For the love of your business

Articles to LIFT Your Life and Business

Q&A: Paying It Forward: How to Build Your Legacy

QUESTION Q: Will mentoring someone provide any benefit to my business? — Busy Boss   ANSWER Dear Busy,  As a business owner, it can be easy to see an opportunity to mentor a young professional as a purely charitable experience. However, mentorship can play a pivotal role in shaping your legacy when you approach it […]

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Year-End Tax Tactics: Strategies to Lower Your 2023 Business Tax Bill – Part 2

Last week we looked at four methods you can use to save money on your 2023 business tax return: Make large purchases for your business before December 31 Defer business income until next year Accelerate business expenses to this year, and Contribute to your employee HSA accounts This week, I share more ways end-of-year tax […]

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Year-End Tax Tactics: Strategies to Lower Your 2023 Business Tax Bill – Part 1

It might seem a bit early to think about your 2023 business taxes, but as the year draws to a close, it’s the perfect time to take a closer look at your company’s financial situation and make some strategic moves to minimize your business’ tax liability come next April. Year-end tax planning for your business […]

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How Diverse Hiring Elevates Your Business

In the past decades, diverse hiring was mainly associated with increasing and improving employment opportunities for minority groups. While diverse hiring is still a matter of social responsibility, it’s also becoming a driving force behind business success.  In this blog, we’ll explore how diverse hiring can elevate your business, from fostering innovation to improving customer […]

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Mastering Time Management: 4 Effective Strategies for Busy Entrepreneurs – Part 2

If you’re like many business owners, you probably feel like there isn’t enough time in the day for everything you need to do, let alone everything else you’d like to do. But it doesn’t need to be that way. Last week I explored how to use time blocking and task management tools to better manage […]

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Mastering Time Management: 4 Effective Strategies for Busy Entrepreneurs – Part 1

Time is your most valuable resource, and how you manage it can significantly impact the success of your business and your personal well-being. But finding effective ways to organize your schedule and manage your team can feel like a time-consuming task in itself.  If you feel overwhelmed by your calendar or like there is no […]

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Understanding Business Interruption Insurance

As a business owner, you may be familiar with the need for liability insurance to protect yourself and your business from lawsuits caused by injuries or accidents. But how do you protect your business’s income from outside forces that affect your productivity, supply, and revenue? Picture this: You’ve built your dream business from the ground […]

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Would Your Business Pass Our LIFT Business Assessment?

As a business owner, it’s crucial to regularly assess and improve various aspects of your business to ensure its long-term success and protect your assets. But most entrepreneurs struggle to find the time to review their systems and most don’t know where to even start or what to do with the information they find when […]

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You Have IP! Be Sure Not to Lose It … Here’s How

You don’t have to own a large company to own intellectual property. If your business creates inventions, written and artistic works, designs, logos, brand names, and images, you almost certainly have intellectual property. However, because intellectual property is intangible, it’s often overlooked in your business’s succession plan and your own personal estate plan. Even if […]

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Paying It Forward: How to Build Your Legacy Through Mentorship

As a business owner, it can be easy to see an opportunity to mentor a young professional as a purely charitable experience. But mentorship can play a pivotal role in shaping your legacy when you approach it with the right mindset. Not only does mentoring give you the opportunity to invest in the life of […]

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Embracing Abundance: Liberating Your Business from Money Dysmorphia and Fear

In the exhilarating journey of running a business, there’s an often unspoken challenge that many entrepreneurs face – the distortion of one’s perception of money. This phenomenon, referred to by Personal Family Lawyer® CEO and Founder, Ali Katz, as “Money Dysmorphia,” stems from deep-seated, often inherited fears and beliefs surrounding money. When Money Dysmorphia exists […]

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