Business Succession Planning
Just like any other decision you make for your business, developing a succession plan requires learning about your options so you can try and choose what’s best. But unlike most other decisions you’ve made for your business, succession planning can be emotional and presents you with a lot of confusing options. Should you sell your […]
Five Retirement Mistakes Small Business Owners Make – and Strategies to Address Them
As a business owner, you face unique challenges and opportunities when building a financial future. This post provides insights on mistakes to avoid and steps to take when building the retirement you desire—while managing your myriad responsibilities. Small business owners are an essential component of America’s economy. In the United States, 99.7% of all firms […]
Selling A Business? Avoid These Four Big Mistakes
Successful entrepreneurs dedicate most of their lives to developing high-value companies. Ultimately, most of them end up selling these businesses to others. Sometimes, there’s simply no one available to continue their business, or health problems can also be a reason for selling. Usually, though, they’re presented with an opportunity that’s too tempting to pass up. […]