Build a Successful Business Exit Plan by Using a Planning Process
As a business owner, planning the exit from ownership of your business is probably the single most important decision you will make. When to exit, how much to walk away with, who to sell it to, what’s the most tax efficient strategy in your circumstance, what timeline is most suitable, and what are the areas of business that need to be improved upon to make it marketable, etc.? Those are just some of the things that need to be considered….
Choosing Your Team of Advisors in Business Exit Planning
By: Steven E. Zeller, CFP, AIF, CExP, NQPC Proper business exit planning needs to be completed through an established process. Over the years of providing this type of planning for business owners, we have developed a methodical and straightforward exit planning process. In the first phase of the exit planning process, the “Create a Game plan” phase, the last step is choosing your required outside advisors for your exit planning needs. Every owner has unique exit planning needs and requires…
The Family Meeting Series: Discussion of a Shared Value – Gratitude
By: Steven E. Zeller, CFP, AIF, CExP, NQPC Gratitude – What a powerful yet simple thing in our lives; to have a mindset of gratitude – We can all benefit from a continued effort to master it. Experts have concluded that it is vital for a happy life and a healthy family. It’s a wonderful value to share within a family. In the past, I have written articles about Family Legacy Development for families with significant wealth. Family Legacy Development…
Family Values: A Critical Component of Family Legacy Planning
By: Steven E. Zeller, CFP, AIF, CExP, NQPC There are many things to consider when families invest their time, emotions, and effort into the development, success, and sustainability of their family legacy. Please reference my previous articles: Preserving Family Wealth is a Generational Effort; Begin the Journey of Developing a Family Legacy with a Family Retreat; Family Legacy Development: The Anatomy and Importance of Family Meetings. There are many elements that contribute to the family dynamics which may help unify…
