Category: Exit Planning

There are many critical junctions for an owner during their business evolution.  This is particularly critical for owners of the baby boomer generation.  Boomers still own over 60% of small businesses and thousands of boomer owners will be transitioning their ownership every year for the next 20 years.  Many may not be adequately prepared. The… Continue reading Baby Boomers and Business Ownership

Most business owners are good at contingency planning. They plan for every possibility imaginable as it relates to their business. However, few owners plan for the one thing that is certain and can completely disrupt the business – death (or disability). We all have more pleasant endings in mind as we think about exiting our… Continue reading Contingency Planning for Business Owners

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