Nepo Baby Business Planning

The sense of pride in building a business and keeping it in the family can be a huge motivator for business owners. But transferring a business to children for its own sake can have consequential risks for your future, your business, and your legacy.   If one of...

What Does Your Exit Map Look Like?

Most business owners have never exited their businesses before. Just like taking a big trip to a new place requires good planning to truly enjoy it, so too does a successful business exit.   While the details will certainly differ based on your unique...

Logic vs. Legacy in Exit Planning

When planning for your eventual business exit, achieving financial security is the most important goal. But what happens when the emotional side of planning an exit—namely, ensuring your legacy—conflicts with that most important goal?  Let’s look at a fictional but...

Which Calculated Risks Should You Consider?

Minimizing risks is a goal that many business owners have. But sometimes, there are instances where taking calculated risks becomes a necessity, especially when you are planning for your eventual business exit.   Let’s look at three calculated risks that you may...

Pursuing Trends Vs. Using Fundamentals

Differentiating your business is an important element of growing it successfully. But how should you draw the line between pursuing the newest trends and sticking with the fundamentals? Let’s walk through a process that can help...