You are currently viewing Five Forward Thinking Tips To Ease Financial Stress For Business Owners

CEO Prosperwell Financial, Wealth Advisor RJFS.

As a business owner, things can often be overwhelming. The best thing about being a business owner is that you own your own business; the worst thing about being a business owner is you own your own business. The financial strain that often comes with owning a business can be one of the most overwhelming aspects.

Here are five tips you can use to ease the stress of your financial reality so you can do what you do best: run your business.

1. Have a retirement plan. You can set up a SEP IRA, SIMPLE IRA, 401(k) plan, profit-sharing plan, defined benefit plan or a single 401(k) for your business to help you and your employees. In my experience, most business owners start with the SEP IRA. This is where you are able to put up to 25% of

Keep reading this article on Forbes Small Business.

Leave a Reply