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The Basics of Retirement Planning for Businesses
The Basics of Retirement Planning for Businesses Running a business takes a lot of attention. You are thinking about customers, employees, revenue, expenses, taxes, and plans for growth. With so much happening today, it can be easy to put retirement somewhere on the distant horizon. But retirement planning deserves a place in your broader business…
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Top Reasons Why Small Businesses Fail Without Proper Financial Management
Each year in the U.S., about 627,000 new businesses are created. And, about 595,000 businesses close each year. It’s a bit alarming, isn’t it? The truth is that starting a small business is exciting, but it can quickly become overwhelming if not handled correctly. Many small businesses face obstacles that can be detrimental if not…
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Celebrating 30 Years of KFG
Celebrating 30 Years of KFG: A Journey of Financial Wisdom Thirty years ago today, on July 19, 1994, I started my journey as a financial advisor, founding what eventually became Korhorn Financial Group (KFG). I was young and idealistic, and I wanted to change the world. My dream evolved into being a part of creating…
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Passing the Baton: 4 Critical Mistakes in Business Succession Planning
How to Master Business Succession Planning: Don’t Fumble the Handoff With Team USA’s Olympic trials for Track and Field currently happening for the 2024 Paris Olympics, I am reminded about how fascinated I am with relay races, even though I haven’t run track since junior high. As a teenager, I spent many hours at track…
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