It’s that time of year again! One year will be ending and another beginning very soon. While many people focus on holiday celebrations and new year’s resolutions at this time, small business owners also need to focus on year-end business planning – plus taking stock of the year nearly past.…
How to Reinstate Your Business What is a reinstatement? How do you file for reinstatement? Why would a small business owner choose to reinstate a business? Over the last few months, we’ve explored what it means to formally shut the doors to your business and file for a dissolution. The first…
IRAs are a great tool for saving and growing your retirement funds. They’re also among the more flexible forms of retirement saving methods. But because there’s room for interpretation of what you can and can’t do with the cash in your IRA, there’s often confusion and misinformation, even…
Executive Summary: If you value control, creativity, and autonomy, an independent business gives you the freedom you seek. If you’re more interested in something already designed and tested for success, that won’t require you to create marketing materials, new products, or deal with other…
There’s a lot of people you can talk to if you’re thinking about starting a small business or franchise, from consultants to brokers to small business funding experts (hello!). But it’s active, experienced small business or franchise owners who have some of the strongest insights gained from…
Steps to Dissolve Your Business Complete the IRS closing a business checklist Cancel business licenses File a statement of abandonment for DBAs Notify your employees and provide final paychecks Pay off remaining business debt In part one of our three-part series on business dissolutions, we…
As exciting as it is, starting a small business can get expensive. According to our annual Small Business Trends survey, 64 percent of small business owners spent up to $100,000 to acquire their dream business. Not many people have access to large amounts of cash to finance those kinds of purchases.…
More than half of all American small businesses are less than ten years old. While ten years may not sound like a long time in terms of a career span, a single decade can bring about huge amounts of growth and development for a small business. And, not surprisingly, with different stages of growth…
Not sure when to pursue your dreams of business ownership? Here are 4 reasons to do so before the end of the year.
