Selecting Your Exit Goals | May 2025
The starting point for any plan is to define its goals. In Step One, owners answer three questions: (1) How much cash do they need to exit in style? (2) … Read More
The starting point for any plan is to define its goals. In Step One, owners answer three questions: (1) How much cash do they need to exit in style? (2) … Read More
Unless you’re the owner of a multi-billion- or trillion-dollar corporation, your business is likely subject to the whims of a changing marketplace. External changes in the market can sometimes force … Read More
One of the biggest sources of friction in planning for a successful future is time. Successful business owners like you aren’t sitting around, twiddling your thumbs, and wondering what to do with all this … Read More
All successful business owners must eventually face a stark reality: One day, they will no longer run their business! If this idea makes you uneasy, you aren’t alone. Today, we’ll … Read More
This article explains why planning for a successful business future isn’t a do-it-yourself project for business owners. At their core, successful business owners like you are builders. Whether you founded … Read More
For business owners, real estate occupancy cost is often the second largest fixed expense. We also know that for many, real estate ownership is a great long term wealth building … Read More
12/23/2024 – It’s been reinstated. https://www.uschamber.com/co/start/strategy/small-business-corporate-transparency-act 12/3/2024 Update: Enforcement has been blocked per this article but still important to know about. https://bankingjournal.aba.com/2024/12/federal-court-blocks-enforcement-of-beneficial-ownership-reporting-rule/ Everyone needs to be aware of the new FinCEN … Read More
Your business is likely a large part of your financial success. Even after you eventually leave your business, you may still rely on your business to achieve financial confidence. This … Read More
Planning for a successful future often takes years. And even the most forward-thinking plans can run into unexpected obstacles that can add more time to achieving your goals—perhaps more time … Read More
When business owners think about planning for a successful future, they sometimes believe that it will take years to reap what they sow. This can make it tempting to push … Read More