Category: Business Planning
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Traditional or Roth? How to Figure Out Which Account Type is Best for Your Retirement.
Everyone is asked this question at some point in their journey to retirement. Especially when you set up a retirement plan for your business, it is important to understand the differences between traditional and Roth-style accounts. Contributing to the wrong account could cost thousands in taxes over the lifetime of a business owner. To combat…
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What is Going to Happen This Year? How to Think About the Markets and the Election.
Given that this is a presidential election year, many people have asked what the election will do to the markets and their money. On top of that, an arguably overvalued stock market and a slow-growth economy create more questions of concern. So naturally people are asking about the next 6-12 months. My typical response, one…
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How Do I Set Up My Company? How to Determine Which Business Structure is Right for You.
One of the first questions to answer as an entrepreneur and new business owner is what structure is best for your new business. There are a few options and the differences can make a substantial impact on your company. The four most popular structures are Sole Proprietorships, Partnerships, Corporations, and Limited Liability Companies (LLCs). Each…