The Mission Wealth
Insights Blog:
Business Owners
Owning and operating a business is time consuming, leaving little time to plan for your financial future and your family’s security. Our financial advisors wrote these articles to help ensure your personal finances are in order and that you reap the financial benefits and tax advantages that business ownership may afford.
Using a Buy-Sell Agreement when Selling Your Business to Family
A well-crafted Buy-Sell Agreement can provide a solid foundation for a successful business transfer within the family.
Determining the Value of Your Business
Business valuation plays a critical role in determining gift and estate tax liability and/or the appropriate selling price for an interest.
What To Do After You Sell Your Business
Selling a business can be an exciting time but make sure you are prepared to handle the new-found cash flow. Here are some suggestions that you can practice once you...
Guide Your Growth With a Business Plan
Whether you’re a business owner now or have entrepreneurial aspirations, a business plan will help keep you on-track to meet your goals, spend efficiently, and focus your attention where it...
Thinking About Starting a Business?
Seeing the disruption caused to the business landscape in the last few months has caused many of us to feel uncertain. Read on to learn more about why this could...
Should I Start a Business After I Retire?
To start a business after you retire may seem daunting, but there could be more motivation to take action than you might think. The truth is that there’s never a...
Loan Resources for Self-Employed and Small Businesses
Are you self-employed or do you own a small business? The U.S. Small Business Administration opened up their Payroll Protection Program (PPP) today. Take a look at this article to...
How the Economic Stimulus Package Can Assist Small Businesses
Small businesses are being impacted by the uncertain economy, so we put together a list of economic stimulus provisions aimed at assisting small businesses.
Retirement Plans for Small Businesses
As a business owner, you should carefully consider the advantages of establishing an employer-sponsored retirement plan. Generally, you’re allowed a deduction for contributions you make to an employer-sponsored retirement plan....
4 Reasons Why a Financial Advisor Can Help Your Business
According to the American College, 60% of business owners who responded in their study said that they had not met with a personal financial advisor. Few of them had developed...
Record Keeping for Your Own Business
Keeping good business records will not only help you stay in business but may also help you increase profits. Your business records let you analyze where your business is and...
Women: What You Should Know When Starting a Business
If you are a woman thinking about starting your own business, you’ll need a sound plan, a little creativity, personal dedication, and probably some form of financial investment. Before you...
Starting or Buying a Business
So, you’re thinking of going into business for yourself. You have several options available, and all involve some degree of risk. Do you want to create a start-up operation? Perhaps...
Disaster Preparedness for Businesses
As a successful business owner, you don’t want to think about your operations being interrupted by a natural disaster or other unexpected event. Yet the possibility is a real one....