Archive for June 2023
7 Tips for Creating a Budget for Your Small Business
As you embark on your small business adventure, create a roadmap to success by putting together a budget. Learning to manage your finances effectively and being prepared to pivot when unforeseen expenses pop up are crucial skills for any business owner. Hone your financial savvy and create a budget for your small business with these…
Read MoreThe Advantages of ROBS Funding Over Other Funding Options
What is a ROBS, and how can you use one to your advantage as you grow your small business? ROBS is an acronym for Rollover for Business Startups, a financial strategy that allows you to roll over your 401(k) funds into a new retirement plan established by your business—tax penalty-free. The business retirement plan uses…
Read More5 Pro Tips for Every Aspiring Entrepreneur
If you have an innovative new idea that can fill an open niche in your community, channel that entrepreneurial spirit into a brand-new business. Starting a business always carries some risk with it, but you can embrace that risk and turn it into an opportunity! These pro tips are designed to help every aspiring entrepreneur…
Read MoreAll the Changes in the New Secure 2.0 Act
In 2019, Congress passed the SECURE Act (Setting Every Community Up for Retirement Enhancement) in an effort to encourage workers to save more for their golden years. In December of 2022, Congress added more provisions to the SECURE Act, with more set to roll out in the years to come. The latest edition of the…
Read More5 Things Your Small Business Should Outsource
Time management is one of the biggest challenges facing small business owners today. Running a successful business involves spinning several plates at once, and sometimes an eight-hour workday turns into a 14-hour marathon. Small business ownership shouldn’t be that stressful! Many successful entrepreneurs attribute a positive work-life balance to outsourcing, or contracting business functions to…
Read MoreWhy Right Now Is the Right Time To Open a Business
If you’ve dreamed of starting your own business but there always seem to be roadblocks in your way, it’s time to rise to those challenges! Now is the right time to start a business, and here’s why—entrepreneurship is a valuable life experience, no matter your age or level of business understanding. Let this guide inspire…
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