Accessories for Less, Inc., a company that sells […]

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