by Holly Cloutier | Jun 14, 2021 | Business Exit Planning
Often in a family business, especially one that is multi-generational, it is just assumed that the next generation will want to take over the business. This isn’t always the case and may cause trouble down the road. You should make sure that your successors want to...
by Holly Cloutier | Jun 2, 2021 | Business Exit Planning
When it comes time to sell their businesses, we find that many owners think that selling to a third party is their only option, but it may not be! There are a number of internal exit strategies that may be available and potentially more appropriate for your particular...
by Holly Cloutier | May 25, 2021 | All, Business Exit Planning
An external or third-party sale is what most business owners envision when they think about exiting their businesses – selling to competitor, customer, or investor. Owners think they’ll simply find a buyer, get what they deserve for their business, and move on to...
by Holly Cloutier | May 25, 2021 | All, Business Exit Planning, Financial Planning, Investment
Minimizing your potential income taxes requires a regular review of your financial picture and the current tax strategies available to you. In fact, tax planning can be a year-round activity. Strategies to ConsiderAlthough your tax picture is unique to you, there are...
by Holly Cloutier | May 19, 2021 | All, Business Exit Planning
Preparing your business for a successful future often goes hand in hand with preparing your business for a successful sale. No matter whom you sell to—and even if you believe you’ll never sell your business—you should focus on catching Deal Killers. Deal Killers are...
by Holly Cloutier | Apr 28, 2021 | Business Exit Planning
As a business owner, you’re likely used to having as much control over how the business functions as possible. You’re the go-to person for big decisions and you own the consequences of those decisions, whether they’re good or bad. This attitude is often good and...
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