Tag small business

Starting a small business involves more than choosing a name and finding customers. The decisions you make about ownership, contracts, taxes, and intellectual property can affect how your company operates and how much personal risk you take on.

The right starting point depends on your business model, location, industry, and growth plans. Some steps are legal requirements; others are practical protections that help prevent expensive disputes.

Use this legal checklist for starting a small business to identify the issues worth addressing before you launch.

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Did you know more than 40 percent of permanent employees lack access to an employer-sponsored retirement plan? Sadly, this has led to many retirees experiencing a tremendous decline in their living standards in their retirement. As such, not only is it vital to plan for your own retirement as an entrepreneur but also to help your employees to plan for their future.

There are lots of compelling reasons why you should start a retirement benefit plan for your employees including an increased chance of retaining and attracting qualified employees. Also, some retirement plans offer tax advantages for your business as well as for the employees.

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