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Small Business

As a small business owner, you have countless responsibilities. That’s why we’ve assembled a library of resources to help you with decisions regarding employee benefits (including SEP and SIMPLE IRAs), insurance, succession planning, tax deductions, asset protection strategies and more.
Business owners developing goals for their five-year business plan

How & Why to Build a 5-Year Business Plan for Your Company

If you don't have a five-year business plan yet, here's what to consider.
Business partners review a buy-sell agreement

What Is a Buy-Sell Agreement?

A buy-sell agreement is a contract between business co-owners that determines how and when their business interests are sold or transferred.
Members of the management team have a discussion about key person insurance

What Is Key Person Insurance & How Does It Work?

Key person insurance helps provide a death benefit to businesses when an owner or other key individual passes away or becomes disabled.
Two business partners work and discuss how to transfer business ownership

How to Transfer Business Ownership

Small business owners have a lot of decisions to make about their business, and one of them might be transferring ownership.
A bakery owner and employee walking through their new small business 401(k)

How to Set Up a Small Business 401(k): A Step-by-Step Guide

There's a lot to consider before setting up a 401(k), but getting started might be simpler than you expected.
Female smiling after purchasing life insurance for business owners

Life Insurance for Business Owners

If you're a business owner, life insurance could help protect your business and your family.
Businesswomen having meeting to discuss employee benefits for your business sep or simple iras

Employee Benefits for Your Business: SEP or SIMPLE IRAs?

The right employee benefits can help attract (and keep) top performers, but which ones are right for your business? Learn about SEP and SIMPLE IRAs.
Small business owner standing at register after buying a small business

Buying a Small Business: 6 Considerations to Keep in Mind

Typically, buying a small business is complicated. Here are six considerations to keep in mind as you do your research. 
A small business owner in the doorway of his store considering small business tax deductions

Small Business Tax Deductions: What Counts?

Here are some of the tax-deductible expenses and small business tax breaks.
Cafe owner looking up "what is a SEP?" on his tablet

What Is a SEP Account? 

Offering a SEP retirement account may help you attract and retain employees — and help increase your own retirement funding as a business owner.
Small business owner and employee discussing employer open enrollment

Employer Open Enrollment 101 for Small Business Owners

As a small business owner, it's important to understand the logistics of open enrollment and what it means for your employees. 
Advisor talking employees through finances as part of an employee financial wellness program

How an Employee Financial Wellness Program Could Benefit Your Small Business

Promoting your employees' financial well-being could come back around to help improve your business's success.
Small business owner at work after conducting an end-of-year business finance review in his workshop

How to Conduct an End-of-Year Business Finance Review

Taking some time to look back at your business's financial performance over the last year can help you plan for future growth.
Group of friends discussing how to outsource small business employee benefits

How to Outsource Small Business Employee Benefits

Understanding the basics of employee benefit outsourcing will help you make the right choice for your business.
older business owner discusses with two colleagues the process of selling your small business

Selling Your Small Business: How to Prepare & Maximize Your Value

Small business owners should start preparing for a sale well ahead of time. Here are some ideas to help you begin your path.
woman at desk talks to client on phone as she considers daily implications of owning a small business

Owning a Small Business: 5 Day-to-Day Implications to Consider

As a small business owner, you've got your eye on the enterprise's big-picture mission and values — but don't let the daily details trip you up.
father discusses business succession planning with his son in their family-owned barber shop

Business Succession Planning: A Guide to Passing On Your Small Business to the Next Generation

Identifying the best candidate for business succession and seeing the transfer through takes time. Don't wait to get started.
café owner ponders his small business financial planning decisions as he cashes out female customer

4 Small Business Financial Planning Tips

Don't let your day-to-day operations prevent you from planning for your business's financial future.
shop owner uses tablet and considers hiring independent contractors to reduce her small business taxes

Independent or Not? How Worker Status Affects Small Business Taxes

As a small business, you may need some part-time help. But have you considered independent contractors?
father cuts grapes with son and explains succession planning of turning over the family vineyard business

Smart Succession Planning for Small Business Owners

You've watched your business grow and thrive over the years, but do you have a plan in place for tomorrow? Learn how succession planning could help.
café owner takes customer’s credit card and thinks how to maximize his small business tax deductions

Are You Taking Advantage of Small Business Tax Deductions?

As the owner of a small business, you likely have many financial goals. Learn how small business tax deductions could help you reach them.
man researches business valuation methods online in his shop to answer: what is my business worth?

What Is My Business Worth? 4 Small Business Valuation Methods

For small business owners, a valuation could offer many benefits — but it may be difficult to know where to start. Learn about four valuation methods.
young woman works on laptop amid plants and plans to start her own small business as a florist

Are You Interested in Starting a Small Business?

Choosing between a traditional 9–5 job and starting your own business can be difficult, but exploring some of the key considerations could help.
Female small business owner top 5 asset protection strategies business owners

Top 5 Asset Protection Strategies for Business Owners

Running your own business may be a long-standing dream of yours — and the right asset protection strategies could help keep that dream alive.
middle-aged small business owner researching types of small business insurance on laptop at his desk

Types of Small Business Insurance to Help Protect Your Company

Starting a business can be rewarding, but also risky. Here are some ways you can help protect yourself and your enterprise.
male coffee shop owner smiles inside his cafe and plans to build a quality employee benefits package

How Small Businesses Can Build an Attractive Employee Benefits Package

For small-business owners, a competitive employee benefits package provides many benefits. Learn how you could build one for your business.
male business owner explains to female colleague why he funded his business launch with cash value

Why I Funded My Business Launch With Cash Value

Life insurance has many benefits, including cash value. Learn how one man used cash value to help him launch his business.
man working in warehouse thinking about how help protect your business against loss of key employee

How to Help Protect Your Business Against the Loss of a Key Employee

Many small businesses depend on key employees to keep things running smoothly. Learn how you could help protect your business against a loss.
female business owner runs staff meeting after analyzing the key financial priorities of her company

Key Financial Priorities to Help Keep Your Business on Track

As a small-business owner, you may feel like a circus ringmaster. Explore critical financial priorities to help keep your business on track.
older businessman understands business protection strategies and leads his employees in a meeting

Stay Fiscally Fit With These Business Protection Strategies

Are you a business owner? Explore these strategies for keeping your business fiscally fit for years to come.
young man works in his sunny studio and considers five key questions before starting a business

Starting a Business? Ask Yourself These 5 Questions First

Do you dream of being a business owner? Ask yourself these five questions that could help you open for business in no time.