February 19, 2018  
 
Gaebler.com is a daily online magazine covering small business news. We help entrepreneurs transform ideas and innovations into greatness.

Small Business News for Entrepreneurs

 

Small Business Finance News

 

Small Business Owners Benefiting From Benefit Packages

Written by Ken Gaebler
Published: 12/16/2010

Dedicated Benefit Services survey shows positive outlook

According to a survey of small business owners and high-ranking business professionals, many have been able to become more financially secure by investing in defined benefit plans.

Entrepreneur Money and Results

More small businesses than ever have begun to offer benefit packages to their employees and have found that there are many tax advantages to be gained by doing so. The survey, conducted by Dedicated Benefit Services, asked 228 business owners about their outlook going forward in 2011. Forty percent of small business owners said that they expected their revenues to stay the same, while 32 percent said they expected profits to increase and 17 percent said that they expected lower revenue.

"Since DB plans must be established before the end of the tax year, now is the time for people to determine whether a defined benefit plan is right for them,” said Karen
Shapiro, CEO of Dedicated Define Benefit Services.

There was additional positive news for entrepreneurs after another survey by a business group revealed more positive feelings looking forward. The National Federation of Independent Business optimism index rose to a score of 93.2 in November, gaining 1.5 points since October. 

Have Friends Who Might Like This Article?

Tweet via @gaeblerdotcom Share this on Twitter

Let them know on LinkedIn

Ready to Learn More? We Think You Might Like These Articles:

 


About Our Small Business Magazine

Our reporters publish news articles for entrepreneurs five days a week. Our small business news articles review trends in business management, analyze the ramifications of regulatory initiatives, present relevant entrepreneurial research findings, and cover many other topics of interest to small business owners.

 

 

Additional Resources for Entrepreneurs

Help for Native American Entrepreneurs

Resources for Gay Entrepreneurs

Businesses for Sale

Online Entrepreneur Tools

Economics

Lists of Small Business Incubators

Lists of Angel Investors