Ownership changes are critical moments in the life of any business. Whether due to the untimely death of an owner, the departure of an owner-operator, or the exit of a co-owner in a multi-owner business. These types of transitions present unique challenges that require thoughtful planning. Effective continuity planning can help ensure that a business… Continue reading Continuity Planning for Businesses
Control the Most Important Financial Event of your Life
Whether you have built a lifestyle or legacy business. Whether you plan to sell your business to insiders or to an outside third-party. Learning all you can about exit planning and transitions and finding shared experiences is extremely important. Your business transition will be one of the most important financial events of your life. If… Continue reading Control the Most Important Financial Event of your Life
Seize The Moment: Strategically Timing Your Retirement When Selling Your Business
Imagine standing at the edge of a cliff, ready to take a leap into the water below. The water represents a new chapter of your life. That new chapter is retirement. Now, picture this adventure interwoven with the sale of your business. Exciting, right? Is there a perfect moment to embark on your retirement while selling your business. No. It’s not just… Continue reading Seize The Moment: Strategically Timing Your Retirement When Selling Your Business
Are Our Brains Shrinking?
Starting at age 40, our brains shrink about 5% every 10 years.1 This brain-shrinking process can impact not just our ability to remember important information, but also our ability to learn, reason, communicate, and even maintain our balance and mobility. A Five-Point Strategy Food: With so much nutrition and diet advice out there, it can get… Continue reading Are Our Brains Shrinking?
Are You Financially Ready to Exit Your Business Even if it Happened Tomorrow?
Exiting a business is a significant decision that requires careful consideration, particularly regarding financial readiness. Whether you’re considering retirement, pursuing new ventures, or simply ready to move on, being financially prepared is crucial for a smooth transition. Before making the leap, it’s essential to understand the various factors that influence your decision to exit your… Continue reading Are You Financially Ready to Exit Your Business Even if it Happened Tomorrow?
FPA Owner Transitions 