Articles Tagged with ''exit planning''

To be perfectly fair to their partners, planning for the exit is complicated, especially when the owner is preoccupied with the day-to-day business.

Following the sudden death of her husband, Dave Spencer, Laurie made the decision to leave behind a successful career as a salon owner, and take over Dave's roofing business.

Each of my customers has a story that everyone can learn from.

A benchmark company will have a written strategic succession plan.

I'll share the story of my first business exit and what I've learned through my education, certification and evolution in the business of exit planning.

The entire process of exit planning can get bogged down with the technical jargon of accounting, law, tax codes, estate planning, insurance and financial planning.

Last November marked the end of one of the most contentious presidential elections in quite some time.

Not too long ago, I received a call from Joe, a long-time reader in Philadelphia who needed immediate attention.

After long hours and substantial risk-taking, the business owner has created an asset that, if transferred efficiently, could provide financial security for themselves and their families.

A buy/sell agreement is a document drafted between two or more business owners.