I want my kids to takeover the family business
https://familyinsuranceplans.com/wp-content/uploads/2022/07/FINANCIAL-PLANNING-for-self-employed-contractors.png 300 500 Samuel J. Esaw https://familyinsuranceplans.com/wp-content/uploads/2018/08/combinedLogo.jpg Samuel J. Esaw2022-07-06 06:00:002022-07-06 14:45:38Financial Planning For Self-Employed Contractors
Being a self-employed contractor can bring you a large cash flow and the satisfaction of being your own boss – but it can also make financial planning more complicated than being an employee. When creating a financial plan, Self-employed contractors need to keep a number of items in mind. Read to find out!
https://familyinsuranceplans.com/wp-content/uploads/2021/12/2021-Year-End-Tax-Tips.png 281 500 Samuel J. Esaw https://familyinsuranceplans.com/wp-content/uploads/2018/08/combinedLogo.jpg Samuel J. Esaw2021-12-01 10:14:352021-12-01 10:45:042021 Year-End Tax Tips for Business Owners
We’re approaching the end of the year, so it’s time to review your business finances. We’ve put together an article highlighting the most critical tax-planning tips you need to know as a business owner. We’ve focused on: • How to determine the right salary and dividend mix. • The best ways to handle compensation. • How to make sure you can take advantage of the small business deduction. • What you need to know about depreciable assets and charitable donations. • How to make the most of Covid-19 relief programs.
https://familyinsuranceplans.com/wp-content/uploads/2021/08/500x500-THE-IMPORTANCE-OF-A-BUY-SELL-coverImage.png 500 500 Samuel J. Esaw https://familyinsuranceplans.com/wp-content/uploads/2018/08/combinedLogo.jpg Samuel J. Esaw2021-08-01 07:15:032021-08-02 06:15:04Importance of a Buy-Sell Agreement
Working as a partnership between 2 or more individuals is never an easy task, and the situation only gets more complicated when one or more of them exits the business. Protecting not only the business, but your personal interests, as well as your family’s future are very important objectives for any business owner, and should not be overlooked.
https://familyinsuranceplans.com/wp-content/uploads/2021/05/Slide3.jpeg 810 1440 Samuel J. Esaw https://familyinsuranceplans.com/wp-content/uploads/2018/08/combinedLogo.jpg Samuel J. Esaw2021-05-09 15:27:042021-05-10 14:27:06Succession Planning for Business Owners
Business owners deal with a unique set of challenges. One of these challenges includes succession planning. A succession plan is the process of the transfer of ownership, management and interest of a business. When should a business owner have a succession plan? A succession plan is required through the survival, growth and maturity stage of a business. All business owners, partners and shareholders should have a plan in place during these business stages.