Wealth Creation for Small Business Owners: 75 Strategies for Financial Success in Any Economy
Book Details
Description
“Wealth management . . . is not often at the forefront of a young entrepreneur’s mind. But with some careful planning you can ensure that you are flush for the future.”
?Dominic Preston, GrowthBusiness.com
Millions of small business owners are sitting on a gold mine and don’t realize it! Your enterprises can be tools for creating extensive personal wealth?assets not tied to your businesses. Certain little-known small business laws allow entrepreneurs to use business tax systems to build retirement funds, maintain good health care and insurance, and hold on to family assets. Now, using easy-to-grasp strategies, lawyer and professor James E. Cheeks demonstrates how to legally:
- Shelter business profits from tax
- Decide who should hold business assets
- Withdraw business profits when needed
- Protect assets from creditor claims
- Create and preserve family wealth
There’s a clear path to riches . . . and this valuable guide leads the way.
