Reading Time: 5 minutesWithout careful planning, taxes can take a significant chunk out of an exiting business owner’s profit. Capital gains taxes, depreciation recapture, and other tax liabilities can reduce the amount of money a business owner walks away with. Fortunately, there are Read more…
Reading Time: 4 minutesSuccession planning is essential to avoid disruptions and ensure business continuity during a business transfer. Accordingly, a comprehensive succession plan is a necessary part of every business owner’s exit. To help prepare a business for the business owner’s departure, certified Read more…
Reading Time: 5 minutesGifting a company is often used for estate and exit planning. This exit strategy involves the transfer of ownership of a company to another party (often a family member or key employee) without the business owner expecting or receiving financial Read more…
Reading Time: 4 minutesTick Tock. Have you noticed the clock always moves forward? (Sans reverse daylight savings time.) We turn to the next calendar page; we cannot go back. The generations move on. I used to be part of the “sandwich generation” where Read more…
Reading Time: 2 minutesThe Price of Business Digital Network has a new series of outstanding commentaries from thought leaders. This is one in that series. Mike Kelly It’s very difficult to lead anyone if a leader is unable to lead him or herself. Effective Read more…
Reading Time: 2 minutesINTERVIEW ON THE PRICE OF BUSINESS SHOW, MEDIA PARTNER OF THIS SITE. Recently Kevin Price, Host of the nationally syndicated Price of Business Show, welcomed David Lewis to provide another commentary in a series. The David Lewis Commentaries The profession Read more…
Reading Time: 4 minutesWhile Covid-19 has gotten everyone’s attention this year, the truth is that small business owners have been susceptible to both man-made and natural disasters with increased frequency in recent years. Man-made disasters like as acts of terror, power outages, cyberattacks, Read more…
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