Author: Paul Weisinger

When you choose to embark on an Employee Stock Ownership Plan (ESOP) journey, you’ll have the opportunity to sell all (or just a portion) of your own investment in the company to employees while keeping you in the driver’s seat to maintain continuity and control of the business.

Even though financial data plays a large role in determining a business’s value, it’s really only a starting point. In most cases, “value” is synonymous with quantifying the future returns to an owner or investor.

Why it is important to starting thinking about succession planning for your business.

The Baby Boom generation has reached retirement age and is making the largest transfer of generational wealth in history. It may be time to start a discussion about your exit readiness.

One of the best things you can do is to ditch the cookie-cutter exit plans and design an option that addresses your unique goals.

Wondering how to monetize your biggest investment? Let us count the ways ...

Where are you going and how do you plan to get there? A strategic plan will help you chart the course.

Why waste your time and money developing an exit and succession plan? Keep reading to find out.

Don't leave the future of your business to chance. Find out why exit and succession planning are essential for business owners.

Leaving behind your ideal legacy takes solid succession planning. Find out your next steps to developing an exit plan that works for you.

Everybody wants to retire rich, right? Well ... that depends. What does "rich" mean to you?

If you want your business to grow, look for ways to enhance it's value.

Wondering if you need to have a business valuation conducted on your company? Wonder no more!

If you are gifting some or all of your business and are filing a gift tax return this year, don't forget to include a business valuation report.

Want to know what NOT to do to grow your business? Keep reading.

How much thought have you put in to the exit/succession phase of business ownership?

Are you ready to talk about how to leave your business? Great! We've listed out your options.

More than half of your entire net worth is tied up in the value of your business. What are you doing to protect it?

There are many ways to leave your business, but whichever road you chose, know that there will be a lot of planning involved. Read on to learn about your options.

A buy-sell agreement is your safety net. When you put one in place, it protects everybody's interests.

Employee Stock Ownership Plans (ESOPs) are growing in popularity. Are they right for you?

Yep. It's true. Tax reform will impact your business's value. Read on to find out how.

President Trump signed the Tax Cuts and Jobs Act of 2017 into law on Dec. 22, 2017, triggering discussions about the various income tax implications, but little is being said about how this legislation will impact succession planning for business owners. Read on to find out more.

House Republicans have finally gone public with their long-awaited plan for tax reform and the Senate has their version. Included in the House document are plans to kill the estate tax. Read on to find out.

The U.S. Treasury Department and the IRS issued a proposal to place limitations on business assets transferred from one generation to another. However, after a firestorm of criticism, the proposal may be poised to undergo modification or be fully repealed. Read on to learn more.

Why did you go into business for yourself? Was it to provide for your family? To do something you love? To control your own destiny? Those are probably all true to an extent; but more than anything, you should be in business to increase its value. Business owners typically have 50 to 70 percent of … Continued

Lately we’ve been surprised by how many people are thinking about filing a gift tax return without a business valuation. We’ve had a few conversations with people who are under the impression that they don’t need to attach a valuation of their business interest to the gift tax return. Before you file your return without … Continued

How many times have you received a 500 percent increase on a tax exemption? The federal gift tax exemption did just that – going from $1 million to $5 million for an individual and from $2 million to $10 million for couples – but only for 2011 and 2012. As a result, you have a … Continued

As the old saying goes, when you fail to plan, you plan to fail. Did you know that only three in 10 family-owned businesses have a written, formal succession plan in place? Another statistic tells an equally sobering detail: 12 percent of family-owned businesses do not survive past the second generation of ownership, largely due to … Continued