Aswath Damodaran has taught me much about business valuation. On July 16, 2020 he held a Masterclass focused on the markets titled, A Crisis as Crucible: COVID Lessons Learned, Unlearned and Relearned. The first 47 minutes of this Masterclass is brilliant. If you are an investor, advisor or business owner you will hear from someone…
Author: Doug Marshall
Know Your Business Value
More than 90% of businesses have never have never had their business independently valued and every business owner asks themselves one question every morning, “Am I better off today than I was yesterday?” Michael Carter who wrote the book “What’s Your Business Worth” says, “Knowing the value of a business can change the life of…
Partnership Revisited
Your business is your most important asset. You need advisors who are committed to delivering the right advice and the best answers. This is why at Marshall+Viliesis one of our Three Principles is Partnership. We know we can not deliver the best Business Value Protection Planning without other Financial Professionals, Attorneys and CPA’s. We agree…
Wicked Problems – #1
“I would not give a fig for the simplicity this side of complexity; but I would give my life for the simplicity the other side of complexity.”Supreme Court Justice Oliver Wendell Holmes Doug Marshall - August 13, 2020 There are easy problems and there are stubborn problems. Stubborn problems are Wicked Problems. Planning Problems are Wicked Problems. Business Value Protection Planning is a…
Wicked Problems – Rittel – Webber Paper 1973
Doug Marshall - August 12, 2020 In 1973 Horst W. J. Rittel and Melvin M Webber published a paper titled “Dilemmas in a General Theory of Planning.” This paper motivated me to begin a series of short posts about Wicked Problems and how understanding them can lead to better Business Value Protection Planning. I mentioned…
Wicked Problems & Business Value Protection Planning
Business Value Protection Planning is easier when understood in the context of Wicked Problems.
Business Owner Retirement Planning
Here is another preview from our upcoming book, “Value and Protect” - A Business Owner’s Guide to Business Value Protection Planning. What does it mean to be retired and how do business owners think about retirement? Put one hundred owners in a room and you will have a hundred different perspectives. Peter Viliesis and I…
Value and Protect – Succession Planning
This is an excerpt from the Appendix of the book Value and Protect. One of the main drivers for writing the book is to help make Business Value Protection Planning simpler and easier. Here is a good foundation on which to build a succession plan for your business. For a copy of the chart E…
Your Business Succession Plan is Critical for a Solid Estate Plan
Your business is probably your largest single asset and you cannot have a workable Estate Plan without a solid Succession Plan in place. Your Estate Plan is not your Succession Plan and your Succession Plan is not your Estate Plan. Succession Planning is preparing for the day you exit your business and what the business…
Ready Team Go!
Having the right Business Value Protection Planning team is a high priority for a business owner. Those owners who understand and demand this experience far less frustration in the planning process. The second of the three planning principles at Marshall+Viliesis is Partnership. It gets to the heart of the need for a team of professionals…