Author: Charles Kedra

49% of male and 44% of female college graduates are still working at a below “college-level” jobs ten years after graduation. Graduates who complete an internship are 49% less likely to become underemployed after graduation than those who did not. (SOURCE: STRADA EDUCATION FOUNDATION)

The US Consumer Price Index (CPI) — a measure of inflation experienced by consumers — rose 11.4% in the two years leading up to the start of the US Federal Reserve’s interest rate–hiking cycle which started in March 2022. In the two years since then, the US CPI has risen another 8.6%. (SOURCE: BLS)

Your life after the sale of your business is often the most important and most neglected part of your exit planning. Multiple owner surveys report that upwards of 75% of owners report regrets and/or unhappiness a year after the transition. Many advisors include some conversation about “life after” planning but most gloss over it. Many… Continue reading Personal Vision – Your Life After the Sale

by Mark C. Hegstrom By now, you may have seen the movie House of Gucci. Lady Gaga and Al Pacino star in the true depiction of the Gucci family. The Gucci brand started with two brothers who own the family business equally. Each brother had a son, and each son was to inherit the empire. One… Continue reading The House of Gucci Succession Plan

Business owners are always told they need to prepare in advance to sell their business, but why can’t they just up and sell it quickly?  The short answer is that it’s unlikely to sell that way.  Only 20% of businesses listed for sale actually sell, according to the Exit Planning Institute.  Listing it is easy. … Continue reading Why You Can’t Sell a Business Overnight