By Anahit Baghshetsyan & Geoffrey Lawrence Nevada Policy Research Institute In 2021, Congress passed the Corporate Transparency Act (CTA) as a new component of the National Defense Authorization Act. This new law aimed to strengthen the surveillance power of the Treasury Department with the nominal goal of rooting out financial support for terrorism, drug trafficking … [Read more...] about Protecting Small Business
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Small Business Succession Opportunities
Small businesses grow through the ingenuity of their owners. An owner’s pride in a flourishing business can make identifying and implementing a succession plan difficult, but addressing succession planning can prevent disastrous outcomes. Recognizing The Result Of Failure To Plan. Many owners fail to plan for the inevitable life changes – retirement, incompetency, and death – … [Read more...] about Small Business Succession Opportunities
Affiliated Small Businesses: Tools for Success
For those thinking about opening a small business in this economic climate, it may seem like a daunting road ahead. First, do the homework. It is important to research the product or service provided to the consumer. Small businesses that thrive provide consistency in their product or service, which makes it easier to replicate – why reinvent the wheel when it isn’t … [Read more...] about Affiliated Small Businesses: Tools for Success