Category: Financial Planning

Planning for the sale, disposition, or succession of one’s business is a challenging process. This topic may be on your mind as a business owner, yet many struggle to take action and start planning.

Where should you start? What questions should you ask when addressing your exit strategy?

One thing to note: we RARELY hear people say they started the process too early. Consider starting earlier than you have planned, as these transitions are often years in the making.

This checklist covers key issues to consider when making decisions regarding the sale, disposition, or succession of your business, such as:

The start of a new year is a great time for a financial check-up and to consider the various factors influencing your financial planning. In addition to reflecting on the prior year, many are motivated in January to consider making financial resolutions for the future.

There are lots of important numbers that relate to your financial affairs, and they come from many sources. In some cases, those numbers are annual limits that change each year. Other times, the figures do not often change, but are used frequently or you want to be able to easily access them when needed.

By Marc C. Shaffer

With a new year peeking around the corner, now is a good time to review the financial strategies that are working well for you, your goals for the future, and take inventory of where you stand financially.