Business · September 29, 2023
When unexpected calamities strike, from natural disasters to global pandemics, how can businesses safeguard their income and operations? Business Interruption Insurance, similar to personal long-term disability insurance, acts as a protective shield, ensuring businesses aren't left in the lurch. Dive into this article to understand its intricacies, from trigger events and waiting periods to the specifics of what's covered. Because in the unpredictable world of business, being prepared is not jus
Business · September 12, 2023
As an entrepreneur, your business is personal. It's an extension of your vision, ambition, and hard work. But how solid is its foundation? Introducing the LIFT Business Assessment, an educational deep dive into the essential pillars: Legal, Insurance, Financial, and Tax. With this, not only will you gain clarity on where your enterprise stands but also discover strategies to strengthen its core. Ready to elevate your business insights? Let LIFT be your guide.
Business · September 05, 2023
Navigating the business world, have you ever faced legal documents bursting with terms that felt alien? It's easy to feel overwhelmed and just sign without understanding. You're not alone in this. But here's a thought: these agreements are our chance to gain clarity on our relationships, policies, and services. Instead of letting them intimidate us, let's take them as opportunities to better understand our business dealings.
Business · August 28, 2023
Struggling with difficult clients that are negatively impacting your business? From persistent payment delays to constantly undervaluing your services, these challenges can drain your enthusiasm and resources. Dive into our article on the "4 Red Flags" to recognize when it's time to part with a bad client, arm yourself with essential insights to ensure your business's success, and pivot towards a business future where you're valued, prosperous, and, most importantly, respected.
Business · August 21, 2023
Launching a startup and thinking of leaning on your employer's group legal insurance? Many entrepreneurs find this tempting, but often overlook the potential shortcomings of such plans. In the intricate world of startups, these limitations can translate into unanticipated legal pitfalls, potentially jeopardizing your venture. Delve into our comprehensive analysis to uncover the critical aspects and ensure your startup's robust legal foundation.
Business · August 14, 2023
Navigating the world of employment can feel like a tightrope walk for small business owners. How often have you questioned if your payroll process is fully compliant or if that contractor agreement covers all bases? Your good intentions might unknowingly lead to common employment pitfalls. From wage confusion to "work for hire" nuances, these simple oversights can invite unexpected complications. Here's how to transform your employment practices from uncertain to unassailable...
Business · August 11, 2023
Ever felt a pang of confusion after losing a client once they've seen your legal agreement? You're not alone. Many of us don't realize how our contracts, meant to safeguard, can sometimes alienate. These documents should be clear reflections of our intentions and values. A muddled contract can inadvertently create doubts. Let's embark on a journey to understand and craft agreements that genuinely resonate and build trust. Explore the nuances of creating genuine, trustworthy agreements...
Business · July 21, 2023
Ever thought about the difference a "Corp" could make to your business name? It's more than just branding! Shifting from a sole proprietor to a corporation brings significant benefits—think enhanced credibility, robust asset protection, and savvy tax perks. Curious about the changes this could bring to your bottom line? Ready to strategize your switch? Let's untangle the complexities and plan a smooth transition come January. Peek into the future of your business here...
Estate Planning · July 29, 2022
You might think only the wealthy need to worry about asset protection planning. But the truth is that if you don't have millions, you may be at even greater risk. For instance, if you're a multi-millionaire, a $50,000 judgment against you might not be that big of a deal. But it could be devastating for a family with a modest income, savings, and home. Before it's too late, learn the strategies you may use to safeguard your assets.
Business · June 28, 2022
Regardless of what industry you're in, the reality of being a business owner is that you open yourself up to a number of unique risks that most people don't have to worry about—and the more successful your business is, the more risks you face. And because most business owners aren't fully aware of all the potential risks that can affect their company or the options available to protect their personal assets from the risks of doing business. This is where asset protection planning comes in.