Sentences with phrase «sole owner of a small business»

If you are the owner of a sole proprietorship business or the sole owner of a small business, you are already an «authorized officer.»

Susan Swanson is the sole owner of a small business and buys key person life insurance on Chris Smith, who has been the company's leading salesperson for several years.

Not exact matches

Among the small business owners also named in the case are Dana Grimes, owner of Premier Renovations, a home contracting service in Greenwich, New York; David Klemencic, who sells flooring through his West Virginia - based company, Ellenboro Floors; and Timothy Thompson, the sole proprietor of Thompson's Automotive, a repair shop in North Ashland, Ohio.

That said, business owners view executives and government employees as more unfairly advantaged than professionals, while professionals are more likely to be seen as having unfair advantages than sole proprietors and the owners of small stores or service businesses:

Only about one - in - ten non-owners perceive unfair advantages for sole - proprietors (12 %) or owners of small businesses (9 %).

Because of its high contribution levels, flexible investment options, and relatively easy administration, the Self - Employed 401 (k) is an attractive option for small - business owners or sole proprietors who want to be able to save aggressively for the future.

It is especially valuable to small business owners, sole proprietors, self - employed and professionals since they often have to borrow large sums of money for their businesses.

I am a small business owner and sole director of my company.

And while small business owners may be tempted to rely on the success of their business as their sole source of income and retirement savings or only diversify their portfolios among stocks and bonds, there are other options they should consider to secure their retirement savings in today's market.

Small business owners of sole proprietorships, LLCs, S - Corps, and partnerships, who are paying a share of the business» taxes through their own individual tax returns may be eligible for a 20 percent deduction.

Small business owners have several choices of business structures, including sole proprietorships, corporations, and LLCs.

Although the full name of this type of retirement account can be deceiving for a sole freelancer, a SEP IRA is designed for both small business owners with employees as well as independent freelancers.

However, if you are a sole - proprietor or part - owner of a small business that required you to make a large personal investment, having a business insurance policy is a very good idea.

If you're a small business owner and you operate in your own capacity — in other words, as a «sole proprietorship» — you are personally liable for all of the debts and obligations of the business itself; if your business fails, you go under with it.