Small Business Spotlight: swët Fitness

May 25th, 2023 by Legacy Wealth Planning

What inspired you to start your own business? Opening up swët Fitness has always been a dream of mine dating back to my military days. The dream has been refined over time, as I’ve changed as well! I dreamt of opening a business that could help make people’s lives better.  My kids are my everything […]

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Those that choose to invest in the education of a family member, friend or acquaintance are investing not only in that individual’s future, but also the future of society. It is an act of generosity, forward-thinking, and love. However, this type of investment can be more complicated than initially thought. Which plan should you choose […]

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The Importance of Setting Career Goals

May 17th, 2023 by Legacy Wealth Planning

We all want to grow in our careers; after all, no one wants to be stuck in the same job for years and years. But in order to achieve any type of professional success, we must continually push ourselves and develop our skills. How do we do that? Set goals. Consider these goal-setting strategies. Define […]

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Why Business Owners Need Financial Planning

May 5th, 2023 by Legacy Wealth Planning

If you’re a business owner, you are likely the Chief Everything Officer at work and have many responsibilities. A business owner’s situation is unique since they are asset-rich and cash-poor since their wealth is in their business-literally. Regardless of the income a business generates, the ages of the owners, or how many employees it has, […]

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May the 4th Be With You: 4 Money Lessons for Becoming a Financial Jedi Master

May 3rd, 2023 by Legacy Wealth Planning

When it feels like the galaxy’s forces are all working against you when it comes to your finances, fighting back may seem incredibly daunting. However, becoming a financial Jedi Master is not as hard as you think. Here are four money lessons that may help you gain wisdom, perspective, and possibly some mastery of your […]

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A Tough Times Survival Guide for Small Businesses 

April 30th, 2023 by Legacy Wealth Planning

Small businesses may often find themselves struggling, and there are many situations in which business owners may find themselves weathering a storm and hoping to make it through. While the strength and fortitude of those who run small businesses can be an asset in helping them succeed when times are rough, there are a few […]

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The Importance of Small Businesses

April 26th, 2023 by Legacy Wealth Planning

May is Small Business Month and we here at Legacy Wealth Planning thought it would be proper to review the incredible benefits and opportunities Small Businesses provide our northern Nevada economy; community.  Let’s digress about 30 years when the Partners of LWP were individual Financial Advisors; small businesses if you will.  As each partner’s business […]

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5 Stress Management Secrets to Avoiding Business Owner Burnout

April 25th, 2023 by Legacy Wealth Planning

Starting a company from scratch can be stressful, no matter how well-prepared you are. Many entrepreneurs can be vulnerable to burnout, which can quickly turn a dream business into a nightmare. What can business owners do to reduce stress and avoid losing their zest for entrepreneurship? Check out these five helpful tips below. Set Boundaries […]

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Why Greening Your Business Might Make Money

April 25th, 2023 by Legacy Wealth Planning

In response to mounting public concerns about global warming and other forms of environmental damage, many companies are launching initiatives to “green” their products, services, and operations. But whether or not you agree that taking steps to reduce your company’s carbon footprint is the “right thing” to do – adopting environmentally friendly practices can lower […]

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Bank Alternatives for Diversifying Cash Holdings

April 25th, 2023 by Legacy Wealth Planning

As a business owner, you may have heard about the recent failures of Silicon Valley Bank and Signature Bank. These two events highlight the importance of diversifying your cash holdings and exploring bank alternatives for operating cash balances exceeding $250,000, which is the maximum amount covered by the Federal Deposit Insurance Corporation (FDIC). Here are […]

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