Best Way To Pay Yourself As The Business Owner

by

Steven A. Feinberg

May 05, 2018

Determining how to pull money from your business is a critical step in a small business ownership. Whether you take a draw or a salary, makes little difference if you are a sole proprietor. A combination of salary and draw is typically how most small business start. When the business is doing well, the draw can be easy to utilize, but remember that the business will need cash flow when times are leaner so overdrawing on the business can

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Navigating The Treacherous Water Of Small Business

by

Steven A. Feinberg

June 10, 2021

If you own a small business, you have no doubt seen those ads promising quick and easy small business loans, usually for large dollar amounts. Should you really take out such a loan? Before you sign the loan agreement, there are a few key steps to protect yourself and your business. Do your homework. The old adage,’if its too good to be true, it probably is’ should be carefully adhered to. Take the time to read the fine print

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Baby Boomers Are Not Retiring And The Impact Small Business

by

Steven A. Feinberg

October 10, 2018

Determining how to pull money from your business is a critical step in a small business ownership. Whether you take a draw or a salary, makes little difference if you are a sole proprietor. A combination of salary and draw is typically how most small business start. When the business is doing well, the draw can be easy to utilize, but remember that the business will need cash flow when times are leaner so overdrawing on the business can

Read More