Posts tagged with "independent contractor"



Business · April 08, 2024
Clash of Cash: Small Business Loans vs. Lines of Credit
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
Avoid These 3 Mistakes When Choosing a Successor for Your Business
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
3 Business Tax Mistakes to Avoid This Tax Season
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 · November 03, 2023
Year-End Tax Tactics: Strategies to Lower Your 2023 Business Tax Bill - Part 2
Continuing from last week's insights on saving money on your 2023 business tax return, our latest blog dives deeper into effective year-end tax strategies. This article unveils more innovative ways to reduce your business's tax liability while positively impacting your team and the broader community. Each strategy is not just about lowering taxes; they're about making strategic decisions that benefit your business, employees, and community alike. Learn more here...
Business · October 24, 2023
Year-End Tax Tactics: Strategies to Lower Your 2023 Business Tax Bill - Part 1
Ever wondered how top businesses optimize their year-end tax strategy? 🤔 Unlock 8 groundbreaking strategies in our latest blog that promise to transform your 2023 financial outlook. Dive into savvy purchases, harness the power of HSAs, and more. With such game-changing insights, who knew tax planning could be so empowering?
Business · October 17, 2023
How Diverse Hiring Elevates Your Business
Diverse hiring isn't just about equality—it's a business imperative. Learn how varied perspectives amplify innovation, enhance decision-making, and deepen customer relations. In our globalized world, embracing diversity is not merely right—it's strategic. Dive in to see how your business can thrive by reflecting humanity's rich tapestry.
Business · October 06, 2023
Mastering Time Management: 4 Effective Strategies for Busy Entrepreneurs - Part 1
Every entrepreneur understands the dance of balancing work and life. Discover the art of "Mastering Time Management" in our latest article. Unlock the magic of time-blocking and harness technology to bring clarity to your day. Embrace strategies that not only elevate business success but also cherish every cherished moment. Dive in to harmonize ambition with peace.
Business · September 29, 2023
Understanding Business Interruption Insurance
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
Would Your Business Pass Our 20-Point LIFT Business Assessment?
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
Rethink Your Relationship With Legal Agreements: Deal With Change And Conflict In A Clear And Healthy Way
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.

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