Solo 401(k) Plans for Companies Without Employees
Among major corporations, 401(k) plans have become common, but even the smallest of businesses can have a 401(k) plan for retirement. One-participant 401(k) plans, known by names such as Solo
Among major corporations, 401(k) plans have become common, but even the smallest of businesses can have a 401(k) plan for retirement. One-participant 401(k) plans, known by names such as Solo
Many business owners buy accounting software and, even if the installation goes well, eventually grow frustrated when they do not get the return on investment they had expected. There is
Every business has some degree of ups and downs during the year, but cash flow fluctuations are much more intense for seasonal businesses. So, if your company defines itself as
Adequate insurance coverage is, in many cases, a legal requirement for a business. Even if it is not for your company, proper coverage remains a risk management imperative. However, that
When it comes time to transition your role as business owner to someone else, you will face many changes. One of them is becoming a mentor. As such, you will
You would be hard pressed to find a company not looking to generate more leads, boost sales, and improve its profit margins. Fortunately, you can take advantage of the sales
In 2017, if a company sponsors a profit-sharing plan, the company could make a contribution on behalf of the business owner of as much as $54,000. With a Savings Incentive
Every company has at least one owner. In addition, in many cases, there exists leadership down through the organizational chart. However, not every business has strong governance. In a nutshell,
Many companies take an ad hoc approach to technology. If you are among them, it is understandable; you probably had to automate some tasks before others, your tech needs have
Concentration risks are a threat to your supply chain. These occur when a company relies on a customer or supplier for 10 percent or more of its revenue or materials,