Business Owner Blog

Have you ever wondered what happens to your valued family pictures after the death of you or a loved one? What happens if the survivors do not have access to the password for the deceased and wants to preserve the important family memories? This happened recently to a wife who wanted her deceased husband’s pictures […]

I talk to a lot of businessowners who, at year end, realize they had a good year and have “extra money” that they will need to pay taxes on. Their accountants, trying to help them save tax, suggest that they go out and buy a large purchase that they can deduct, often with the single […]

Do You Sell Online? New Supreme Court Ruling May Affect You If you sell online, you may now be required to start collecting sales tax for online purchases, regardless of whether you have an established physical presence in that state, according to a new U.S. Supreme Court ruling. The U.S. Supreme Court ruled June 21, […]

As a business owner, you probably offer your employees a 401(k), SEP or other type of retirement plan. But do they understand its value, and how to invest it properly to achieve financial success? Since most companies do not offer pensions, an employee’s 401(k) is usually the only retirement savings an employee has, making proper […]

You hear a lot in the media about “big business” and how business owners are selfish and do not care about their employees. But is it really true? I’ve been working directly with business owners for most of my career… helping them with their businesses’ legal issues, helping them buy or sell their business or […]

In April, President Trump released his goals for tax reform.  The House Republicans Blueprint for Tax Reform was published in June 2016 as well.  Although we can’t predict exactly what the future holds, reviewing these two tax proposals can give us an idea of what we might expect.   Here is a side by side […]

Often, business owners work their entire lives and put all of their efforts and assets into their businesses.  They rely on it to fund their retirement, at least in large part.  I have worked with business owners for many years assisting them in the sale and acquisition of businesses, and one thing I have found […]

You pay for insurance to protect your assets, why not implement an Exit Strategy now for the same protection of your greatest asset? Selling your business can be an organized process where each step maximizes profit and your advance preparation expedites the sale, or it can be a dismal failure full of gut wrenching interactions […]