If you own a business, you’ve always got a lot on your mind. But no matter how busy you are today, you need to think about tomorrow. Specifically, you’ll want to create an exit strategy for the day you want to move on from your business to a new phase in your life.
To develop this strategy, you’ll need to…
When it comes to choosing an ownership transition strategy, owners of closely held businesses have a lot to think about. What transition options are available? And which of these options are a good fit for the goals of both the owner and the company? Clear and cogent answers to these questions can be elusive.
From our experience, we know that…
Why are business owners and their advisors talking about ESOPs? With capital gains taxes on the rise, ESOPs are playing an increasing pivotal role as an exit strategy. Join our webinar on October 19 to learn about Tax Reform & ESOPs. Learn about Employee Stock Ownership Plans and hear special guest Shane Lieberman of the US Office of Public Policy…
The pandemic has made life and business difficult for small business owners everywhere. The degree of difficulty varies significantly and depends primarily on the amount of physical proximity and interaction required in order for the business to be functional. Nobody signs up for these times, but there are a number of actionable steps business owners can take to build long-term…
The coronavirus pandemic has created a period of extreme economic uncertainty. The truth is no one knows what economic conditions will be one month from today, let alone 6 to 12 months. While we would all like to believe that things will return to “normal” in the near future, that’s wishful thinking at best. Given the heightened uncertainty, one of…
