Success
SEPTEMBER 19, 2021
Market analysis: What are the current trends in your industry? Are you currently earmarking 15% to 20% of your income for retirement? But if you’re starting a business, then you generally won’t have income to put toward retirement at first. How would you describe your product or service offering? Who are your target customers?
BMT Office Administration
JUNE 26, 2023
A fiscal year simply represents the 12-month period that a business uses for its accounting, taxes, and budgeting purposes. Balance sheets are invaluable for conducting financial analysis and making key financial decisions at a business. Primarily, if your business venture fails, you’ll lose your entire retirement fund/401k.
Success
APRIL 15, 2024
Others may be trying to maximize their retirement savings while filling in the gaps of their parents’ savings. She advises doing a cash flow analysis over a two-year period, which shines a light on seasonal ebbs and flows (such as bonuses or paying for kids’ summer camps). It’s a balancing act—one that can easily lead to stumbles.
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