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    1. Your Business Needs a Succession Plan: Here Are the Basics
      In Part 1 and Part 2 of this series on selling your business, we’ve examined the questions facing owners who entered 2020 ready to make their move, breaking down how the COVID-19 pandemic changes the situation and how to increase a business’s value if you decide to delay bringing it to market. There’s another way forwa
    2. Common Financial Mistakes to Avoid
      Just as to-do lists can be a key part of planning, do-not-do lists can be helpful reminders to avoid mistakes that others have made.1.Impulse
    3. The Difference Between Revolving Credit vs Line of Credit
      Revolving Credit vs. Line of Credit: An Overview Revolving credit and a line of credit are financing arrangements made between a lending institution and a business or an individual. The lender provides access to funds that the borrower can use at his discretion; it's like a flexible, open-ended loan. In fact, a revolvi
    4. 5 Ways to Squeeze Every Penny Out of Your 401(k)
      Used well throughout your career, your 401(k) plan can help you reach millionaire status by the time you retire. If you really put your mind to it and effort behind it, you might even be able to blow past that level. The thing is, though, that while the basic concept behind the 401(k) is simple, getting the absolute mo
    5. 6 Little-Known Perks of Filing Taxes Jointly
      Welcome to a new year and a new tax season. For married couples, you have the option of filing separately or filing taxes jointly. Which route you
    6. 6 Things Women in Business Should Know About Success EDIT
      Source: First Midwest BankSubject: First Midwest EDITHed: 6 Things Women in Business Should Know About SuccessWhile every woman will have a unique journey on her way to launching a business or becoming the boss, the truth is, when it comes to success, there tend to be some overlapping factors, and one thing is abundant
    7. 7 Smart Things to Do With Your Coronavirus Stimulus Check
      Whether you've already received your coronavirus stimulus check or are eagerly awaiting it, having a plan for the money is important. COVID-19 payments total up to $1,200 per adult and $500 per eligible dependent child, so many households are getting a large sum that could make a big difference in their finances. What
    8. 9 ways to withdraw money early from your IRA - without paying a penalty
      The IRS allows penalty-free early withdrawals from traditional IRAs in certain circumstances, called hardship provisions. Hardship provisions spare you the 10% penalty, but not taxes, on the withdrawn sum. IRA early withdrawals that can be penalty-free include expenses for healthcare, college, childbirth, and a first h
    9. A 6-point leadership playbook to get through the coronavirus crisis
      David Demarest knows a thing or two about operating in high-pressure, high-stakes environments. Beginning in 1989, Demarest spent four years as White House Communications Director for President George H. W. Bush, working directly with the president and the Cabinet during a period that saw the dissolution of the Soviet
    10. A Midyear Legal Checkup For Small Business Owners
      Too often, entrepreneurs take a reactive approach to reviewing the legal aspects of their business. But that can lead to avoidable liability risks, missed opportunities, and a less-than-ideal tax scenario. When business owners adopt a “don’t fix it unless it’s broken” mindset, they may not recognize ways they can impro