Split Dollar Critical Illness: Would You Play the Lottery if you were Guaranteed to Win?

I’ve had some interesting discussions over the years with Business Owners about insurance in general. I’ve often heard, ” it’s expensive”, “it rarely pays out”, “nothing is going to happen to me”, “I’ll self-insure instead” (I didn’t say they were all sound arguments). Whatever the argument, no one really wants to buy insurance unless they know they will get sick. … Read More

The 8 Things I Wish I Knew About Starting a Business After Divorce

Starting a business after divorce

There are several reasons for wanting to start your own business. Some do it for autonomy and flexibility. Some do it for personal challenge and development. Some will entertain it because it is the next logical step in their career. Some of them always had an unsatisfied urge to be their own boss. Some have had a hard time finding … Read More

Are You One of the 65% of Business Owners Making This Financial Mistake?

healthspendingaccounts

I talk to at least a dozen business owners a week.  The crux of our conversations is around how they may want to look at the finances within their businesses a little differently.  It could be about items that could be legitimately expensed but aren’t, getting money out of their businesses tax effectively, how they can use their business to … Read More