Business · October 18, 2024

Streamlining operations and standardizing processes is the secret to sustained business success. This guide explores how effective business systems can be the backbone of your company, ensuring every department plays in perfect harmony. Learn how to create detailed workflows that increase efficiency, build consistent customer experiences that foster trust and loyalty, and adapt to changes swiftly without sacrificing stability. Discover actionable steps to empower your team, delight your customer

Business · September 13, 2024

Navigating networking doesn't have to be a dreaded ordeal. Imagine transforming your networking approach into one where connections form naturally, based on mutual respect and genuine interactions. In this insightful guide, we delve into effective networking practices that prioritize building real relationships over merely exchanging business cards. Drawing from the relaxed yet purposeful Italian style of networking, we explore how fostering genuine relationships can lead to more substantial and

Business · September 06, 2024

When unforeseen challenges arise, is your business equipped to weather the storm? Take a cue from Jenny Bristow, the founder of Hedy & Hopp, who encountered a personal health crisis that could have derailed her company. Instead, her business not only survived but thrived, thanks to her foresight in advanced planning. In this essential guide, we delve into the critical strategies that safeguarded her company during her recovery and how these measures can protect your business too. Discover the im

Business · April 08, 2024

Starting or expanding a small business brings critical financial decisions, notably choosing between a business line of credit and a bank loan. Each option serves different needs: lines of credit offer flexibility and repeated access to funds, ideal for managing cash flow or unexpected expenses, but often come with higher interest rates. On the other hand, bank loans provide a lump sum with lower interest rates, suitable for significant, one-time investments but lack borrowing flexibility.

Business · March 22, 2024

Selecting your business successor is more than a choice—it's a future-defining moment. Ensure your legacy flourishes by steering clear of common yet critical mistakes in the process. It's not just about replicating your leadership style but finding someone with the right vision, adaptability, and ability to connect with your team. Dive deeper into how to make this pivotal decision without compromising your business's future. As your trusted LIFTed Business Advisor, let me guide you through a sea

Business · March 15, 2024

As tax season rolls in, it’s crucial for small business owners to navigate the complexities of tax filing with precision. This blog highlights three common tax mistakes to avoid: miscalculating payroll taxes, misclassifying employees as contractors, and improperly deducting personal expenses as business expenses. With detailed examples and solutions, including the importance of clear payment policies and maintaining separate financial accounts, it provides actionable advice to ensure compli

Business · February 12, 2024

Building a business is a journey filled with passion and dedication, mirroring the love you have for your family. But have you pondered the future of your enterprise and the well-being of your loved ones in your absence? Our latest blog delves into the essence of succession planning, a crucial step not just for the longevity of your business but as a profound gesture of care for your family. It outlines the necessity of a clear strategy to ensure smooth transitions, safeguarding your legacy and

Business · February 05, 2024

Incorporating your children into your family business isn't just a smart financial move; it's a valuable life lesson. This strategy not only fosters work ethic and financial literacy in your kids but also offers significant tax savings. With the right setup, their earnings up to $13,850 are tax-free, fostering early savings while reducing your tax bill. It's a win-win: your business gains dedicated helpers, and your family enjoys more quality time together.

Business · January 29, 2024

Boosting your small business goes beyond just products or services; it's about crafting a brand that resonates with authenticity and professionalism. This blog article explores the pivotal role of cohesive branding and robust business structures in attracting serious clients, emphasizing the importance of transparency and the human element behind your venture to foster trust and connection, ensuring a loyal client base through genuine engagement and open communication.

Business · January 22, 2024

Delving into the world of entrepreneurship requires more than just business savvy - it demands a strong grasp of emotional intelligence. Today, let's unveil how honing this skill can revolutionize your business approach, from enhancing leadership qualities to fostering a collaborative team environment. Learn about the transformative impact of emotional intelligence on decision-making, negotiations, and building a thriving workplace culture. Discover how this often-overlooked skill is the key to