Resources

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The Key to Business Growth

The key to business growth often lies in the installation of Value Drivers. Value Drivers are elements of your business that can help you make it attractive to potential buyers as you approach your inevitable business exit and could help you grow your business while...

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Avoiding Fights Among Your Successors

Choosing a successor to run your business is one of the most challenging decisions that you'll make as a business owner. It can be especially challenging if the successor you choose isn't the one everyone expects, which could lead to disagreements, fights, and chaos....

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The Business Owner’s Bucket List

Writing things down is an important part of achieving your goals, both while you're running your business and after you leave it. However, many business owners feel overwhelmed by the idea of writing down their post-exit goals and strategies. Some business owners say...

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The $889,914 Question

A recent Supreme Court case, Connelly v. United States, made an important ruling related to succession planning for closely held businesses. Today, we'll look at what the ruling says, how it could affect you, and steps you could take to avoid paying more in taxes than...

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What Are You Doing After Work?

Many business owners have a fuzzy idea of what life looks like after they're done working. But fewer business owners have a plan for how they’ll reach the life they want after they're done working. Running a successful business is time consuming, so business owners...

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Handcuffing Key Employees NQDC Plans

Keeping key employees committed to your business is an essential strategy for building business value. It’s also a crucial part of planning for a successful future, including your eventual business exit. There are many strategies you can use to retain key employees....

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