What is the Number One Mistake When Exit Planning?

The number one mistake business owners make is waiting too long to begin the exit planning process. If you wait until the last minute to start exit planning then you might get less value out of your business than you would have otherwise. This could be because you didn't do proper tax planning and therefore the tax effects of the transaction are not favorable to you. 

Here's what you need to know about tax proposals to pay for the Biden administration’s “Build Back Better Act".

Following on our last blog regarding the NCAA clearing of student-athletes to pursue name, image and likeness (NIL) deals, we want to talk about why this makes sense to major corporations and the lesson for each of us.

NCAA clearing of student-athletes to pursue name, image and likeness (NIL) deals is a game changer.

Most business owners have expansion on their minds. They’re always looking to grow!

You may have heard of Peloton’s recent acquisition of Precor. It was a $420 million deal and Peloton’s largest acquisition to date. 

We’ve all heard stories of business partnerships going sour. For every success story, we seem to hear 10 more where some sort of arrangement, trust, or decision-making went south and the partnership, or in some cases the entire business, dissolved as a result.

It’s an age-old dilemma for many business owners: how can you properly compensate top talent on your team without breaking the bank?