Many business owners work tirelessly in their company but never think about making it sellable. Running a business as a full-time job is different from building a valuable asset. To create a business that can attract buyers and generate long-term wealth, you need a strategic approach. Steps to Make Your
“We buy a new truck every year to reduce our taxes.” I hear some version of this all the time from business owners. Just the other day, a client called me and said,“Stephen, I’ve got $300,000 of profit I need to write off. What are some good things I can
Many business owners struggle to separate personal and business finances. This common mistake can create tax complications, obscure business performance, and increase the risk of financial problems. Understanding where owners go wrong can help you protect both your personal and business money. Step 1: Open Dedicated Business Checking & Credit
Selling your business is one of the biggest moments of your life. It is exciting, a little scary, and deeply personal. Your company is not just an asset. It is the result of years of hard work and sacrifice. Getting this transition right takes more than luck. It takes intention
The best investment portfolios for business owners aren’t flashy. They don’t rely on complicated strategies or the promise of “market-beating” returns. The most effective investment strategy for business owners is one that stays simple, durable, and aligned with entrepreneurial goals. Take Brett, for example. He built a thriving business over
Selling a business is one of the biggest financial and emotional decisions you’ll ever make. As a financial planner who works primarily with business owners, I’ve seen dozens of families go through major liquidity events. While most people assume the money will be the hardest part to figure out, I’ve
What will happen to your business if you’re no longer around to run it? Too many business owners put off this question, but failing to plan for the unexpected can be costly. Whether its due to death, disability, or retirement, it can leave your company, employees, and loved ones in