Some time back I published some thought starters for those of you who want to get out of your business: retirement, diversification, …
…and the answer is: It all depends on who you ask. These days there is an explosion of startups seeking …
Family-run businesses are in many respects the backbone of American business. They are typically the most stable of small businesses, …
This is Part 2 of the 2-part post on the challenges of the family-owned business, especially if you are thinking about …
I read this quote today in one of the many newsletters we receive in our office: “Over the next five …
“More weak companies will fail once an economic recovery has started than will have failed during the preceding downturn. Many …
Whether you simply refuse to struggle through one more recession or simply feel that it’s time to wrap it up, your exit is a life event with a bewildering array of options. Assuming you’ve built a business that has real staying power, you could sell it to your employees through an Employee Stock Ownership Plan (ESOP) or transfer it to your children to carry on as a family business. However if your retirement fund is essentially the business, you may want to know that it will produce the cash you will need for the next 10, 20 or more years. And that likely means selling the business to outsiders who will pay cash for it rather than giving it to the kids and hoping for the best.
I promised you some thought starters for those of you who want to get out of your business: retirement, diversification, …
I promised you some thought starters for those of you who want to get out of your business: retirement, diversification, …
I promised you some thought starters for those of you who want to get out of your business: retirement, diversification, …
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