I wanted to take a moment to talk about something that comes up with entrepreneur financial planning clients. You see, for an entrepreneur, every penny and every day are typically spent trying to build their business. This presents some issues that other people like attending physicians do not have, since employed people just have to worry about how to allocate their paycheck and manage their 401ks and other retirement accounts. The entrepreneurs have to manage their personal finances and retirements, and also manage business finances. Hopefully I can provide a little extra insight because their are some legal aspects thrown in here and I have a background in that space too (this isn't legal advice, nor financial advice, and should not be taken as such). So let's get into it.
I am a Chicago-area financial adviser to young doctors & business owners.