Small business owners who conduct regular reviews of their business’ operating health are more likely to detect potential issues before they develop into major problems. Some areas should be monitored regularly since they hold the greatest potential for harming a company’s long-term financial health. Cash Flow You should be concerned if your cash flow is […]
What’s Your Business’s Fallback Plan?
Like many small business owners, you may plan on working until you are ready to retire. And, once you reach that point, you may expect to sell your business and live off the proceeds. Or, you may have partners or children who can keep the business operating once you are ready to step away. However, […]
Estate Planning After Remarriage
It is not uncommon for an individual to remarry after a divorce or the death of a spouse. Remarrying is in many ways an affirmation of faith in the future and of hope for happier times. While you may not feel comfortable thinking about your own mortality if you have recently remarried, it makes sense […]