by Michael Eckstein | Sep 25, 2021 | Savings, Wealth
How to start saving for retirement (as a business owner) Saving for retirement is much harder for business owners than regular old employees. When saving for retirement, all employees have to do is sign 401k paperwork with HR, set a contribution amount, and pick from...
by Michael Eckstein | Sep 18, 2021 | Savings
Different kinds of emergency funding The best time to plan for an emergency is when things are going well. That’s when you have a clear mind, time to really think thru your plan, and won’t be pressured into making snap decisions. You don’t need to...
by Michael Eckstein | Sep 11, 2021 | Accounting
‘Profit’ can mean different things to different people One of the biggest problems when trying to understand small business accounting & finance is the terminology. The rules that define accounting (yeah, there’s rules. They’re called GAAP...
by Michael Eckstein | Sep 4, 2021 | Cash Flow
A (very) basic order of operations for paying yourself from your business Small businesses grow in stages. In the beginning, there’s a clamoring for personal financial stability (aka you gotta earn enough money to buy food and pay rent). In that stage, the most...
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