Myth: Entrepreneurs are risk takers.
The Truth: The derivation of the word “entrepreneur” includes the concept of ‘risk-taking.’ And many people assume that entrepreneurs (small business owners) are risk-takers. Like the late Evil Knievel who cheated death many times before his recent (November 2007) death at age 69.
But look carefully at this assumption. What kind of risks does a new business owner take that the “average” person working for a company not take? Well, you could lose your company if you don’t do a good job of managing cash flow and getting in customers/clients. So, …read more

You weren’t surprised, I’m sure. As small business owners, you and I are definitely concerned about paying for health care. The smaller the business, the less cash flow is available to pay for benefits.  And costs continue to rise with no end in sight.
A November survey by the National Association of Professional Employer Organizations (NAPEO) found that:

Health care costs increased more than 10 percent for over half of the small businesses surveyed.  About 40 percent of the businesses responding said the increase was about the same as last year. Small consolation there.
About 40 percent of companies said …read more