Planning to start your own business? The first thing you’ll need is a business plan. This is an essential document that outlines your business’s goals, strategies and financial projections. It should ...

The primary value of your business plan is to create a written resource that evaluates most aspects of your new business including a description of your target customers and markets, profitability, ...

A business plan is usually made up of several sections: ...

To attract and keep talented employees, it can be a smart move to add a 401(k) plan to your small business. As a result of the SECURE Act, which was passed in 2019, there are now more ...

The most common way for a business to determine the allocation of a profit-sharing plan is through the comp-to-comp method. The formula calculates each employee's share percentage based on the ...