Exit Strategy

Succession Planning 101: Preparing for the Death or Disability of Key Personnel

Succession Planning 101: Preparing for the Death or Disability of Key Personnel

Death and disability are topics most of us prefer to avoid. So, it’s no surprise that many business owners fail to prepare for the possibility of losing key personnel. Unfortunately, inadequate succession planning can jeopardize the survival of your business. The good news is there are steps you can take to protect your business if …

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Episode 15 Transcript: CPA Nikki Hinske Shares Her Tips for Long-Term Financial Success

Brett Fellows Welcome Nikki Hinske to The Retiring Entrepreneur Podcast. I am very excited to have you here today, my friend. Nikki Hinske It’s good to be with you. Brett Fellows Absolutely. Why I wanted to have you on is I’m so appreciative of what it is that you do. You are co-owner of Hinske …

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How to Value a Niche Business

How to Value a Niche Business

Valuing a publicly traded company is easy; you simply multiply the company’s stock price by the number of shares outstanding. Unfortunately, determining the value of a privately owned business isn’t always so transparent. And if you operate a niche business, the valuation process can be even more complex.