In this discussion, Tim and Olivia talk about Apple’s Newly Announced High-Yield Savings Accounts and What they could mean for You.
When you’re a small business owner, your people are key. But how do you keep your key people happy and keep them from going after a better offer from your competitor?
Americans are quitting their jobs in record numbers. It’s called the Great Resignation.
When it comes to planning for the future, there are a lot of factors to consider. How do you know what’s going to happen from day to day? One day you could have it all and the next day you could be scrambling for cash flow.
So you’re a business owner, and you have a whole life insurance policy, and you want to leverage the life insurance cash value to make an investment in your business.
Cash flow is the lifeblood of any business, and having access to cash is kind of like the lungs.
When you’re starting off in business, your goals are certainly different than when you plan on exiting your business.
Being in business with your family could get tricky. For example, a recent study showed that two thirds of small business owners plan on passing their business down from one generation to the next.
Small businesses are the backbone of America’s economy, with 50% of all employees working in such businesses. However, small businesses face challenges, particularly with cashflow. A recent study showed that 69% of business owners lose sleep or have trouble sleeping due to financial cash flow issues. Stress caused by lack of sleep has been linked to various health issues and can put a strain on relationships. Small businesses are also struggling with high inflation and interest rates, which further squeeze their cashflow. To make cash flow more efficient and reduce stress in their business and personal lives, small business owners need to find ways to utilize their available cash flow properly.
When it comes to business succession planning, a lot of business owners tend to put it off.