How to Finance a Small Business

One of the most challenging aspects of starting a small business is financing. A new business requires initial capital for equipment and supplies, advertising, rental of office or warehouse space, and possibly the hiring of employees. In addition, there are certain fees that need to be paid, the … [Read more...]

What Is a Limited Family Partnership?

A limited family partnership can be an ideal way to pass a family business on to the next generation, and therefore ensure both that it continues and that ownership remains within the family. There are drawbacks and limitations, however, and you must be careful in setting up the FLP to do so … [Read more...]