Entrepreneur

Starting a Business
Many people dream of starting their own business, but working for yourself is not as easy as it seems. Before you take the big leap, it’s a good idea to honestly assess whether you have the characteristics and skills it takes to make it on your own.

Beginners Guide to Self-Employment Taxes
Being your own boss may mean saying good-bye to office politics and long commutes, but you will not escape paying taxes. Self-employment taxes, which are similar to the FICA taxes that wage earners pay, provide funds for Social Security benefits and Medicare benefits.

Selling Your Business
Should I sell my business? It’s a question almost every successful business owner eventually needs to address. For those who have invested a great deal of time, energy, and resources in their business, the decision to sell may be difficult and the negotiation extremely stressful.

Succession Planning
There’s a widely published statistic that says only one-third of family-owned businesses survive the transition to the second generation. While issues of mortality and family relationships can make succession planning difficult, a well-constructed plan is essential to passing the business on to the next generation.