The increasingly frenetic pace of the holiday season can only mean one thing — 2018 is coming to a close and a new year looms around the corner.
The dream of their business is so vivid in their minds and the path to accomplish their goals is clearly in front of them, so why do so many business owners fail? Entrepreneurs often make the mistake of short-cutting the planning processes necessary for their business to overcome inevitable challenges and succeed.
Winston Churchill is credited with the saying: “He who fails to plan, plans to fail.” As we approach the end of the 2018 calendar year, that old adage still holds true today; now is the time for your business year-end planning. Here are a few planning tips for you to consider as 2018 comes to a close.
If you’re a small business retailer you know the holidays are right around the corner. Whether you’re planning a big push to boost sales or working to make sure inventory can meet demands, preparation is key. From brick-and-mortar retailers to e-commerce sites, finding ways to best monitor cash flow or reach your customers can define the impact to your bottom line.
As we approach the end of 2018, it is important for small business owners to understand what opportunities exist to lower their taxes before the year and to be aware of some new tax laws that may affect their taxable income.
Every business needs a home, and deciding to own a space can make a huge difference in the success of the organization. Owning your space stabilizes your occupancy costs, allows you to think long term, and serves as an excellent retirement vehicle down the road.
Just 30 years ago, a woman applying for a business loan typically needed the guarantee of a male cosigner — be it a father, a brother, a son or a friend. Then came passage of the landmark Women’s Business Ownership Act (H.R. 5050) on Oct. 26, 1988, which abolished this archaic practice, paved the way for more women to pursue entrepreneurship, and ultimately drove significant growth in the U.S. small business sector.
There are times when employers, especially owners of small to mid-sized businesses, are not able to provide health insurance for their employees. But, as an employer, they can still help employees secure good health insurance through Nevada Health Link,
With the elections around the corner, many are skittish to make real estate purchases, as pre-election jitters and fear of the unknown easily infiltrates market perceptions.
Most business owners spend the majority of their time focused on growing their businesses, so personal planning often becomes an afterthought. However, the study Retirement Checkup: Small Business. Big Dreams, on small business owners and retirement reveals that significantly more small business owners feel they can retire earlier and are counting on the sale of their business to be financially prepared for retirement.