If you’re a sole proprietor starting to save for retirement, you may wonder if you should set up a 401(k) plan or begin contributing to an IRA. What should you do? It depends on your circumstances, and on a number of variables relating to your business.
Being an entrepreneur is never easy. From unexpected obstacles to knowing where, when and how to make a decision, can all make or break your business. Here you will find tips and advice to prepare yourself and your business, plus reduce the risk you take while increasing your success.
One of the options for those who want to own a business is to buy a franchise. When you purchase a franchise, you are basically buying the right to operate a retail location under an established brand. Often, people think of food establishments, like McDonald’s (MCD) or Subway when they think of franchises. But it […]
A lot of people would love nothing better than starting their own business — but the idea of taking the leap of faith into full-time self-employment is more than a bit intimidating. But in truth, there’s no need to have a business on a full-time basis. You can start your business part-time, then build up […]
Business owners sometimes take a casual approach to managing their company’s finances. They blend them with their personal finances, under the assumption that it will all come back to them in the end anyway. As true as that may be, there are some key benefits to separating your business and personal finances.