Many successful business owners embrace their vulnerabilities and find ways to overcome them. They’ll admit to fears y...
8 Things to know about exit planning (and why it’s crucial for business owners)
In May 2024, Lauren Beckett, CFP, CVB, CEPA, FPQP, and I attended another Exit Planning Summit, hosted by the Exit Plan...
Navigating Family Business Succession: Why equal isn’t always fair
When transferring ownership and management responsibilities to the second generation, owners of family businesses strugg...
Protect your business from a recession: 12 steps for small business owners
Small businesses are uniquely at risk from recessions. According to J.P. Morgan, the average small business holds 27 day...
The downside of milking your small business for income
Here’s a business fact you might not know. According to Forbes, 80 percent of businesses never sell. Those that do...
What can business owners learn from the collapse of Silicon Valley Bank?
Silicon Valley Bank was a state-chartered commercial bank in Santa Clara, Calif. A run on the bank’s deposits caused i...
Reducing expenses in a recession. Do you cut advertising or lay off workers?
The United States’ gross domestic product (GDP) was negative for two straight quarters. Many people would call that a ...
What is work from home, really?
Things are getting back to normal since the peak of the COVID-19 pandemic. TSA check-ins are at 90.7 percent and restaur...
The Hidden Danger of Cross-Selling
You’ve likely heard the adage that it is far easier to cross-sell an existing customer a new product than it is to...
Improve business value with the 4C’s
The coronavirus pandemic has triggered questions from business owners about how they can minimize the decline in company...