If you’re a small business owner, you’ve likely considered offering your employees a retirement plan. Find out what you need to know to choose the right retirement plan for your small business.
If you’ve set up 401k plans for your employees, or are thinking of doing so, it’s vitally essential that you understand the many facets of your fiduciary responsibility to your employees regarding their 401k plans.
For a business to succeed, it must generate profits but also operate with positive cash flow. For a business to be viable, cash flow is king. So having a high profit is great. But low cash flow results in a profitable business unable to pay its bills.
Most business owners and many business advisors are unaware of the differences that separate a business broker from a merger and acquisition advisor (M&A advisor). It is vital to retain the right type of firm for the sale of any business.
There are different levels of financial support that a business will need over time. Do you need a Bookkeeper, Controller, or CFO? Which is best for your business?
Every business in America, whether they realize it or not, needs financing to fund growth strategies for their business. However, given the tough lending environment, small business financing is not always easy to find.
The vast majority of employers are dangerously unaware of the risks and responsibilities associated with serving as their company’s 401(k) plan sponsor.