 Basically, many small business owners we encounter are basically the only owner of their particular business. What we really want to impress upon those particular business owners are, if you’re the only one that has the ability to sign checks, do payro … |
Basically any and all businesses that are profitable, that have an ongoing concern, that are properly doing things on a regular basis to make profit year in, year out, really need to sit down and think about a succession plan and an exit strategy as to … |
The difference between an estate plan and a business succession plan are is that the estate plan really looks at the individual in a wholistic way. It covers everything that the individual may own from beginning to end. The concept behind a business su … |
If you happen to be an individual that owns a piece of a small business, whether you own as little as 5% or as much as 95%, it is critical that you have a proper operating agreement, or some type of partnership agreement, or some type of business agree … |
Absolutely, yes. We recommend that any and all small business owners out there try and really approach some other colleagues and people that they know in the community to set up a board of advisers, to set up some other people that are familiar with yo … |
