by Christine | Feb 28, 2014 | Business Succession Planning, Estate Planning, Family Business, Small Business |
Family businesses account for much of this country’s domestic product and are core to the American Dream. Whether it is a century-old international automobile manufacturer or a group of local dry-cleaners, family involvement in the business is a common goal. Like...
by Christine | Jan 20, 2014 | Business Sale, Small Business, Succession Planning |
For business owners that have also established their business as a corporation (not an option for partnerships), an Employee Stock Ownership Plan (or ESOP) may provide a better retirement option. How you go about selling your business is completely up to you. ...
by Christine | Jan 3, 2014 | Business Sale, Estate Planning, Small Business |
While your goal might be to attract the most qualified buyer that will pay the asking price and lead the company on a path of continued success, it is what you expect of your life post-sale that should constitute how you execute the deal. Done right, a business...
by Christine | Jan 2, 2014 | Estate Planning, Family Business, Small Business, Succession Planning |
To ensure your exit goals are met and your family relationships remain intact, it's important to clarify the family succession process right from the start. When you are a family business owner looking to pass the torch, the business is typically your greatest...
by Christine | Dec 6, 2013 | Business Sale, Family Business, Small Business |
An estimated 70% of businesses don’t have a family member capable or willing to assume responsibility. What are you doing to plan for the sale? A certain reality will eventually set in when it comes to the future of your business. And that reality is that some...
by Christine | Nov 22, 2013 | Estate Planning, Family Business, Small Business |
What will be the most likely exit scenario from your business when the time comes? If you own a small business, what will your last day at work be like? What is your exit strategy? The answer hinges on whether your exit will be by design or by default. To exit your...
