In our opinion, one of the most difficult aspects of a business succession plan is making the choice of who will lead the next generation of the business. Despite the […]
9.15.23






9.15.23
In our opinion, one of the most difficult aspects of a business succession plan is making the choice of who will lead the next generation of the business. Despite the […]
9.15.23
Do you know what your business is worth through the lens of a knowledgeable buyer? Would it have a materially higher value if you are willing to continue applying considerable […]
11.11.22
Like the door 1, 2 and 3 choices of the popular 1960-70’s era game show Let’s Make a Deal, there are three generic doors to choose from in the business […]
9.2.22
In our last blog, we identified hurdles that often lead to procrastination on business succession. We will revisit those hurdles and offer strategies to overcome them. In doing so, the […]
6.27.22
In his book Flash Foresight, Daniel Burrus points out that supply has never caught up with the generational demands of the baby boomer generation. Despite obvious signs that the U.S. […]
2.10.22
Individual Retirement Accounts (IRA) and employer sponsored retirement plans are tax deferred vehicles commonly used to save for retirement. Each of these accounts are subject to annual contribution limits that […]
1.5.22
Generally, a deceased person’s assets are distributed at death in accordance with the terms of a Will or, if a Will was not prepared, in accordance with the statutes of […]
7.14.21
The topic of backdoor and mega backdoor Roths have received recent attention. The attraction to Roth retirement accounts is understandable as contributions grow tax free and future withdrawals are taken […]
5.15.21
Are You Prepared If The Tax Laws Change? You have likely heard by now that President Biden has offered various suggestions and proposals to make changes to the tax code. […]
4.1.21
Developing a plan for business succession is one of the most important, and often procrastinated, decisions a business owner will face. Unfortunately, a sudden event may become the catalyst upon which succession decisions must be hastily made for those owners who procrastinate. When a business succession plan is developed with a runway for implementation, the owner may avail him/herself with a number of options that may not be available if succession decisions must be made in haste.