Key Person Insurance: How to protect your business if you suddenly lost a person crucial to its success

Key Person Insurance: How to protect your business if you suddenly lost a person crucial to its success

As much as you try to share skills, knowledge and information in your company, you probably have some people who are key to your business’ success. It might be a Director or the CEO, whose vision made it a success in the first place. It might be your star salesperson, or someone in your IT …

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Exit Plan: How a succession plan can save your business (and protect your family)

Exit Plan: How a succession plan can save your business (and protect your family)

While everyone wants their businesses to be successful and operate for a long time, you may not necessarily want to remain at the helm. At some point, you may want to pass the business on to your children, or to someone else in the company. You may want to sell your share to your business …

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It Pays Off: 7 reasons business owners should pay themselves a salary

It Pays Off: 7 reasons business owners should pay themselves a salary

Think back to the days before you started your business, when you were working for a boss. Chances are you were rewarded for your hard work with a regular salary. It may not have always been the same amount, but it came through like clockwork. And for the next week, month or however often you …

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ON versus IN: Why you should work on your business instead of just in it

ON versus IN: Why you should work on your business instead of just in it

“You need to work on your business, not just in your business.” Made popular by The E-Myth Revisited author Michael Gerber, it’s advice I’m sure you’ve heard dozens of times over the years (I certainly have). But despite being told over and over again, many small business owners still don’t seem to truly understand what …

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