Converting Your Business to a Non-Profit

by | May 21, 2024 | Newsletter

Converting your business to a non-profit is a valid exit strategy. However, there are important things to consider if you choose this path. Here are a few things you should think about if you’re considering converting your business to a non-profit, using a short...

Reducing Risks in Risky Businesses

by | May 7, 2024 | Newsletter

Founding a business is inherently risky. Fortunately, even the riskiest businesses have opportunities to reduce their risks and protect their interests with proper and early planning. Let’s look at a fictional but representative story of how an extremely risky...

Exit Planning Offers Assurance

by | Apr 19, 2024 | Newsletter

Running a business is one of the most fulfilling things you’ll likely ever do. Despite the time and money it costs you, you dedicate everything you have to position it to be successful. With all the effort you pour into your business, it’s prudent to dedicate time and...

Hard Work Deserves Good Planning

by | Apr 2, 2024 | Newsletter

A major point of pride for successful business owners is how hard they worked to achieve their success. A common myth is that smaller, less complex businesses aren’t cut out for Exit Planning or that it’s too expensive. But as the backbone of the economy, smaller...

Expecting the Unexpected

by | Mar 19, 2024 | Newsletter

Unexpected events often have bigger risks for business owners than many other people. Family members, employees, and even communities can face devastating consequences due to a business owner’s death or permanent incapacitation. Fortunately, there is a way to mitigate...