Small Business
and Self-Employed Business Owners Help Center
A 10 Step Guide to Successful Small Business Management
Print out the Step-by-step Checklist
Make your business run better and more profitably
Table of Contents
Ten Building Blocks
to Success:
1. Starting a Business
2. Financing a business
3. Company Name
4. Office Equipment
5. Hiring
6. Business Insurance
7. Advertising
8. Efficiency
9. Pension Plans
10. Succession Plans
Checklist for Success
More Useful Advice:
Resources
Business
Opportunities:
Home-Based
Business
Opportunities
Virtual Call Center
Job Opportunities
Dental Practices:
Buy, Sell, Valuation
Medical
Practices:
Buy, Sell, Valuation
Step 9: Pension Planning
A successful business offers employee benefits. Medical, dental, life insurance, disability
insurance and pension plan are all employees benefits. Business Owners
offer these benefits for two reasons: (1) Helps attract and keep
employees and
(2) The owners of the business (YOU) benefit as well.
So now the business is running smoothly and you start to consider the pension plan. Choosing a plan is important and we can show you which plans are available and under which circumstances you would choose each plan.
The plans shown are recommended for small businesses. All are easy to administer and no cost to design or administer. Other plans, such as 401(k), Defined Benefit, and Profit Sharing Plans involve hiring pension designers and administrators at a cost of thousands of dollars yearly.
Retirement plan limits are based on the 2008 IRS Guidelines
(1) IRA Plan
(2) Simplified Employee Pension (SEP/IRA) Plan
Move on to Step #10: Business Succession Planning.
New
This week:
Virtual Call
Center Jobs
Dental Practices:
Buy, Sell, Valuation
Medical Practices:
Buy, Sell, Valuation
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