When a Quality of Earnings audit identifies deferred technology, the price can be magnified many times. Are you deferring technology costs? A few months ago, a subscriber to our planning Read more about Quality of Earnings and Technology Costs[…]
This is a cautionary tale for business owners—one that’s “based on a true story.” The facts are real, although the exact sequence of events might raise questions if the IRS Read more about The Inexperienced Advisor – An Exit Planning Horror Story for Business Owners[…]
Between February 1 and March 2, 2025, ExitMap conducted its 5th annual survey of professionals who help business owners plan successful exits. This is the only survey that gathers insight Read more about What Business Owners Should Know from the 5th Annual Exit Planners Survey[…]
One of the most common sales pitches you might hear from someone claiming to help you “enhance value” goes something like this: “I’ve reviewed your company and believe it’s worth Read more about The Exit Planning Fallacy – A Business Owner’s Perspective[…]
When Fear Dictates Decisions I can’t. We won’t. I shouldn’t. The post Decisions Made from Fear appeared first on Awake at 2 o’clock?.
Your business is doing pretty well. You’re adding to your personal savings every month and are more focused on tax strategies than making payroll. But how do you know if Read more about Missed Opportunities[…]
Businesses set goals. These can be budgetary, operational, recruiting, sales or profit oriented. Individuals make resolutions. The post Goals and Resolutions appeared first on Awake at 2 o’clock?.
Financial planners use the term “holistic planning” frequently. It’s meant to indicate that they consider the client’s short- and long-term life goals and the future they visualize. According to Fidelity Read more about What is “Holistic” Planning?[…]
Occasionally, we run into what I call “Battling Assets.” That is when an owner is drawing a comfortable income from the business, but it is arranged in a way that Read more about Battling Assets[…]
The third component of life after the sale is Purpose – “Having as one’s intention or objective.” Many exit planning advisors discuss the three legs of the exit planning stool Read more about Purpose – Life After the Sale Part 3[…]