In the previous issue of this newsletter, we made a strong case for creating a buy-sell agreement for co-owned businesses. To summarize, if owners agree in advance of any transf… read more →
Many business owners eventually reach a crossroads where their families want them to slow down and take it easy, even if they aren’t ready to. This can be even more… read more →
Keeping the business in the family or among trusted employees is a point of pride for many business owners. And some heirs apparent truly can’t wait to run the business.… read more →
Next-level managers are an integral part of planning for a successful future. They can come from inside or outside of the company, and you often have a choice about where… read more →
What to keep in mind when selling your business to key employees. Whether it’s because you want to keep the business “in the family” or because you suspect you will not be able… read more →
As a business owner, you make decisions constantly that you believe will reduce your risk and/or improve your business outcomes. There are countless ways to do this. In this article,… read more →
There are many things for you to consider as you think about the future of your business ownership: When is the right time to move on? How much money will… read more →
If you’re considering transferring your business ownership to family, you might be tempted to put your family’s wants over your own goals. While this altruism may be admirable, it can… read more →
After building a successful business, many business owners decide that they want to transfer their ownership to their children. Too often, those owners assume that a transfer to children will… read more →
After building a successful business, many business owners decide that they want to transfer their ownership to their children. Too often, those owners assume that a transfer to children will… read more →