Tag Entrepreneur

Did you know more than 40 percent of permanent employees lack access to an employer-sponsored retirement plan? Sadly, this has led to many retirees experiencing a tremendous decline in their living standards in their retirement. As such, not only is it vital to plan for your own retirement as an entrepreneur but also to help your employees to plan for their future.

There are lots of compelling reasons why you should start a retirement benefit plan for your employees including an increased chance of retaining and attracting qualified employees. Also, some retirement plans offer tax advantages for your business as well as for the employees.

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Many entrepreneurs and startup founders have great ideas; however, first-time founders often lack knowledge about finances, investment, and lack a strong network. Ambitious founders who want to succeed with their new startup, sometimes feel overwhelmed when confronted with new and unfamiliar vocabulary such as “incubators and accelerators.”

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Most entrepreneurs and creators get their start by asking a straightforward question, “how do I start a business?” Starting a business requires careful planning, risk tolerance, dedication, and vision. Working with the right business lawyers can make it easier. Once you have determined an initial idea for your business, it is essential to thoroughly evaluate the market in which you will be operating (if there is one), and discover how you can best contribute to, or disrupt it with, your business idea.

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