We hear a lot about the importance of saving for retirement, and this applies whether you’re a salaried employee or the owner of a small mom-and-pop store that’s been in your family for years. Yet a surprising number of small-business owners aren’t preparing adequately for the future. According to Manta, one-third of small-business owners don’t have a retirement savings plan in place.
If you own a small business, it’s critical that you establish some sort of long-term plan, whether on your own, or with the help of a trusted financial advisor. Here are a few ways to get started.