
Resources for business Owners
Light reading. Heavy return on investment.
The latest
-
How to deal with unexpected changes
Unless you’re the owner of a multi-billion- or trillion-dollar corporation, your business is likely subject to the whims of a…
-
Three Traits of Valuable Businesses
Having a valuable business could position you to do the things you want in both your personal and professional life,…
-
Reclaiming Control Over the Uncontrollable
Many business owners support the lifestyles of their families, employees, and others they care about by means of running a…
-
Avoiding fights among your successors
Choosing a successor to run your business is one of the most challenging decisions that you’ll make as a business…
-
The Key to Business Growth
The key to business growth often lies in the installation of value drivers. Value drivers are elements that can help…
-
The $889,914 Question
A recent Supreme Court case, Connelly v. United States, made an important ruling related to succession planning for closely held…
-
The Business Owner’s Bucket List
Writing things down is an important part of achieving your goals, both while you’re running your business and after you…
-
What are you doing after work?
Many business owners have a fuzzy idea of what life looks like after they’re done working. But fewer business owners…
-
Preparing the Next Generation of your Business
Your business is likely a large part of your financial success. Even after you eventually leave your business, you may…
-
Building a Bridge to Your Successful Future
Planning for a successful future often takes years. And even the most forward-thinking plans often encounter unexpected obstacles that can…
-
What Makes Your Business Attractive to Buyers?
Revenue and profitability are generally good indicators of your company’s strength. However, when it comes to planning for a successful…
-
Controlling the Uncontrollable Parts of Ownership
A common tragedy for business owners is facing a life-changing event, such as a sudden death or illness that devastates…
-
What Makes Your Business Attractive to Buyers?
Building a business that’s attractive to buyers is both a powerful way to pursue a successful future and a sign…
-
The Immediate Benefits of Long-Term Planning
When business owners think about planning for a successful future, they sometimes believe that it will take years to reap…
-
Reducing Risks in Risky Business
Starting a business is inherently risky. Fortunately, even the riskiest businesses have opportunities to reduce their risks and protect their…
-
Exit Planning Offers Assurance
Running a business can be one of the most fulfilling things you ever do. You dedicate everything you have to…
-
Expecting the Unexpected
Unexpected events often have bigger risks for business owners than many other people. Family members, employees, and even communities can…
-
7 Steps to Exit Planning Success
All business owners eventually exit their businesses – by choice, death, or otherwise —no matter how successful, powerful, or high…
-
Ignorance Isn’t Bliss: Professional Business Valuations
Consider this scenario: A traveler wakes up in a foreign place with three things—the clothes on their back, a map…
-
What’s Your Plan When Plans Change?
“The best-laid schemes of mice and men gang aft agley.” -Robert Burns What should you do if a plan you…
-
Where Do You Begin?
Planning for a successful future can seem overwhelming. Where do you start? How do you make time? Which questions should…
-
Hiring a Professional President
As a business owner, is it a good idea to hire a “professional president” to keep various managers focused? Today,…
-
Don’t Armchair Quarterback your Exit
“How hard can planning my exit really be? I already made it valuable, so all I need to do is…
-
Taking Care of Your Business Family
Many business owners eventually reach a crossroads where their families want them to slow down and take it easy, even…