Simple & Effective Protecting your business wealth, income and legacy requires the proper planning and the planning requires structure. Without the right structure your planning probably won’t work as intended. The image above shows the foundational building blocks to getting it right. Creating a plan is easier when there is a clear image of what…
Meet Terry Polyák with Insperity. He is a specially trained and Certified Business Performance Advisor with Insperity. His decades of experience as an entrepreneur, inventor, business owner, and consultant allow him to help solve business challenges, especially regarding Human Capital Management. Businesses and organizations did not start to manage Benefits, Compliance, Regulations, Payroll, Taxes, Insurance.…
Estate Planning is easy to put off. This can lead to unintended consequences if something happens to you where you die or become incapacitated. Business owners and all stakeholders are at even greater risk if the Estate Planning is not in good order. Estate and Business Planning Attorney Brandon Rains takes a few minutes with…
“All star teams fail because they rely solely on the individual’s talent. The Soviets win because they take that talent and they use it inside a system that’s designed for the betterment of the team.” - Coach Herb Brooks from the movie Miracle. The 1980 United States Olympic Hockey Team was assembled by Herb Brooks.…
Thinking about selling your business in 2023? We caught up with Ryan Hemmert, Business Broker with Washington Business Brokers to talk to him about his recent article. All business owners know there will come a time when they must to decide on what is next for themselves and the business. One of the options is…
When a business grows more of an owner’s wealth and income are tied up in a concentrated and illiquid asset. This creates greater risk.
What could possibly go wrong when buying or selling a business? Well as it turns out, quite a lot. Meet Business Broker Daniel Patten. In this video Daniel talks to us about the current state of the market and how it compares to a year ago. We go on to talk about some misconceptions owners…
If your advisor team is not aligned your succession planning is at risk. This puts your business wealth, income and legacy at risk.
Matt Carmichael is a Vice President and Commercial Relationship Manager with First Financial Northwest Bank. I recently caught up with him to get an update on commercial finance today. In this short conversation we are asking Matt: What activity is he seeing in early 2023 How does this activity compare to the same time last…
“Succession Planning takes time—it can’t be rushed.” Sara Stern
