Category: Business Advisory

2 business people looking at bar graph on computer screen, representing self-employed 401k planning

Self-Employed (Solo) 401(k) – 2022

By Cliff O’Conner, Financial Advisor Are you a small business owner who wants to quickly grow your retirement funds? If so, you should consider starting a Self-Employed 401(k). Many entrepreneurs with no employees besides a spouse choose this plan because of its higher contribution limits as compared to other retirement plans for small business owners.…
Read more

Business people meeting representing Succession Planning for Family Owned Business

Family Business Succession Planning: How to Get Started

Does your family-owned business have a succession plan in place? If you don’t, you aren’t alone. Despite family firms making up 90% of all business enterprises in the U.S., 47% of owners who want to retire in the next five years say they don’t have a successor.

2 businessman meeting

Succession Planning for Small Businesses

Succession planning is one of those things that many owners know is important, but often don’t get around to doing it. In fact, up to half of small business owners who plan to retire in the next five years say they have not yet named a successor, according to the Service Corps of Retired Executives…
Read more