Topics and Events
Comparing Business Exit Planning with Personal Financial Planning
This newsletter is written to and for the business owner who is considering an exit from their business one day but has not started the formal planning process. To help owners put the Business Exit Planning process in perspective, we want to introduce the way many...
The 3 P’s of Exit Planning
Exit planning is a process whereby you, the business owner, are prepared to cash in on your business, take care of your personal goals, and do so in a manner and time period that is accommodating to you and other stakeholders, as well as at a time when you can...
The Five Benefits of an Employee Stock Ownership Plan (ESOP)
Business owners who are considering how and when they will cash in the shares of their privately-held stock are often curious about whether or not an Employee Stock Ownership Plan (ESOP) can help them reach their goals. Although there are many details to ESOPs that...
An Exit Plan is About Getting More Out than You Put In
Business owners are successful because they understand the concept of ‘return on investment’. They know that they need to get more out of an investment than they put in so that they can have positive growth in their companies. This concept applies to employees,...
A Potential Rise in the Capital Gains Tax Rate – Plan Your Business Exit Accordingly
Today's newsletter is written to help you, the business owner, consider the fact that without proper planning, the government’s ‘partnership’ in your business exit may be increasing yet again. President Biden campaigned on essentially abolishing the long-term capital...
Exiting via a Sale to Your Managers – The Math You Need to Know to Think Through This Important Decision
As the owner of a successful business, you may be looking ahead and wondering ‘who is going to own my business after me?’ In trying to answer this question, many owners will look to their management teams, the very people who helped them grow the business, as...