Jun 15, 2020 | Small Business
Most companies wouldn’t go into business without some basic types of insurance in place, such as property coverage and liability coverage. For a company with more than one owner, there’s an additional type of risk-management arrangement that needs to be established: a...
Dec 31, 2018 | Small Business
Tax planning is a juggling act for business owners. You have to keep your eye on your company’s income and expenses and applicable tax breaks, especially if you own a pass-through entity. But you also should look out for your own financial future. For example, you...
Oct 29, 2018 | Small Business
You’ve spent years building your company and now are ready to move on to something else, whether launching a new business, taking advantage of another career opportunity or retiring. Whatever your plans, you want to get the return from your business that you’ve earned...
Jan 25, 2018 | Small Business
In a small business, the loss of any single employee may lead to some dire consequences. Building a strong team can hedge against this risk. Even so, your company may want to acquire key employee insurance to provide needed cash in a worst-case scenario. Life...
Jul 27, 2017 | Small Business
With an employee stock ownership plan (ESOP), employee participants take part ownership of the business through a retirement savings arrangement. Meanwhile, the business and its existing owners can benefit from some potential tax breaks, an extra-motivated workforce...