Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

Laser Focus World is part of Endeavor Business Media, a division of EndeavorB2B.

Laser Focus World Membership

Never miss any articles, videos, podcasts, or webinars by signing up for membership access to Laser Focus World online. You can manage your preferences all in one place—and provide our editorial team with your valued feedback.

Magazine Subscription

Can you subscribe to receive our print issue for free? Yes, you sure can!

Newsletter Subscription

Laser Focus World newsletter subscription is free to qualified professionals:

The Daily Beam

Showcases the newest content from Laser Focus World, including photonics- and optics-based applications, components, research, and trends. (Daily)

Product Watch

The latest in products within the photonics industry. (9x per year)

Bio & Life Sciences Product Watch

The latest in products within the biophotonics industry. (4x per year)

Laser Processing Product Watch

The latest in products within the laser processing industry. (3x per year)

Get Published!

If you’d like to write an article for us, reach out with a short pitch to Sally Cole Johnson: [email protected]. We love to hear from you.

Photonics Hot List

Laser Focus World produces a video newscast that gives a peek into what’s happening in the world of photonics.

Following the Photons: A Photonics Podcast

Following the Photons: A Photonics Podcast dives deep into the fascinating world of photonics. Our weekly episodes feature interviews and discussions with industry and research experts, providing valuable perspectives on the issues, technologies, and trends shaping the photonics community.

Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

Strategies for Building Your Small Business

photo

SPONSORED CONTENT -- (StatePoint) As an entrepreneur, you are the expert in the goods and services you offer customers. However, you may be less familiar with the financial aspects of running your business.

Incorporating a CERTIFIED FINANCIAL PLANNER professional into your stable of advisors is a smart way to ensure that you’re growing your business sustainably. Here are some important financial planning strategies a CFP® professional can assist you with:

1. Selecting a corporate structure: Each type of corporate structure is subject to its own tax code and financial liabilities. Determining which structure makes the most sense for your business is fundamental, but complex, given the wide range of factors involved. A CFP® professional can help you navigate this decision to your advantage. As your business scales, remain in conversation with your advisor to ensure that your corporate structure classification is not adversely impacting your cash flow.

2. Sorting your expenses: Your business feels personal, but it’s important to keep your business and personal expenses separate. A CFP® professional can help you establish a plan for managing personal and business finances in a way that allows you to reach your financial goals.

Side note for expense sorting: Be sure to deduct all overhead when preparing your taxes. If you’re not deducting expenditures such as travel, auto expenses, home office utility bills, marketing materials and continuing education associated with your industry, you’re leaving money on the table.

3. Saving for retirement: While retirement may not be top of mind when launching your own business, it’s important to plan for it. One of the great benefits of being your own boss is having the freedom to maximize your retirement savings. A CFP® professional can help you make sense of options such as IRAs, 401(k)s with profit-sharing and solo 401(k)s, and help you select the one that will reduce your taxable income now and pave the way for a comfortable future.

On a related note, building a retirement plan into the benefits you offer your employees will make your company a more attractive place to work, helping you secure the best talent.

4. Maintaining personal financial health: While you’re growing your business, it can be easy to lose sight of your family’s financial health. A CFP® professional can help you protect your personal assets and continue moving toward your other financial goals at a time when your business seems like a top priority.

These are just a few of the areas in which a financial advisor can help your business be successful. They can also offer cash flow analysis, advise on your insurance needs, create a succession roadmap and more. For additional insights into small business financial planning, and to find a CFP® professional to work with, visit LetsMakeAPlan.org.

Launching a small business is both an adventure and a ton of work. Seek expert assistance with key financial planning strategies so that you can focus on the aspects of your business you are most passionate about.

*****

Photo Credit: (c) P Stock / iStock via Getty Images Plus

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.