Continuing the Tradition: Helpful Tips for Passing Down Your Family Business

Continuing the Tradition: Helpful Tips for Passing Down Your Family Business

Passing down a family business is a time-honored tradition in American enterprise. According to the Cornell University Smith Family Business Initiative, approximately 75% of small businesses rely on family members to run and maintain a business. These businesses are...

Self-Employed Business Owners: What’s the Right Retirement Plan?

If you own a successful small business with no employees, you might be ready to set up a retirement plan. Or you might want to upgrade from a more-basic SIMPLE IRA or Simplified Employee Pension (SEP) plan. Here are two options — solo 401(k)s and defined benefit...