Valuing Your Business: An Entrepreneurial Best Practice
Do you know, really know, what your business is worth? There's a good chance that the answer is "no." These days, many entrepreneurs are so focused on running their companies…
Business Owners: Should You Consider a Special Purpose Buy/Sell LLC
If you're a business owner, you must be prepared for eventual ownership transitions. 66% of current American businesses belong to Baby Boomers, the majority of whom will sell or transfer their…
A Wall Around Your Wealth: The Importance of Asset Protection
Success can come with a major downside: It can make you a potential magnet for lawsuits—including frivolous and unfounded ones—and other attacks that can wreak havoc on your financial health…
Selling Your Company: Will You Choose a Financial or Strategic Buyer?
If you decide to sell your business, you’ll likely encounter two main types of buyers: financial and strategic. Each type has its own intentions for wanting to buy your…
Work Smarter—Not Harder!
Reclaim your time and energy to live your best life Each of us has just 168 hours per week to accomplish our tasks and goals—at work, at home and out…
Buying or Leasing a Business Vehicle: 5 More Factors to Consider
If you don’t understand the subtle tax and financial nuances involved in this decision, don’t worry, you’re not alone. In Part One, we discussed what you get for your money,…
Savvy Negotiating: To Get the Moon, Ask for the Stars
One key way to build serious wealth—whether in a business or your everyday life—is to effectively and consistently negotiate deals that are good for you and your bottom line. Ideally,…
Buying or Leasing a Business Vehicle: 5 Factors to Help You Decide
Many owners understand the basic differences between leasing and buying, but overlook the specific business factors that must be considered before pulling the trigger. The two common ways to finance…
Six Really Dumb Things That Business Owners Do at Year-End
Around this time of year you start seeing lots of advice about what you should do for year-end planning. I’m going to take a slightly different tack. I’m going to…
The Right and Wrong Way to Be a Risk-Averse Business Owner
As most of you know all too well, entrepreneurship is not for the faint of heart. It’s hard work. It’s stressful. The hours are long and there’s very little certainty…
