Are you treating your business as an investment? Here are 25 questions to help you to see if you are.
25 Questions for Business Owners
Business Planning Notes
The Financial & Emotional Investment in Your Business
Financial advisors warn us against making emotionally driven investment decisions in the stock market. Good advice. Owning your business, however, is different than owning shares of stock in a publicly traded company. It is impossible to separate the financial and emotional aspects of ownership when you have literally invested your heart and soul into the…
Washington State Capital Gains Tax
The Washington State Supreme Court has ruled that the excise tax on capital gains is constitutional and valid. I received the following E Mail from Jack Gruber on March 28, 2023. Yesterday, the Washington State Supreme Court announced that the 7% Washington State Capital Gains Excise Tax is constitutional and will be collected retroactively to…
3 Gems I Learned from Chris Mercer on Business Wealth Management – Part 3
The Single Appraiser, Select Now and Value Now Buy-Sell Agreement* - The Third Gem! Take a look at your buy-sell agreement or any other legal document which requires a valuation of the business you own. I am willing to bet these documents only require a valuation at some time in the future when a planned…
3 Gems I Learned from Chris Mercer on Business Wealth Management – Part 2
Would you spend 1% of the value of your business to make it worth more?
3 Gems I Learned from Chris Mercer on Business Wealth Management – Part 1
Someday you will leave your business and you will only leave it in one of four ways.
Foundation Blocks for Business Wealth Planning
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…
Professional Employer Organizations
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.…
Business Owner Estate Planning
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…
Right Players Right Skates
“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.…