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How to Create a Framework for Succession Planning In this second article of our succession planning series, we’ll delve into one of the most critical tasks for business owners: establishing a framework for effective succession. Our first public… Read More

Introducing Our New Series: Succession Planning for Business Owners According to a JP Morgan Wealth Management Report, only 35% of businesses in the US have a formal succession plan in place. What about the remaining 65%? Many business owners mistake… Read More

Evaluating the Success of a Qualified Profit-Sharing Plan This journey began with an informative introductory article into the world of profit-sharing for business owners and managers. Since then, you’ve embarked on a journey through eight enli… Read More

Here’s an engaging story inspired by a true case to answer a key question for successful business owners: Is a customer’s electronic signature binding if the customer was not given enough time to review the contract? The Deal That Closed Too… Read More

Designing a Qualified Profit Sharing Plan: Key Factors and Best Practices It has been a journey of knowledge and growth, and we are delighted to have you with us as we approach the end of our profit-sharing series. In our previous article, you learne… Read More

Tax Implications of Qualified Profit-Sharing Plans for Businesses We are now approaching the homestretch of our profit-sharing journey. It’s been an enlightening experience learning how profit-sharing plans work and how business owners can use… Read More

Non-discrimination Rules for Qualified Profit-Sharing Plans We’re thrilled to have you back for another installment in our series on profit-sharing. In our last piece, you understood the basics of integrating profit-sharing plans with 401(k) progra… Read More

Cease the Paperwork: Nationwide Reversal of FTC Non-Compete Rule Just days before its intended implementation on September 4, 2024, the FTC’s comprehensive ban on non-compete agreements has been struck down by a federal judge in Texas. In her detai… Read More