Estate planning may not be at the top of the to-do list for many small business owners, but it is an important step that can have a significant impact on the future of their business and loved ones. Without a well-thought-out estate plan, a small business owner risks...
Year: 2023
What assets make up your digital estate?
Between your business ventures and your personal life, you have probably accumulated many digital assets that you want your business successors or relatives to have after you die. This is why your estate plans should include provisions for your digital estate....
Things to consider when choosing a business structure
One of the most important decisions you will make as a business owner is the type of structure you will adopt. Although this is not an exciting task, it will determine many things, from your taxes to your personal liability. Therefore, these are some things you should...
Avoid these common business mistakes
Starting a business is exciting, but it takes more than a dream to succeed. According to LendingTree, 20 percent of companies fail every year. Your business does not have to be one of those failures. Keep the following in mind as you begin your entrepreneurial journey...