If you’re looking to make some extra money on the side by starting your own business (even while working another job), don’t get caught up in all the hype about developing an elaborate, complicated business plan. While a writing a small business plan can certainly help, it’s no guarantee of success. Making your small business work really boils down to identifying and focusing on these 3 simple elements:
Finding a good small business 401k plan for you and your employees can be daunting. Nearly every financial company offers some kind of option now, and financial advisers are clamoring for your business. But how do you know if you’re getting a good deal? What does a good 401k plan look like, and where can you find one? This guide will give you tips on finding the best small business 401k plans along with three suggestions for good 401k plan administrators.
4 Factors for Finding a Great 401k Plan
To start, here are four factors you should consider when trying to select the best small business 401k plan:
My wife and I spend less than $225 per month on food (groceries and restaurants) on average. This comes out to less than $4 per day for each of us. We’re not malnourished. We don’t clip coupons. And we don’t feel deprived. How do we do it? These 10 tips form the basis of our plan. Use them and you’ll be eating cheap and healthy in no time!
1. Eat Out Less Often
If you want to eat as cheap as we do, you’ve got to stop eating out. I’d estimate my wife and I eat out maybe twice a month. And I’m including ordering out a pizza. The markup on restaurant food – fast or otherwise – is enormous. And it’s generally unhealthy to boot!