Category Archives: Small Business Owners
Estate Planning Actions for the Small Business Owner
Two things people avoid talking about are death and money. Combining the two is estate planning—the process of arranging for the management and disposal of a person’s estate while minimizing gift, estate, generation skipping transfer, and income tax. Estate planning … Continue reading
Mitigating Risks for Small Business Owners
Creating a Risk Management Plan Small business owners make up most of the U.S. economy. While the statistics are not often reported by the media, according to the U.S. Small Business Administration (SBA), almost 50 percent of Americans either own … Continue reading
Challenges Ahead for Business Owners
“My business was the best investment I had. In the old days, I’d invest capital, hire, train, and nurture the workforce, build and coddle my customer base, and earn a decent profit. We’d take that profit, reinvest a chunk in … Continue reading