Tax Planning Time
Now is the ideal time to schedule a tax planning session. Your 2017 tax return outcome is still fresh, and it's early enough in the year to take advantage of the numerous tax law changes taking place in 2018. Here's a brief overview of some of the new tax issues that you need to plan for now.
It’s Postcard Time
BUT...before you start sending postcards and ads all over town, there are still some more steps you need to address.
Target Date Fund - My Retirement Plan: A Look Under the Hood
Rather than choosing a mix of stocks and bonds to create a diversified portfolio, you can select a single fund designed to have the right combination of assets based on when you plan to retire — your "target date."
How do I know if I have this option available?
The Risks and Rewards of Entrepreneurship
Window cleaning professionals who own their own businesses often earn great rewards for their hard work, but they also face risks that regular employees don't. From disasters to unpaid invoices, to legal issues and retirement... entrepreneurship isn't for everyone. Some days you may lose sleep thinking about how tight financially the winter will be. Then it’s not over when you wake up to tackle the spring season. With the stresses and responsibilities, you might not get a good night’s sleep until summer. So is it worth it?
Preparing to Sell your Business
You are, no doubt, a skilled professional window cleaner. But as a business owner, you have also invested a significant portion of your life building and maintaining the business…not just cleaning. Rightly so, you probably have an emotional attachment to it. So, to say goodbye in a sale it may feel like you are losing a member of the family and if those emotions are left unchecked, they can have a real dollar impact on the outcome of your business sale. As much as possible, you need to find ways to remain objective, making a good business decision.
Ok you have made some money in your business now what. This section of the magazine will highlight everything money form the start to retirement.