Don’t get so caught up in the day to day of your business that you forget to stay focused on your future. A recent study by TD Bank reveled that “More than one-quarter (26 percent) of small business owners are not confident they will have enough savings to retire comfortably.”
“Building a small business is hard work, and it can be easy to get caught up in daily tasks such as paying invoices or increasing sales, but smart business operations need to consider the future, including the retirement of the owner,” said Jay DesMarteau, Head of Small Business Banking, TD Bank. “Just as those in the workforce should invest in themselves through retirement savings, business owners need to have conversations about retirement and prepare for the future to ease the transition, whether that be closing or selling the business or passing it on to family member.”
- Create a BHAG
- Make some Goals
- Create a Plan
- Do small things everyday that will work you towards you big goal.
View Full Survey: https://mediaroom.tdbank.com/2015-05-04-New-Survey-Finds-Small-Business-Owners-Uncertain-About-Retirement-Plan-Finances