The 2015 Tax Extenders Bill has given business owners new predictability in the tax code and has given you the opportunity to hone your tax strategies.
Is your business budget process like Groundhog Day or 2001: A Space Odyssey?
When planning next year’s budget, look to the future and never dwell on the past. Good strategy requires good numbers—it’s just that simple. It’s impossible to look at the big picture without making reasonable assumptions about where, how, and when cash will be coming in, and where, how, and when cash will be required. That’s […]
Which Comes First? Estate Planning or Exit Planning?
Exit Planning and Estate Planning have the same general goals. Once owners see that the two processes share the same goals, they can leverage the time and money they spend developing their Exit Plans into the design of their estate plans.
Business Continuity Planning for Co-Owners
Remember: One day, you will leave your business.
Maintain Control, Save on Taxes, and Set Fair Value Using a Buy-Sell Agreement
Don’t wait until you’re ready to transfer your business to create an air-tight buy-sell agreement.
Preparing for the Worst: Business-Continuity Planning for Sole Owners
Business-continuity planning is vitally important to owners’ companies and families. Without a well-considered business survival plan, the consequences for owners’ employees, customers, and, most importantly, family and estate can be dire.
The Essential Business Agreement: A Business-Continuity Agreement Among Owners
If you co-own your business, the business-continuity agreement (or buy-sell agreement) is one of the most important documents that you will sign.
Avoiding Disasters in Inside Ownership Transfers
If you think that an inside ownership transfer your business to your children or management team is inherently risky, you’re right.
Elements of a Plan to Sell to Insiders
These 10 elements of selling to insiders can help make any inside transfer successful.
Are You and Your Company Candidates for a Third Party Sale?
Whether your company is small or large, selling it to a third party is the biggest challenge—and opportunity— of your business life.