Strategic Business Succession Planning: Should Your Involve Your Children?

Decision-Making for the Long-Term Benefit of Your Company Business succession planning is a critical process for ensuring the long-term success and viability of a company. It involves preparing for the future leadership of a business, often necessitating difficult and complex decisions. One of the most significant considerations is whether to involve children in the succession […]

Small Business Success: Financial Planning for Entrepreneurs

Increase Your Chances for Success by Gaining a Firm Hold on Your Business’ Finances Small businesses represent a crucial pillar of the U.S. economy, as they employ half of the nation’s private-sector workforce and are credited with roughly 63% of the new jobs that have been created from 1995 to 2021, as per federal statistics. […]

Retirement Account Options for Entrepreneurs

Are Any of These Six Common Options the Right Retirement Plan for You? If you’re an entrepreneur, you know there are many benefits. You get to be your own boss, make your own hours, and spend your working days on building something you’re passionate about. Of course, you must give up things like structure and […]

Small Business Succession Planning: Tips for Entrepreneurs

How to Plan for the Future of Your Company If you’re a business owner, chances are you’ve been so focused on building your company in the present that you haven’t thought quite enough about the future – specifically, business succession planning. Even if handing over the reins seems like a distant moment, it’s a smart […]