When the economy is uncertain, you must be extra-careful to avoid the types of disasters that could ultimately lead to your company’s demise. Fortunately, some advance planning may prevent or alleviate severe problems. Here are seven common scenarios facing owners and managers of small to mid-sized businesses. A natural disaster damages the premises. Of course, you can’t control the weather or other unforeseen circumstances. But damage to a business building caused by a natural disaster could

Time is running out for moves you can make to reduce your 2011 tax bill. Some actions to consider right now:  Be sure to max out your 401(k) plan at work. This year you can sock away $16,500 ($22,000 if you’re 50 or older).  Establish a pension plan for your small business. You may qualify for a tax credit of up to $500 in each of the plan’s first three years.  Plan year-end purchases of new