How can you go forward with an Exit or Transition Plan without knowing the value of your business? To the majority of Baby Boomers Business Owners, the value of their enterprise represents 70-80% of their net worth. Let me ask; from where is that number coming? In far too many...
If you are a Baby Boom Business owner you have either already had this conversation with your family or have been avoiding it for years. If you were among the small percentage of owners prepared for this conversation you most likely decided years prior to engaged in some form of...
A business owner’s exit is a once-in-a-lifetime transformation. We’re not talking about selling a house or a car. This is a complex process that requires the technical expertise of a team of trusted advisors. It must begin with personal reflection on the part of the owner regarding what he or...
Many business owners today are thinking about an exit from their privately-held business and are trying to figure out how to begin this seemingly-overwhelming task. Like most owners who are in need of some guidance and advice, you may be looking to your professional advisors for assistance. This newsletter is...
A business owner’s exit is a once-in-a-lifetime transformation. We’re not talking about selling a house or a car. This is a complex process that requires the technical expertise of a team of trusted advisors. It must begin with personal reflection on the part of the owner regarding what...
With each tax season, business owners usually reflect on their prospects regarding retirement. Since a majority of business owners are dependent on the revenue stream generated by their businesses for day-to-day life and additionally to fund retirement, meeting with your accountant and financial advisor to evaluate the performance of your...
2018 Tax Law Impact Breakfast Seminar Ferncroft CC Middleton, Ma. Thursday March 29th 8:30 am The biggest tax overhaul in more than two decades has officially hit the books, and business owners are scrambling to figure out what this means for their net income, growth strategy and eventual retirement...
Why are you in Business? In any competitive endeavor there are two prevailing mindsets – there are those who are playing to win the ‘game’ and there are those who are playing not to lose. Business owners are playing the game of business. Each player in this game has quite...
Does your business have Investment Value? While most business owners focus on the annual profit or cash flow of their business, it is less common devote time and attention to an equally important measurement, your business’ return on investment. An ROI measurement can help an owner determine whether their...
There is an old saying that goes “show me how I am paid and I’ll show you how I’ll behave”. The issue is simple for business owners – the right incentive plans help to grow the value of your company while the wrong (or no) incentive plans leave key employees...