Small businesses play an integral role in the American economy and are often considered the backbone of the U.S. In fact, 90% of our country’s businesses are small businesses. Small businesses account for 21% of all manufactured exports in the United States and 52% of all sales in the U.S. While many small businesses were struggling just a few years ago, most are faring much better today. If you have ever thought about starting a small business of your own, perhaps now is the time to do it. It is certainly no easy feat, but the rewards of owning your own business, and knowing that you started it all on your own, make it worth all of the blood, sweat and tears. For those who are ready to take the leap into starting up their own small business, follow this advice to help you get started:<
Archive for August, 2014
If you are in the market for a new investment product, and you’ve already invested in bonds, commodities, and exchange-traded funds, you may want to consider buying annuities to improve your financial standing.
What are annuities? These are insurance contracts between you — the buyer — and an insurance company that comes tax free until you withdraw the money. An annuity requires the insurer to make monthly payments to you once you’ve hit a certain age (usually 65). These payments are either in the form of an annuity lump sum payment or are paid out in a series.
Why people are buying annuities: People are buying annuities to help them manage their income during retirement; they want a better, more practical form of monthly income instead of r