Contribute the maximum allowed to a qualified retirement plan. The limit for contributions from both employer and employee — you’re both if you own the business — has increased again. As an added bonus, get tax benefits on both the personal and business side.
Consider wellness. Financial and health wellness benefits are becoming more common in the workplace. If you spend long hours working like most business owners do, you’ll benefit as much as anyone from help in these areas.
Take a break. You’re not a machine, so take time off to recharge your batteries. You’ll be more productive when you return.
The information and opinions contained in this web site are obtained from sources believed to be reliable, but their accuracy cannot be guaranteed. The publishers assume no responsibility for errors and omissions or for any damages resulting from the use of the published information. This web site is published with the understanding that it does not render legal, accounting, financial, or other professional advice. Whole or partial reproduction of this web site is forbidden without the written permission of the publisher.