The Benefits and Challenges of a Third-Party Sale
Wednesday, 27 January 2021
by Business Exit Planning
Depending on what type of business you have, what your key employees are like, the current market, and your array of potential buyers, business owners may have a long list of candidates to whom they might sell their business. One of the first options owners often consider is to sell the business to an unrelated
- Published in Exit Planning
Is a Family Transfer Right for Your Business?
Friday, 15 January 2021
by Business Exit Planning
When planning for the future, you have a wealth of options related to who should continue to run your business. Many business owners’ plans fall short because they are unaware of the many options they have available to them and the pros and cons of each path. One common exit path is a family business
- Published in Exit Planning
What Have We Learned?
Friday, 15 January 2021
by Business Exit Planning
It is safe to say that this year was full of surprises. Some businesses thrived, while in other areas jobs were lost, companies were forced to go under, and we even lost loved ones along the way. Many businesses were affected by the pandemic in some way or another. According to a survey conducted by
- Published in Exit Planning
Keep Your Family Intact with Proper Estate Planning
Friday, 15 January 2021
by Business Exit Planning
It can be difficult to consider what will happen to your business and your family if you die unexpectedly. Without proper planning, you could be leaving your family and/or key stakeholders in a huge mess. Proper planning allows you to keep your business on the right path even after an unexpected tragedy leaves you unable
- Published in Exit Planning