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The Importance of Reassessing Insurance Coverage for Business Owners
Insurance is crucial for any business. Business owners may find themselves in a difficult situation without proper coverage if they suffer building damage or face a lawsuit. While obtaining adequate insurance for your company is critical, knowing when to reassess your...
A Bear Market Is Officially Here
A bear market is officially here thanks largely to stubbornly high inflation. For many of us, it has probably felt like a bear market for a while now, but the S&P 500 Index didn’t close more than 20% below its January 3 record high until Monday. Tech stocks are...
Employee Life Insurance May Hold the “Key”
If your key employee significantly contributes to the success of your business, have you considered how losing such an employee could impact your operations? Key employee life insurance can help prepare your business for possible financial consequences of a key...
Bull Market Hangs by a Thread
The bull market that began in March of 2020 came dangerously close to an end. From March 23, 2020 through January 3, 2022, the S&P 500 Index gained 114% (excluding dividends). From that January 3 closing high through the recent low on May 19, the S&P 500 fell...
Taking on Unpaid Interns – A Win-Win for Your Business
In response to the lingering impact of the COVID-19 pandemic and a challenging economic climate, many businesses may have to consider trimming their hiring budgets, even as large numbers of students, recent graduates, and other people with attractive qualifications...
Defined Benefit Plans – An Attractive Option for Small Businesses
Defined benefit pension plans may still be an attractive retirement benefit option for small employers. This is especially true for small business owners who have been too busy growing their businesses to plan for their retirement. Because of their late start, they...
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