February 3, 2022
As the business world evolves, technology is taking a much larger role in the business owner’s daily life. In many ways, this has created incredible opportunities for growth and innovation. But very few things in life come without a downside. With the conveniences and capabilities that technology brings, come new threats. It seems that data breaches have become a regular occurrence. This causes lots of undue stress and can lead to thousands (if not hundreds of thousands) of dollars in expenses, as well as lost trust from your clients. That’s why cybersecurity has become an absolute necessity for business owners. I recently sat down with an industry leader to discuss this topic and now, I’m going to share what I’ve learned about cybersecurity for small business owners.
December 8, 2021
At some point, each one of us will retire. This is true of every trade and profession, employee and business owner alike. However, as business owners, there are some risks that you must address. But to do so, you must also be able to differentiate the truth from myth. I recently took a hunting trip to Idaho with some fellow business owners and kept hearing some of the myths around retirement creep into our conversations. That’s why I decided to speak with my dear friend and colleague, Mr. Jeff Jeter CFP®, ChFP®, CEPA® about the risks and myths of retirement. Join me as I share the nuggets of wisdom gleaned from our conversation and uncover the truth about retirement risk and the myths business owners believe.
October 3, 2019
In my last article, we delved into basic trusts. We defined what they are, and how each type is used. Well, in this follow-up article we dive into the weeds, so to speak. This article is an exhaustive list of the most common types of trusts, and will take you from A-Z, as we discuss the thirty-nine — yes, you read that correctly — types. So strap in as I make all these trust types that can be used in your financial planning, financially simple.
October 1, 2019
As business owners, so much of our time and effort is poured into making our businesses successful. You plan for every possibility and eventuality, mitigating risk while maximizing value. You pour so much of yourselves into the business side of your lives, but do you take as much care with your personal effects? Think about it, if you put so much thought into protecting your business, shouldn’t you put at least as much thought into your personal lives? Over the last few weeks, I’ve discussed the importance of estate planning. As I continue digging into the topic, I’d like to take some time to understand nine different types of trusts. Trusts are a crucial part of managing your estate, so let’s take a few moments to get to know them.
September 19, 2019
In my last post, I uncovered some of the mystery about individual health insurance. With physicians’ fees, cost of treatment, and time lost due to illness, healthcare costs can add up quickly. So it’s vitally important as a business owner to protect yourself and your employees from these expenses as well as to provide them with the care they need to rebound as soon as possible. Just like individual health insurance, group plans can be confusing and are often vague in their pricing. It’s my goal to provide you with the group health insurance information that you need to make a confident and informed decision for your business’ needs.
September 17, 2019
Recently, I had the opportunity to sit down with a friend of mine to discuss health insurance. Admittedly, this is one of my least favorite insurance subjects just because it is so unclear. Individual plans are often confusing in their pricing, while group plans are rarely a “one size fits all” option. It always seems that no matter which type of plan you choose, someone is unhappy. However, individual health insurance is a vital piece in your business’ risk management puzzle. With that in mind, let’s unwrap the confusing world of individual health insurance.