Archive for November, 2009
Business Owners – Planning For Retirement
Unlike corporate executives who wait until they are a certain age to retire, business owners can retire according to their own schedule. They do not have to wait for a mandatory retirement date when their colleagues will recognize and reward their career accomplishments with a gold watch at a farewell dinner.
In fact, many business owners [...]
November 28, 2009
Tags: assets, business owners, financial future, Retirement, retirement planning, retirement vehicle, succession planning Posted in: Retirement
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40 Rules To Live By For Business Success
As we get bogged down in our day-to-day business lives, we lose sight of the basics which make successful businesses flourish. Take a few minutes to review these 40 common sense guidelines and then work diligently to integrate these rules into your approach in running your business.
As the owner of the business I will only [...]
November 16, 2009
Tags: business goals, business success, competitors, customer service, professionalism Posted in: business owner
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What If I Want to Recruit a Key Employee?
The objectives of recruiting a key executive from the marketplace are to make your business more profitable, to grow the company and / or to bring talent to your business that does not currently exist. You must design incentive plans that achieve those goals. You will always be a slave to your business unless [...]
November 16, 2009
Tags: base pay, bonus, company growth, hiring for key management, key employee, management team Posted in: business owner
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Business Owners – What If You Want to Take Care of Yourself?
Business owners have experienced a well-publicized meltdown in traditional financing. Now they want to know how they can prevent themselves from being vulnerable again.
Become Your Own Bank
What if you set a goal today to accumulate money on your own? Shore up reserves for use in emergencies in your business, or for business opportunities, investments and [...]
November 11, 2009
Tags: business owners, cah flow, customers, financial future, financial planning, insurance, life insurance, personal retirement, supplemental income, traditional savings Posted in: business owner
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What If I Become Disabled?
People insure their assets against loss, yet a lot of business owners fail to buy insurance for their most important asset – their ability to earn an income. A sudden illness or injury without disability income insurance could be devastating for your life and your business, especially if there are no employees who can do [...]
November 3, 2009
Tags: business expenses, business owners, disability insurance, disabled, financial independence, insurance, key person, sudden illness Posted in: business owner
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