Ten Tips For Planning a Successful Business

  1. Start early.
  2. Obtain a group of trusted advisors and ask them questions.
  3. Have an open and honest dialogue with business partners.
  4. Know your goals.
  5. Devise an exit strategy.
  6. Incorporate your business and obtain the necessary licenses.
  7. If applicable, ensure your business.
  8. Insure yourself (life, disability, and long-term care) and your business partners (life and key-person insurance).
  9. Have a personal estate plan in place.
  10. Have fun.

If you have any questions about your current business structure and are located in Philadelphia, Montgomery, or Delaware County, please contact us.