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Planning Your Exit Part 5: Transfer to Family
- This is Part 5 of a Series about planning for succession at the time that you decide to leave your business. Part 1 can be found here, Part 2 can be found here, Part 3 here, and Part 4 here. Throughout this series, we have talked about 3 out of the 4 ways to exit […] Read More
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Planning your Exit Part 4: Sale to Employees
- This is Part 4 of a Series about planning for succession at the time that you decide to leave your business. Part 1 can be found here, Part 2 can be found here, Part 3 here, and look for part 5 next week! Just like in the previous posts, Business Owners need to assure that […] Read More
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Planning your Exit Part 3: Sale to an ESOP
- This is Part 3 of a Series about planning for succession at the time that you decide to leave your business. Part 1 can be found here, Part 2 can be found here, and look for parts 4 and 5 in the coming weeks! When a Business Owner is planning their exit from their business, […] Read More
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Planning your Exit Part 2: Sell the Business
- This is Part 2 of a Series about planning for succession at the time that you decide to leave your business. Last week’s blog can be found here, and look for parts 3, 4 and 5 in the coming weeks! When planning for your exit from the business, other than walking away and closing the […] Read More
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Business Owners: What is Your Succession Plan?
- We’ve all likely heard Benjamin Franklin’s famous quote “in this world, nothing is certain but death and taxes.” We find though that many Business Owners may have the financial affairs in order as far as the distribution of their wealth, but very few have a plan as to how the business is going to operate […] Read More
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Retirement: 6 Critical Steps for Business Owners
- Have you ever thought about what is going to happen after you are not working in your business anymore? Often we see business owners that are working so hard IN their business that they forget that part of working ON the business is thinking about succession, in other words, planning for the day that you […] Read More
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