PROTECTING YOUR SMALL BUSINESS: KEY MAN INSURANCE
Business Ownership and Key Man Insurance When a co-owner dies unexpectedly, it can cause a business to go into a tailspin. Depending on the role of this deceased party, the company’s operations may even stop, drastically reducing its revenue. In short, the unfortunate...
MOVING FORWARD: CREATING A CUSTOMIZED BUSINESS PLAN
This is your small business. But you can’t possibly know every detail that goes into the three important functions of your company (A Visionary to focus on promoting your business’s image in the marketplace; A Manager to develop efficient systems to generate and...
MOVING FORWARD: THE IMPORTANCE OF INFRASTRUCTURE TO YOUR SMALL BUSINESS
In my experience, I have seen many clients start their own businesses because they were frustrated with the company where they used to work. They believe that they have the knowledge to run a business much better than the people who are operating their current place...
AVOIDING SMALL BUSINESS DISASTERS: CHOOSING YOUR BUSINESS ENTITY
It’s not easy to be a small business owner. There are many pitfalls that you often can’t see until it’s too late. The good news is you don’t have to fall victim to these difficulties. If you’re proactive in preventing some of the most common problems, your business...
LEARNING TO DRIVE YOUR BUSINESS BY KEEPING BOTH HANDS ON THE WHEEL
According to the U.S. Small Business Administration (SBA), the nation’s number of small businesses has grown 49 percent since 1982. This means more and more people are leaving the traditional workforce to create their own companies. Instead of carrying out someone...