Financial Sense Blog

Succession Planning in a Family Business

As baby boomers begin to leave the business world and move towards retirement, it is important to consider the transition of the next generation. This article discusses key questions to consider when creating a succession plan that is right for your business. To view this article, click the following link to access the original content. http://www.northbaybusinessjournal.com/opinion/8188652-181/family-business-succession-planning  

Attracting Website Traffic

Most businesses can attribute success to the amount of traffic their website generates, but actually getting people to your website can be challenging. This article discusses tactics small businesses can use to generate more traffic and ultimately more success. To view this article, click the following link to access the original content. https://www.entrepreneur.com/article/311774  

Disrupting Business as a Startup

As a business owner, being willing to adapt to changes in technology and the business world will pay off in the long-run. This article explains why startup companies should disrupt traditional practices while paying close attention to emerging technology. To view this article, click the following link to access the original content. https://www.entrepreneur.com/article/311566  

An Alternative Approach to Growing Your Business

While most businesses grow by beating out the competition, some businesses have instead created a larger target market that holds more opportunities. This article explains why you should consider a five-step approach to creating new markets instead of challenging with competition. To view this article, click the following link to access the original content. https://www.inc.com/martin-zwilling/5-steps-to-growing-your-business-without-competing.html?cid=landermore  

Tax Tips for Family Businesses

With tax season approaching, it is important for business owners to not overlook the changes in the tax laws. This article discusses some common tax mistakes to avoid if you are a small or family business owner. To view this article, click the following link to access the original content. https://libn.com/2018/03/19/5-tips-for-last-minute-business-tax-filers/  

Tax Preparation for This Tax Season

With the passing of the new tax act, business owners should carefully prepare for the upcoming tax season. This article discusses steps business owners can take to ensure proper tax filings, and the importance of a financial advisor. To view this article, click the following link to access the original content. https://www.entrepreneur.com/article/309716