5 Questions Every Business Owner Should be Able to Answer in 5 Seconds or Less

Own a business?

If so, you should be able to answer each of these questions in 5 seconds or less.

Don’t know what a question is asking? Time to consult a professional.

Have questions? Feel free to contact us.

Do you know your company’s structure with the Secretary of State and the Revenue? (They are not the same)

Do you have a separate account for your business and personal income and expenses? Do you comingle funds?

Do you have a succession plan?

Do you carry business insurance, including cybersecurity insurance?

Do you have written and signed contracts with all employees, independent contracts, partners, vendors, suppliers, etc.?