Now that you’re seeing success in your small business, you may be looking for places to invest your money to keep growth going. Let’s look at the top investments for small business owners to help you increase profits and pick the best options.

Top Investments for Small Business Owners

Stocks and Shares

This is probably the first thing you think of when you hear the word “investment.” The stock market is prevalent throughout the world, so there’s no wonder why! Think of shares as a small portion of ownership of another company— the value of which is determined by how well (or poorly) the company does.

The more money you put into the stock market, the more money you stand to make or lose. Smart investment decisions result from people who do lots of research on various companies to learn which are best set up for future growth. However, you also need to consider current events. For example, at the height of the COVID-19 pandemic, companies that offered in-person experiences suffered while streaming services like Netflix boomed.

Managed Funds

If the stock market sounds like too much work to get into (which is a fair assessment; investing without research is a bad idea), consider an investment fund instead. Professionals collect money from investors such as yourself and put the money into a diverse portfolio of bonds, stocks, and other assets.

This distribution of money allows for increased stability (as one market dips, others generally perform better) and keeps the research and time commitment out of your hands.

Retirement Plans

Offering your employees 401(k) plans is the best of both worlds: it lets employees set themselves up for the future while giving tax incentives to your business. You must consider more than the retirement plan for your employees, however. Think about what type of retirement plan you want: a checkbook IRA allows you to invest the money you set aside for retirement by creating an LLC.

Now that you know the top investments for small business owners, keep your money growing for years after making it!