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Small Business Making a Big Impact

Posted by Paul D. Woodard | May 02, 2024

Contributing Author: Kristine Custodio Suero, Advanced Certified Paralegal

Did you know that it's National Small Business Week (April 28 to May 4)? The U.S. Small Business Administration hosted a free virtual summit April 30 to May 1 providing a wide array of educational programs from business growth to navigating cash flow. Attendees also enjoyed opportunities partaking in a mentoring hall and networking lounge. If you missed the virtual summit this year, keep an eye out for next year's summit that is typically scheduled around the first week of May each year.

Here in the state of California, small business, indeed, is making a big impact. The U.S. Small Business Administration Office of Advocacy reported in 2023 that 4.1 million small businesses comprised 99.8% of California businesses and that these small businesses employed 7.5 million employees or 47.6% of California employees. As a small business owner, the success of your company matters. Are you assessing the health of your company and employees regularly? Are you employing best practices in tax planning and staying competitive with your employee benefits to attract top talent to your team?

Business counseling may involve any aspect of running a business, from business formation through planning for business succession. It may also involve drafting contracts, tax planning, partnership disputes, international business transactions, and employee benefits. Counseling can be used to avoid possible problems in the future, or address a current conflict with another company, business partner, or government agency. Talking to an experienced business counseling attorney can help ensure your company is on the right track for success.

If you have any questions about your small business, Butterfield Schechter LLP is here to help. We work for your success. Contact our office today with any questions you have on how we can help you and your business succeed.

About the Author

Paul D. Woodard

Paul Woodard practices in the areas of Employee Benefits, Employee Stock Ownership Plans, Pension and Profit Sharing Plans, ERISA, ERISA Litigation, Business Law, Qualified Domestic Relations Orders (QDROs), and Estate Planning.


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