April 30th, 2018
SPRINGFIELD, Mass., April 30, 2018 — A new nationwide poll released today by Massachusetts Mutual Life Insurance Company (MassMutual) reveals that small business owners are doing a lot of things right but there’s room for improvement. The top findings of the research lend themselves to these five tips for today’s small business owners:
“Most business owners prefer to keep their business and personal finances separate, but often find the two inextricably linked,” said Brian Trzcinski, director of business markets, MassMutual. “Since the last time we took a pulse check on business owners through a similar research study three years ago, we’re finding that protection planning for the business is continuing to become more and more top of mind, but the main thing holding business owners back is lacking the personal capability and/or not knowing what they do not know.”
To take the first or next step in helping business owners with foundational strategies like those listed above, MassMutual suggests visiting: go.massmutual.com/BusinessOwnerPerspectives.
The 2018 MassMutual Business Owner Perspectives Study surveyed 914 business owners between December 13, 2017 and January 4, 2018. Respondents have 500 employees or fewer, been in business for more than a year and an annual revenue of $100K or more.
MassMutual is a leading mutual life insurance company that is run for the benefit of its members and participating policyowners. MassMutual offers a wide range of financial products and services, including life insurance, disability income insurance, long term care insurance, annuities, retirement plans and other employee benefits. For more information, visit www.massmutual.com.