Good Financial Reads: Building Stability as a Business Owner

The Unseen Weight of Decision-Making as a Business Owner

by Ryan Kaysen, CFP®, Integritas Financial LLC

Being a business owner is one of the most rewarding yet challenging roles one can take on. No one truly understands what it's like unless they've walked in those shoes. As the owner, you take on all the risks—ensuring the business stays busy and profitable, paying employees on time, and providing benefits that support their families. You’re not just responsible for salaries; you also bear the burden of helping your employees build for retirement, ensuring they can live comfortably in their golden years. The magnitude of this responsibility is immense, and yet, few truly appreciate the complexity of the decisions you make daily.

Small business owners wear many hats, but one of the most difficult tasks is making major decisions that impact everyone who works for them. Each choice—big or small—has consequences that ripple through the organization, affecting employees, their families, and even the business’s long-term viability.

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The Insurance Most Medical Professionals Overlook—Until It’s Too Late

by Ivan Havrylyan, Outside The Box Financial Planning, LLC

You studied for years. Worked through weekends. Traded time, sleep, and sanity to become a medical professional. And now that you’re finally earning a good income, you’re starting to build something: a home, a family, a future.

But here’s the uncomfortable truth:

Your financial life could fall apart with one accident, one illness, or one missed plan. And it wouldn’t be because you didn’t work hard—it would be because you didn’t protect what you worked so hard to build.

Let’s talk about two forms of insurance that too many medical professionals either delay, misunderstand, or flat-out ignore: life insurance and disability insurance. These are the two pillars that quietly hold up everything else. If you get them right, you give yourself and your family a peace of mind. If you ignore them, everything you’re building stands on shaky ground.

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What Is an S-Corp and How Do You Set One Up?

by Michael Reynolds, CFP®, Elevation Financial LLC

If you’re a small business owner or self-employed professional, you’ve probably heard about the S-corporation—often called an S-corp. Maybe a friend mentioned they saved money on taxes after switching to one. Or maybe your accountant suggested it as a next step as your income grows.

S-corps can offer significant tax advantages, but they also come with rules, responsibilities, and deadlines you need to understand.

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Mastering Cash Flow: A Small Business Owner’s Guide to Stability and Growth

by Christopher Stroup, CFP®, Silicon Beach Financial

Cash flow is more than just revenue. It’s the movement of money in and out of your business. Even a profitable business can fail if it doesn’t manage cash flow effectively. Understanding how to forecast, monitor, and optimize cash flow is critical to maintaining stability and fostering growth.

This guide will break down three key areas:

1. How to create and manage a cash flow forecast.
2. What to do if your business runs out of cash.
3. Strategies to improve cash flow during slow months or downturns.

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