Business Finance Tips

For the majority of business owners the focus is upon maximizing the valuation of the business to capture their long-term investment of time and money in the business they built to provide retirement security. But how does a business owner maximize the value of the business?

Every business is in a unique position, so there is no way to develop a "one size fits all" description of what every business should do in these turbulent social and economic times; however, here's a list of ideas that we think you can consider to help lead your organization through this crisis.

As simple as that sounds, in practice a lack of time, energy and focus can leave businesses in a rut of fresh ideas to keep the new sales coming in.

There are many great resources (books, videos, blogs, etc.) out there that might be of additional assistance to you on this topic, but for our purposes we are going to try to keep this short to the main points.

Essentially a business succession plan is a pre-mapped plan for how your business should continue operating in the event of your retirement, incapacitation or death. Here are three reasons why creating a business succession plan is important:

Hello Friends!  We frequently receive inquiries from aspiring entrepreneurs about the process that is involved with starting a small business, which can be daunting if you've never done it before or do not know the steps involved.  We've therefore decided…

Today at lunch I realized that April 15, 2016 marks the 3-year anniversary of my resignation from a Wall Street institutional fixed income sales desk to join the staff of an 18-month old church.  Throughout the course of those 3…