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Category: Business Planning clear

The Business Transaction Journey: Your Guide to Success

Have a Business Partner? Here's Why You Need a Partnership Agreement

When a client owns his own business and calls to tell me he's thinking about taking on a partner and that he also wants to set up his business to sell within the next five to 10 years, the first conversation we have is on how to set up the agreement between him and the partner, why? It's vital for several reasons, check out some things you can avoid by having the right agreement in place, early on in the process, below.

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Is Now a Good Time to Explore Exit Transactions

I don't work with public companies, but I do observe the general economic conditions. Right now, the stock market has tanked, and inflation has continued to go up. The world is in a chaotic space right now. Many of my corporate clients are looking for opportunities to sell their businesses. 

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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. 

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Paying for the Biden Tax Plan: What You Need to Know

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

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Student-Athletes Name, Image, Likeness Deals: The Lesson For All of Us

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.

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Student Athletes Name, Image, Likeness Deals: A Game Changer

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

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The Expansion of Your Business' Horizons

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

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