For the love of your business

Articles to LIFT Your Life and Business

Avoid These 3 Mistakes When Choosing Your Successor

Choosing a successor to take over your business doesn’t mean selecting someone who’s exactly like you or even someone you like. It’s about choosing someone who’s not only well-qualified for the role, but someone who also has the vision and skills to lead your company into the future. With so much riding on your decision, […]

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Do I still have to comply with Obamacare’s employer mandate?

Q: With Trump’s new tax law in effect, do I still have to comply with Obamacare’s employer mandate? -Insurance Inquiry A: Dear Inquiry: While Trump’s Tax Cuts and Jobs Act (TCJA) did repeal the Affordable Care Act’s (ACA) individual mandate, the new law did NOT change the employer mandate.  So if you were previously required […]

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Avoid the Time and Expense of Litigation Using Arbitration

Going to court to settle a dispute is something most people want to avoid, especially business owners. Even if you end up winning your case, litigation is time consuming, costly, and almost never good for your brand. Yet, whether it’s with an employee, client, vendor, or some other entity, disputes are practically inevitable for all […]

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4 Invaluable Benefits of Creating a Thriving Company Culture

Mention developing your corporate culture these days, and many people think of having a relaxed dress code, allowing your team to bring pets to work, or adding a ping pong table to the break room. But your company culture is much more than that. A strong corporate culture is integral to your business. It affects […]

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Avoid These 3 Frequent Causes of Small Business Lawsuits

It’s challenging enough to run a successful business without having to worry about getting sued. But in today’s highly litigious society, lawsuits are all-too-common, and you should take every necessary precaution to protect your company from unnecessary litigation. One of the worst aspects of lawsuits is that even if you win, you’re still on the […]

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3 Signs It May Be Time to ‘Break Up’ With a Client

If you’ve ever had clients who were more trouble than they were worth, you know how distressing such toxic relationships can be. It can be difficult to drop a client, especially if finances are tight, but sometimes the best thing you can do is to break off the relationship. It’s important to remember that not […]

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Do I need liability insurance if my company is an LLC?

Q: Do I need liability insurance if my company is an LLC? -Wondering A: Dear Wondering: Every company, regardless of entity structure, really should have liability insurance. This is because limited liability companies (LLCs) and liability insurance offer two distinct forms of protection. An LLC is designed to protect your personal assets from lawsuits and […]

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3 Things You Should Never Do On Social Media

Social media offers you an amazing opportunity to authentically connect with clients, build brand awareness, and dramatically boost sales. When done right, social media can propel even a tiny business into a global phenomenon overnight. When done wrong, however, social media can do incredible damage to your brand in just as short of a time […]

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Questions and Answers About ACA Compliance for 2019

Over the past few years, the Trump administration and Republicans have consistently worked to weaken and repeal the Affordable Care Act (ACA). The most significant of these efforts was the 2017 Tax Cuts And Jobs Act (TCJA), which repealed the ACA’s individual mandate requiring all Americans have health insurance or pay a penalty. This repeal […]

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4 Tips For Running a Successful Business With Your Spouse

Upon first glance, starting a business with your spouse can seem like the ideal opportunity. You get to spend more time together, make money, and build your own company with someone you implicitly trust. If you have an amazing marriage, you should be just as successful at running a business together, right? Unfortunately, it’s not […]

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3 Major Benefits of Structuring Your Business As An LLC or S Corporation

One of the smartest moves you can make as an entrepreneur is to structure your business as a limited liability company (LLC) or an S Corporation. You’re probably aware that both LLCs and corporations can protect your personal assets from debts and lawsuits incurred by your business, but they also offer other key benefits that […]

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