/Tag: Business

Can Family Business Transfers Succeed?

By |2019-11-01T20:52:57+00:00November 1st, 2019|Categories: Business, Financial, Retirement|Tags: , , |

In the checkered, but always interesting, history of nepotism (as it relates to business transfer) we find that parents hope a child will take over a business for several reasons: 1. The joy of working together. (At least that’s what some owners claim.) 2. Greater employment and financial opportunities for family members than that available [...]

Successful Planning Starts Much Earlier Than You Think

By |2019-10-16T18:18:03+00:00October 16th, 2019|Categories: Business, Financial, Retirement|Tags: , , , |

Many business owners believe they have plenty of time to create a successful plan for the future of their businesses. Most commonly, owners think that if they give themselves a few years, they can transform their businesses into whatever they need them to be: whether that means bigger, more valuable, or more easily sold/transferred. And [...]