Business owners need to serve themselves: (business owner's big three ... plus two)

Article Abstract:

A business owner must serve his customers and employees to succeed, but if the business does not earn enough to adequately provide for the needs of the owner and his family, he needs to exit the business or improve its profitability. Though many business owners feel guilty about paying themselves well, they deserve to be paid well so that they could continue their important role in the society.

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Getting serious about key employee retention

Article Abstract:

A common dilemma, faced by family and non-family business owners is of how to retain the individuals that are identified as key. Three types of plans such as Rabbi Trust, Phantom Stock and Stock Options, which would help in rewarding the key employees for their loyalty and thus retaining them with the employer, are highlighted.

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What is long-term care?

Article Abstract:

The need for a business owner to make long-term insurance for family members is addressed. The role and the ways of selecting and finding long term care insurance are discussed.

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