Starting a company is far from easy, but if you are planning to launch a startup you need to see these tips to help you avoid the most common financial mistakes. If these tasks seem too demanding, consulting a financial advisor used to working with entrepreneurs may be helpful. 1. Managing Cash Flow Most startups … Read More
Many young people have hopes and dreams starting their own business, but the one thing that is holding them back is money. Most of them lack the funding. So, we have created a list of the top five tips to help young entrepreneurs invest and save wisely. Define your Goals It is crucial to accurately … Read More
America is full of entrepreneurs and many people can successfully run a small business for many years. However, most small business owners do not have a retirement plan. They rely on selling the business as a means of retirement. A recent survey showed that 75 percent of participants age 18-64 have saved less than $100,000 … Read More
Many Americans struggle to save for retirement. According to a report by CNBC most only have 12% of what they will need saved. For small business owners it can be especially difficult. We are here to help with the top financial planning tips for small business owners. Financial Planning Guide for Small Business Owners [Related: … Read More
Ever dreamed of owning your own business? I know I have! Most people are very attracted to the idea of being their own boss. While owning a small business is an appealing idea, it does carry some significant risks. Only 50 percent of small businesses actually survive the first five years. That’s a scary thought. … Read More
Despite misconceptions, wealth management is key for business professionals of any income bracket. Planning for the future now is always the best bet when banking on financial security, and business owners and entrepreneurs have special considerations when it comes to wealth management. We will break down the circumstances unique to wealth management for this group. … Read More
Divorce is always devastating, but when a family business is at risk of being dismantled, it becomes doubly so. This post discusses some of the most common problems business owners find when they are tasked with dividing a business and its assets. Business Worth The most primary undertaking in a divorce is accounting for assets … Read More