Why You Need to Consider Succession at Formation of a Business
Many entrepreneurs and new business owners start out their venture with a passion, eager to build upon their vision and put in the work necessary to grow their business into a success.
Many entrepreneurs and new business owners start out their venture with a passion, eager to build upon their vision and put in the work necessary to grow their business into a success.
You have spent years creating a company. You have put in sweat, money, time and energy into building a legacy for your family and community. But now it’s time to hand over the reins. Are you ready? The Baby Boomer generation is in the process of retirin
You did the hard work and built your business from the ground up to be the successful company that it now is. You started without any employees or perhaps a few. Eventually you needed help at the top of the company.
One thing as a business owner that is often overlooked or put on a back burner “to do” list- creating and/or updating your employee handbook. Having an updated handbook is one of the most important and effective tools in ensuring your workplace is functioning properly, protecting employees, and shielding your business from significant liabil
If you are an employer that has tried to hire recently, you know that companies are struggling to find talented employees given the low unemployment rates.
So you have made the decision to start your business and begin down the exciting path of entrepreneurship. You’ve determined your product or services, researched the market and developed your plan. Now, before you can take the next steps toward making your dream a reality you must determine how you will form your business entity…
No one is prepared for a car accident – nor can anyone be fully prepared for the outcome. Make sure that you and your family have a competent team on their side to help guide you through the process and focus on what’s really important, your recovery.
When people think of estate planning, they tend to think of Wills and Trusts. However, there are certain documents that everyone should have in place, regardless of estate size. They are: Power of Attorney – These are for financial transactions during lifetim
Irrevocable Trust An irrevocable trust is a separate legal entity, with its own tax identification number, set up by the trust creator (Settlor) to hold assets. Once assets are transferred to an Irrevocable trust, they cannot be taken back, and the terms of the Irrevocable trust generally cannot be changed after the document is signed….
Television, movies, books, friends, family, the news media, and the internet are all full of information regarding Estate Planning. However, each person’s planning situation is unique, so reliance on a one–size-fits-all approach can lead to unintended results.With this in mind, we present the following list misconceptions people often have about estate planning