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Business Insider says the top two issues negatively affecting these small family-operated companies are taxes and structural conflicts. Seventy percent of small companies do not make it through the handoff from one generation to next. Estate taxes...
Entrepreneurs starting a small business quickly learn their loved ones will be impacted, even if their start-up plan doesn’t roadmap the venture as a family business. Starting a small business is time and labor-intensive, sometimes emotional, and always a...
Family businesses, or those companies that have two or more related family members at the helm, are a common denominator across the business landscape. These companies are as small as the corner grocery and as large as the global enterprise. At both levels,...
If you are considering starting a small business, the implications stretch beyond the impact on your life and will also touch the lives of the people you love. Your becoming an entrepreneur affects your family in a variety of ways, even if they are not technically...
On December 20, 2019, President Trump signed into law the most comprehensive pension reform legislation since the Pension Protection Act of 2006. As part of the budget funding bill for the remainder of the current fiscal year, the Setting Every Community Up for...
If your small business has begun to make a profit, it is tempting to funnel the extra cash into your pocket. It is difficult to know how you can keep enough cash on hand to avoid small business funding, or, as an owner, to decide if it is time to finally draw an...
For years the saying, “You have to spend money to make money,” has helped justify the debt portfolio of entrepreneurs around the globe. For most Americans, starting a small business assumes that debt is a natural part of the process. Many times, this might even be...
It may sound counterintuitive, but one of the entrepreneurship tips you can glean from the countless start-ups that have come before you is to not overspend. This means not being tempted to overspend investor money or small business funding and stay within your budget...
It has been an interesting year for small business. We have seen the stock market go from the highest of highs to the lowest of lows, affecting small business funding and bottom-line profits. However, according to the latest quarterly Wells Fargo/Gallup Small...
It is sometimes harder to define the deliverable when you own a service-related company. Selling tangible products is easier both to market and to finance with small business funding options. Here are some tips for small business funding for...