Up until the 1980s, pension plans were a common approach for employers to help employees with retirement. Unfortunately, the investment risks became a bigger burden to carry than many businesses felt they could afford. Ted Benna, a benefits consultant, however, shrewdly discovered a 1978 tax provision that could replace the investment risk of these pension ...

The post An Innovative Retirement Solution appeared first on Unconventional Business Network.

John Patterson is a little-known businessman who significantly raised the level of professionalism for sales professionals. In the 1880s, Patterson founded the National Cash Register business to sell high-quality cash registers. Patterson realized his product needed much more public awareness. So, he formed a team of sales professionals who were trained to dress professionally, overcome ...

The post Building a Professional Sales Team appeared first on Unconventional Business Network.

For those business owners who desire to give from their profitability, a donor advised fund (DAF) can allow them to donate into their DAF in late December for their tax deduction. Then in January, the business owners can determine to which ministries they desire to give. DAFs, however, take away the urgency of selecting ministries ...

The post Extended Generosity appeared first on Unconventional Business Network.