Why Defining Goals Is Important and How to Do It
Planning for a successful business future is an exercise in foresight and commitment. Without foresight, it may be difficult for you to determine what success means to [...]
The Advantages of Transferring Ownership to Children
Surveys will tell us that about 25 percent of all business transfers happen between owner and child. Of course, this isn’t an owner’s only option. An owner may [...]
Common Misconceptions About Exit Planning for Business Owners
Though exit planning for business owners continues to grow in popularity, there are still many misconceptions about the process. When owners clearly understand the reasons for exit [...]
3 Ways to Position Yourself and Your Family for Future Success
Many business owners support their families through their businesses. Some have larger-than-life lifestyles, and why not, they earned the right to enjoy their success. But what if [...]
3 Things All Valuable Businesses Have
Businesses can be valuable for a myriad of reasons. Some companies thrive on their strong name recognition, others leverage inventory, still, others focus on providing the “white [...]
What Is a “Key Employee”?
When discussing exit planning, you’ll often hear the phrase: key employee. In fact, the term key employee comes up a lot. As Advisors we often say that... [...]