A Business Owner’s Considerations During Divorce

Shortly before their wedding, Mack and Julia opened a business that manufactured and distributed small electronics. Their three partners were Mack’s friends from college. After 12 years, Mack and Julia decided to divorce and began dividing up assets. As business owners, they now had to consider how to handle their business during their divorce. Basic Considerations. When it comes to dividing assets and debts in a Read More

Retirement for the Small Business Owner

Many small business owners spend so much time managing their company’s current needs, they don’t think about planning for their own needs. Instead of putting aside money for retirement, business profits may be plowed back into the business through expansion, increased expenses, or development of new business lines. However, retirement for an entrepreneur is serious business, something that should be considered as Read More