Business Owner Financial Topic

Small businesses are often called the economic engine of the American economy.  This is because there are more than 22 million in the U.S., employing more than half of the American work force.  Whether you’re starting a business, building the one you have, or stepping up to run a family business, you need information to help you make sound financial decisions.

Articles
Benefits and retirement plans
ArticleBenefit plans for small businesses
ArticleRetirement Plan Options
ArticleRetirement plans for small businesses
ArticleUnderstanding solo 401(k) plans
Insuring a business
ArticleProperly insuring your business
Legal Issues
ArticleAlternative Dispute Resolution
ArticleWhen Should You Call an Attorney
Starting a business
ArticleAdvantages and disadvantages of self-employment
ArticleAsk the Experts - Should I lay off employees from my small business
ArticleBusiness Banking
ArticleChoosing an entity for your business
ArticleDo You Have a Side Business
ArticleFunding a business
ArticleGetting Help from the Small Business Administration
ArticleHiring your first employee
ArticleQualifying for the home office deduction
ArticleRecord keeping for your own business
ArticleRecord-Keeping Software
ArticleShort Checklist for Entrepreneurs
ArticleSmall Business Statistics
ArticleStarting or buying a business
ArticleTax planning for the self-employed
ArticleWorking with Employees
Transferring or selling a business
ArticleTransferring your family business
Tools
Benefits and retirement plans
Business planning basics
Tool2003 numbers
ToolBreakeven Analysis
ToolBusiness Valuation
ToolCash Flow Calculator
ToolChoosing a business entity
ToolCommercial Loan Calculator
ToolComparison of LLCs LLPs and professional corporations
ToolDebt Consolidation Calculator
ToolEquipment Buy vs. Lease
ToolFinancial Ratios
ToolHow C Corporations Limited Liability Companies and Limited Liability Partnerships Protect Personal Assets
ToolInventory Analysis
ToolNet worth calculator
ToolProfit Margin Calculator
ToolWorking Capital Needs
Insurance planning
ToolBusiness life insurance needs
ToolNumber of policies needed with a cross purchase plan
Tax planning
ToolAccelerating deductions/postponing income
ToolAccelerating income/postponing deductions
Transferring or selling a business
ToolHow cross purchase plans work
ToolHow entity purchase plans work
FAQs
Advertising a business
FAQHow can I get free publicity for my business?
FAQHow do I know where to advertise my business?
FAQWhat is the best form of advertising?
Employee benefits and other issues
FAQHow can I boost the morale of my employees without incurring huge expenses?
FAQHow can I find good employees for my business?
FAQWhat are health reimbursement arrangements?
FAQWhat are incentive stock options (ISOs)?
FAQWhat benefits should I offer to my employees?
Home-based businesses
FAQCan I deduct home office expenses?
FAQIf I work at home occasionally, am I entitled to a home office deduction?
Incorporating a business
FAQCan I change my business from a C corporation to an S corporation?
FAQCan I change my business from an S corporation to a C corporation?
FAQShould I incorporate my business?
Insurance coverage
FAQCan I get disability insurance if I'm self-employed?
FAQI own a business. Are there any creative ways I can use life insurance in my business?
FAQWhat is stop-loss insurance?
FAQWhat kind of insurance coverage do I need for my small business?
Noncompetition agreements
FAQI am buying a business. Can I make the seller sign a noncompetition agreement?
FAQMy employer wants me to sign a noncompetition agreement. What is it? Is it legally binding?
FAQWhy does the buyer of my business want me to sign a noncompetition agreement?
Partnerships
FAQHow does a limited partnership work?
Raising capital
FAQCan I borrow money from my wholly owned business?
FAQHow can I raise capital for my business?
Starting a business
FAQDon't most small businesses fail?
FAQHow do I find good advisors such as lawyers and accountants to help with my business?
FAQIs buying a franchise a good way to get into business?
FAQShould I buy an existing business or start from scratch?
FAQShould I buy or lease assets for my business?
FAQWhat are the stages of business development?
FAQWhat should I look for in a business location?
Transferring or selling a business
FAQCan I transfer my business through my will?
FAQHow can I keep my business in the family?
FAQWhat are some financing options for selling my business?
FAQWhat is a buy-sell agreement?
FAQWhat is a family limited partnership, and will it help reduce estate taxes?
Valuing a business
FAQHow can I determine what my business is worth for estate and gift tax purposes?
 

The 360 Degrees of Financial Literacy Web site offers general information for managing personal finances and does not recommend specific financial actions.  For financial advice tailored to your situation, please contact an expert such as a CPA or a personal financial advisor.