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Best Way To Pay Yourself As The Business Owner

by Steven A. Feinberg  calander  July 2, 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 cause issue down the road.

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Navigating The Treacherous Water Of Small Business

by Steven A. Feinberg  calander  July 2, 2018

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 - All of it. It’s in these tiny details where you will find all the responsibilities, commitments, interest rates and repayment rules.

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Baby Boomers Are Not Retiring And The Impact On Small

by Steven A. Feinberg  calander  July 2, 2018

Baby boomers are delaying retriment and continuing to stay in the workforce. This trend in postponed retirement can have substantial impact on other generations within workforce seeking advancement and career changes. According to the ADP workforce Vitality report release in June 2017, [”the boomer”] age group experienced 4.8 percent job growth during the first quater of 2017, more than any other age group.” Additionally, the Pew Research Foundation found that “nearly two-thirds of workers older than 65 hold full time jobs” of 35 hours a week or more.

  • Latest Articles

    Best way to pay yourself as...

    Determining how to pull money from your business is a critical step in small businessRead More...


    Navigating the treacheroerous...

    If you own a small business, you’ve no doubt seen those ads promising quick and easyRead More...


    Baby boomers are not retiri...

    Baby Boomers are delaying retirement and continuing to stay in the workforce. ThisRead More...