The most valuable asset of many self-employed individuals is their business. According to the Exit Planning Institute (https://exit-planning-institute.org/), approximately 4.5 million businesses, representing more than $10 trillion in value, will transition ownership over the next ten years. Yet, only 20 to 30 percent of businesses that are brought to market
Picture yourself sitting in the dentist chair. Your dentist is likely well educated, has great chair-side manor and is up on advancement in the trade. Would you ever say to your dentist when they were done working on you…”hey, doc, I have the worst pain in my sciatica, can you
I recently received an email stating “that moment when everything changed…” You would have to be living under a boulder (not just a rock) to not be aware that everything has changed over the last 9 months. But reading this really struck me – that moment everything changed. Was it
No one can completely prepare for the loss of a loved one. Whether loss is expected or sudden, the weight of grief can be overwhelming. But there are steps to take to ease the burden on family members left behind. How To Prepare Your Accounts: Don’t Have A POA or
Most Fortune 100 and Fortune 500 companies have a mission statement and/or a vision statement. They scatter them through annual reports and even post on the walls of their elaborate lobbies, but what is the purpose of these statements? Should my small business have them? Will my business wander aimlessly
A common way to start a strategic discussion or create a strategic plan is to use a simple tool that has been in board rooms and small business owners offices for years. The SWOT analysis. Although pronounced swat, as in swat a fly, this tool has nothing to do with
Accountants are boring, hermit math nerds who come out but once a year file taxes. I’m pretty sure that one sentence summed up just about every accountant stereotype out there. Just like most stereotypes, the over-generalized belief about who an accountant is and what they do is completely wrong! Accountants
As a business owner what is your biggest challenge? Most business owners will more than likely say one of two things – wanting more customers or wanting more profits. So how do you get those? That seems about as difficult of a question as “what is the meaning of life.”
Recently, a client told us about their procrastination. As easy as it is to laugh at or shrug off procrastination, we are all guilty of it. But why do we procrastinate? Is it because we have other more important things to do? Is it because we really don’t like the
A new business owner will learn quickly that accurate up to date financial records provide a numbers-based picture of their business. Knowing those numbers takes years, knowing how to maintain these records efficiently seems to be a low priority of most business owners. There are five good reasons to consider
One of our team members recently told their daughter that they were older than Google. Their daughter gave them a crazy look—not sure if she thought they were THAT old or thought they were lying. For someone her age, Google has always been around. If you were born before 1989,
How many times have you heard the phrase “everything changes?” Have you ever wondered what would happen if we didn’t accept change? What if your technology department at work insisted you put everything on a floppy disc and use an Apple 2e because they didn’t learn about new technology? What
