The Scoop on Business Planning Tools
Nearly everyone in business at the management level or higher needs to do business planning. Startups need business plans to justify the startup investment — whether from a venture capitalist, or from...
View ArticleShould I Get Insurance for My Home-Based Business?
When you start a home-based business, insurance may not be your first priority, but you cannot afford to ignore it either. When the unexpected happens — and it will — having insurance coverage may mean...
View ArticleThe 30 Key Questions to Ask Before You Form Any Partnership
Over the years I’ve moved into and out of dozens of joint ventures and partnerships, which have made me millions of dollars. Below are some of the best of what I’ve learned when forming a partnership....
View ArticleHit By a Bus: Is There Business After Death?
Let’s face it. Business owners die. And even though they pass on to the great balance sheet in the sky, their worldly business goes on… for better or worse. I call this the “hit by a bus” problem, and...
View ArticleTwo Business Structures That Don’t Work
Do you know what the number one question is that we are asked as tax strategists? Well, on the chance that you haven’t guessed already, we’ll tell you. The number one question we get is always: What’s...
View ArticleTop 5 Life Insurance Mistakes
Life insurance exists to protect and provide for your family in the event of your death. Life insurance can be complicated, with so many products and choices such as term or whole life, who to choose...
View ArticleIs It Ever Too Late to Buy Life Insurance?
Technically, it is never too late to buy life insurance. However, if you wait until later in your life to purchase life insurance, you may pay higher premiums or settle for a policy that you do not...
View ArticlePlanning for the Unexpected: The Importance of Life Insurance Coverage
By Michael Tomlinson With 90 percent of workers choosing the same benefits year over year, and since open enrollment is around the corner, it is important for small-business owners to communicate the...
View ArticleUntil Death Do Us Part: Will Your Business Die With You?
By Brad Cummins What is the value of your company without you? If you are a sole proprietor or partner in a fairly small or family-owned business, you can be sure that a great part of your enterprise’s...
View ArticleProtect the Future of Your Small Business With Life Insurance—Yes, Life...
One thing every business owner needs is life insurance. It’s not something you normally think about when starting a business, but it should still be at the top of your list. Life insurance not only...
View ArticleStandard Benefit and Employment Packages for Emerging Companies
Small and emerging companies offer many advantages that big companies don’t. A tremendously attractive benefits package generally isn’t one of them. Without the large numbers of employees required to...
View ArticlePreparing for Life Events: Marriage, Death, and Divorce
There are specific life events, such as marriage, death and divorce, that are both highly emotional and require some financial preparedness. It is to your benefit to sit down and evaluate how such...
View ArticleTop 10 Estate Planning Mistakes
While it is not a pleasant task, estate planning is necessary to effectively and efficiently transfer your assets to your heirs. Proper planning can help those to whom you are leaving assets avoid...
View ArticleCan Your Put Your Business “On Hold” Due to Health Reasons?
Asking if you can put your business on hold due to health reasons is a little like asking if you can sue someone for some egregious crime. A lawyer will probably tell you that you can sue, but you...
View ArticleThe Importance of Succession Planning
Succession planning is an essential part of doing business, no matter how certain your future appears. It’s easy to put off planning when everything seems to be going so well, right? Wrong. Now is the...
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