10 Essential Decisions for Business Owners
10 Essential Decisions for Business Owners
Business owners can be busy… they’re busy running a successful business, wearing lots of hats and making a ton of decisions. We’ve put together a list of 10 essential decisions for every business owner to consider.
10 essential decisions for a business owner from considering corporate structure to retirement and succession planning.
The essential questions include:
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Best structure for your business (ex. Sole Proprietor, Corporation, Partnership)
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Reduce taxes
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What to do with surplus cash
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Build employee loyalty
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Reduce risk
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Deal with the unexpected
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Retire from your business
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Sell your business
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Keep your business in the family
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What to do when you’re retired
As a financial advisor, we are uniquely positioned to help business owners, talk to us about your situation and we can provide the guidance you need.