Personal Financial Planning – Exit Strategy

If Next Gen Is Not Interested In The Business, What Are My Options?

2020-09-21T14:55:42-05:00By |Advisor Collaboration, Burning Questions, Video|

It’s a tricky road to navigate when you family decides they do not want to be in the business. However, you have options to ensure the legacy of what you have built continues and to financially protect your family in the process. It starts with identifying what kind of involvement [...]

I Don’t Want To Retire

2020-10-27T15:50:04-05:00By |Succession Blog|

I’ve heard this a thousand times from business owner clients over almost 40 years I’ve been a business succession planner. I understand - I don’t want to retire and I’m five years older than the age my father retired. For most business owners, you love what you do and you probably feel like Bobby [...]

Episode 7 – What are the first steps to begin to transitioning the business?

2020-07-16T19:47:26-05:00By |Advisor Collaboration, Business Value: How to Determine & Grow Value, Succession Podcast|

Before making any decisions about the future of your business, it is critical to step back and make an assessment of goals and vision. Evaluate if your business is ready, are you ready and how do you want the future to look. Champ Rawls a Partner of The Rawls Group [...]

Episode 6 – When Should Owners Start Planning for Transition?

2020-07-16T19:48:46-05:00By |Advisor Collaboration, Business Value: How to Determine & Grow Value, Succession Podcast|

You may have heard the saying " you should be plan for your exit when you are starting the business." Where that is very wise, it is very hard to think about the end when you are dealing with the nuances of the beginning. Developing culture, recruiting, supply chain, delivery [...]

Episode 4 – Do business owner’s understand their retirement needs?

2020-07-16T19:53:03-05:00By |Advisor Collaboration, Business Value: How to Determine & Grow Value, Succession Podcast|

As one has set out to build a business to fulfill their entrepreneurial goals they also looked at the business for as a means to build the lifestyle they imagined. Often a business owner's largest asset is their business. In a recent study Gina Miller discusses in the podcast, only [...]

Automotive News – We’re built for this – How a California Dealership Group Keeps Business in the Family

2020-09-21T10:25:09-05:00By |Case Histories, Video|

“We are built for this” highlights the story of how two people with vastly different personalities and business beliefs found common ground to grow and successfully transition the business from gen 1 to gen 2. Our very own succession planners Hugh Roberts and Jeff Bannon, along with Howard and Susan Drake of the Casa [...]

As Seen in Multi-Unit Franchisee Report – Succession Planning Is More Than Your Estate And Exit Plans

2019-12-23T12:16:30-06:00By |Succession Blog|

When starting out, business owners are not looking at the end game. Much less is there thought of engaging in succession planning. After all, isn't succession planning for when the end in near? That is where most business owners make their mistake, thinking succession is only about exit strategy, estate planning and retirement.  And [...]

Defining Succession

2019-11-15T12:29:01-06:00By |Succession Blog|

Please forgive us for being academic, but in order to fully understand business succession, we are going to define a few terms. First, an often confused first cousin, business continuity or exit planning: As the term describes, business continuity is the continued existence of a business, as in the business continues.  An exit planning [...]

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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