What You Should Know When Buying Term Life Insurance

Is term life insurance for you? If you’re considering buying life insurance as a small business owner, you may not be aware that there are two types, term and permanent. Term life insurance is typically cheaper than permanent life insurance because permanent life insurance accumulates cash value* that you can access during your lifetime. Term life insurance does not have

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Common Leadership Mistakes to Avoid as a Small Business Owner

While there are fewer small business owners to run within a small business, managing staff is just as important as in larger businesses. Small businesses typically do not have Human Resources (HR) departments, therefore the responsibility of managing a team often falls on a manager or the entrepreneur whose expertise is in a different area. As a result, a few

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Top 3 Reasons You Should Carry Life Insurance as a Business Owner

Can you believe that the holidays are already here? The holidays are a time filled with laughter and cheer, but they’re also a time of forward-thinking and planning. As a business owner, it’s the appropriate time of year to review your life insurance. When you’re beginning your 2020 New Year planning, don’t forget to add life insurance into your plans.

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Marketing Your Business on Small Business Saturday

3 Tips To Make Your Small Business Saturday More Successful If you’re a small business owner and not celebrating Small Business Saturday on November 30th, you’re missing out on a great opportunity! Held on Saturday after Thanksgiving each year and spearheaded by American Express, Small Business Saturday launched in 2010 as a day to support small, local businesses nationwide. The

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SBA 7A Loan: How Does it Work and How Do You Qualify?

If you’re a small business owner, or intend to be one, and are not familiar with the SBA then it’s time that you familiarize yourself. The U.S. Small Business Administration, or SBA, was founded in 1953 as an independent agency of the federal government and helps business owners start, build, and grow businesses. Since its founding, the SBA has delivered

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Understanding Why You Need Life Insurance for Personal and Business

Did you know that September, is “Life Insurance Awareness Month”? As a small business owner, it’s important for you to understand the life insurance options that are available to you. It’s equally important to not only carry a life insurance policy for your business, but to also carry one personally. Check out these 3 reasons The Bailey Group has identified

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Does Your Business Have a Plan?

The importance of quarterly business plans You may know what a business plan is, but do you have one or know why it’s important to your business? Some don’t see it as a necessity, but it can be one of the most important assets to your business. The Bailey Group has identified three reasons why quarterly business plans are important

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Top Areas on “When to Outsource” in Your Business

We get it. You have a million things on your plate, and it seems like there are never enough hours in the day. How many of those tasks that you’re overseeing REALLY need to be managed by you and how many could be managed by a qualified professional? We have provided our superhero tips on “outsourcing” to help you in

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Prep Your Business for Summer

When Should You Start Preparing for Slow Season? Summer is known to be slow season for several businesses. Between kids being out of school, summer travel, and the enjoyable weather; there are many factors that keep people from patronizing businesses they would normally visit. There are steps you can take to prepare ahead of time for slow season and minimize

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