Remove Company Remove Expenses Remove Resources Remove Retirement
article thumbnail

4 Retirement Plans Small Business Owners Should Consider

Success

There are only so many hours in a day, so longer-term decisions, like planning for retirement, can get pushed aside in the face of more on-the-spot issues. In fact, finding and researching the best retirement plans for small businesses can take time and effort you may not have right now.

article thumbnail

Tips and Resources to Scale Your Small Business

Success

Every great business starts with an idea , but actually growing that idea into a viable company has its challenges —such as getting the financial support you need. I saved up six months’ of expenses and built up a pipeline of clients before quitting my full-time job ,” Shinholser says.

Finance 266
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

6 Commonly Overlooked Tax Deductions to Maximize Your Return

Success

“Can a dead person deduct medical expenses?” “Can ” These are just a few of the numerous requests Andy Phillips, director for the Tax Institute at H&R Block in Kansas City, Missouri, fields when tax time rolls around, as his clients muddle their way through what can and can’t count as a deductible expense.

Expenses 198
article thumbnail

4 Ways To Financially Support Your Employees (Other Than Raises)

Allwork

As companies continue struggling with turnover and absurdly high quit rates , the businesses that are willing to go the extra mile for their employees will experience better retention. Here are some actionable tips that employers can take to help their employees prepare for economic downturns and unexpected expenses.

article thumbnail

How to Know If You’re Financially Ready to Start a Business

Success

To get all your ducks in a row and ensure you’re ready to jump into creating a new company, you need to craft a robust business plan that accounts for the myriad financial considerations of setting up a business. Are you currently earmarking 15% to 20% of your income for retirement? Divide your expenses into one-time (e.g.,

Expenses 342
article thumbnail

How Financial Wellness Programs Can Benefit Employees and Employers

Success

Gone are the days when new employees received a list of the company holidays during onboarding and a packet with information about how to sign up for health care and retirement benefits. 1 value proposition that Mecham touts when talking with company leaders about why focusing on the financial wellness of their workforce is important.

article thumbnail

A Millennial’s Guide to Finances: 5 Things to Start Before You Turn 30

Success

Be more descriptive than simply “transportation” because a Lyft to the bar on Friday night should not be marked as a vital expense. A healthy guideline is to have between six and 12 months worth of expenses set aside,” Kemp says. Credit Karma is a great free resource to track the progress of your credit score. Wiedman, D.B.A.,

Finance 276