4 Key Areas Every Business Owner Should Take Control Of

2021-04-05T11:59:36-05:00By |Multi-Unit Franchising, Succession Blog|

As the world shut down in 2020, entrepreneurs lost control. No one can tell us when the next disaster will occur or whether it will happen in our lifetime. However, there is 100% certainty every business is confronted with some transition, also known as "Succession," whether through a sale, gift, or death. In the [...]

Bench Strength and Succession Planning

2021-04-05T09:32:05-05:00By |Agriculture, Automotive, Construction, Distribution & Logistics, Leading Your Business Through Transition, Manufacturing, Multi-Unit Franchising, Newsletter Archive, Professional Services, Succession Blog, Succession Matrix-10 Point Perspective|

The term bench strength may appear abstract and very indirectly placed in your business as most would consider the term (bench-strength) to define one person laying on a bench-press while on the brink of lifting a weighted bar. However, if we conceptualize the components of skills, capabilities, experience, and who contributes those components daily [...]

Why Business Owners Need to Diversify Away from Their Operating Business and How to Do It

2021-03-26T15:34:18-05:00By |Automotive, Succession Blog|

Our clients are among the wealthiest people in the country. Every one of them has a net worth that exceeds the current lifetime exemption amount and, therefore, fall into the category of the 1%’ers. In, Why Business Owners Need to Diversify Away from Their Operating Business and How to Do It, Jeff Faulkner, explains [...]

Selling or Transferring: Building and Protecting Business Value

2021-04-05T09:28:00-05:00By |Agriculture, Automotive, Construction, Distribution & Logistics, Leading Your Business Through Transition, Manufacturing, Multi-Unit Franchising, Newsletter Archive, Professional Services, Succession Blog, Succession Matrix-10 Point Perspective|

Your business's value depends on the strength and quality of operations, culture, people, and reputation. These areas can be where they need to be to take your business into the future IF you commit to succession planning. Your business is more valuable to you than anyone if you can create an effective union of [...]

How Partners Balance The Great Family Business Oxymoron

2021-03-26T10:22:08-05:00By |Multi-Unit Franchising, Succession Blog|

Keeping results and relationships balanced among business partners and family members requires understanding that each member of the family walks around with several identities that shift from one priority environment to another. There are 6 main priority environments: Work,  Family, Social,  Financial Health, Physical Health, and Your Personal Operating System  Here are some of [...]

Successful Succession Planning Webinar Recording

2021-03-25T17:17:53-05:00By |Automotive, Leading Your Business Through Transition, Newsletter Archive, Succession Blog, Video|

Whether a business grows stronger or larger, a business will always seek to build value. Much of a business's value lies within management's resourcefulness, commitment, enthusiasm, and teamwork. Business Value also lies within sustainable and flexible structures, strategies, and resources to address potential, probable, and possible contingencies impacting the future you envision. [...]

Preparing The Family Business For Its Next Move

2021-04-05T09:20:35-05:00By |Multi-Unit Franchising, Succession Blog|

Succession planning is vital for every family business owner. For many, the family business is a legacy vessel, and in other cases, the family business only lasts one generation and will need to be successfully sold when you exit. Regardless of which camp you are in, succession planning is critical. Who will take the [...]

Recording: Virtual Q & A About Biden’s Proposed Tax Changes and Impact on You

2021-03-25T17:20:03-05:00By |Leading Your Business Through Transition, Succession Blog|

What you need to know about Biden's proposed policy changes, their impact on succession planning, and how to get back to business. The election is now behind us. We have a new president and a new party in control, which likely means policy changes. COVID-19 is still present, impacting our lives in [...]

What is Changing In the Areas of Estate Tax?

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Planning Opportunities To Take Advantage of Now

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Leadership in Uncertain Times

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