Family businesses account for much of this country’s domestic product and are essential to the American Dream. Whether it is a century-old international automobile manufacturer or a group of local dry-cleaners, family involvement in the business is a common goal. Like anything worth keeping, it takes work to preserve.
Posts Tagged: Small Business
It has been said that seventy percent (70%) of Americans have done no estate planning. I would suspect this number may be even higher among business owners when it comes to creating an exit or succession plan for their business.
Controlling health care costs in a climate of dramatic change is a real challenge for small businesses. Here are some pointers on how to do that.
The start of the new year ushers in a series of regulatory, compliance, and tax changes that could potentially affect your small business.
Last week, on a 61-38 vote, lawmakers pass the bill, which would create a $30-billion small-business lending fund and give $12 billion in tax breaks to encourage companies to invest and hire. This wee, the bill passed the House 237-187. President Obama is expected to sign shortly.