Author: Charles Kedra

When you exit your business, who will carry the torch?  Maybe you have discussed selling the business to a group of key employees.  After all, they know your business better than anyone else and they have a deep interest in its continued success. But here the deal.  Many of these key people do not have… Continue reading A Beginner’s Guide to ESOP’s

For two generations, globalization and financialization have been the two engines of global growth and soaring assets. Globalization can mean many things, but its beating heart is the arbitraging of the labor of the powerless, and commodity, environmental and tax costs by the powerful to increase their profits and wealth. In other words, globalization is the result of those… Continue reading The Fed Can’t Reverse the Decline of Financialization and Globalization

Losing a spouse is one of the most impactful and emotionally stressful life events that a human being can experience.  Even when the loss is expected, the level of emotional and pragmatic disruption can be profound.  A lifetime of shared decisions and shared finances has now concluded and must be rebuilt. ContactsContact the children’s school… Continue reading The New Widow/Widower Financial Planning Checklist

Heading into 2020 many business owners had begun to advance their potential exit date as the merger & acquisition (M&A) environment appeared to be peaking. Then, the pandemic came onto the scene. Interestingly, the pandemic has ended up only serving as a speed bump for many owners looking to exit. As we begin 2021, the… Continue reading Exit Planning in a Post-COVID World

Despite a government imposed economic shutdown in March and April, most sectors of the economy (outside of hospitality and travel) recovered nicely. GDP dropped -34% in the 2nd quarter but then recouped +32% in the 3rd quarter ending the year around -4%. Unemployment peaked at 14.7% in April but dropped back down to 6.7% in… Continue reading 2021 Outlook for Business Owners