by Christine | Sep 19, 2013 | Business Succession Planning, Family Business, Small Business |
There any many reasons why patriarchs and matriarchs often have great difficulty letting go of the power and ownership of the family business. These may include (as with Queen Elizabeth) a fierce sense of duty, intense popularity, deep familiarity with the business, a...
by Christine | Mar 8, 2012 | Business Ownership, Business Structure, Business Succession Planning, Estate Planning, Small Business |
In the early days of starting a business, you might be tempted to gloss over ownership structure, equity stakes, and other seemingly boring details. After all, you might think, as long as you keep taxes low, paperwork uncomplicated, and partners motivated, better to...
by Christine | Feb 13, 2012 | Business Succession Planning, Elder Law |
The Obama administration announced plans Tuesday for a two-year, $156 million cash infusion for Alzheimer’s research and care. The money will help solidify a still-developing national plan to better treat and even prevent the illness by 2025. With budget plans just...
by Christine | Feb 1, 2012 | Business Succession Planning, Retirement Planning |
Retirement plans have their place, but many entrepreneurs starve their business of needed working capital by putting money instead into tax-deductible accounts such as traditional 401(k)s. They think they are saving taxes. Small business owners, by and...
by Christine | Jan 20, 2012 | Business Succession Planning, Capital Gains |
There is a pent-up pipeline of owners who have had to put off selling in recent years because of the economy. And now that many of these companies have at least one year of profits on the books, they are more attractive to potential investors. Whether we’re coming out...
by Christine | Jan 19, 2012 | Business Succession Planning |
It has been said that seventy percent (70%) of Americans have done no estate planning. I would suspect this number may be even higher among business owners when it comes to creating an exit or succession plan for their business. If you are a small business...
