Business Exit for Retirement Strategies

Size: px
Start display at page:

Download "Business Exit for Retirement Strategies"

Transcription

1 Are you a business owner contemplating retirement? Thinking of selling or transitioning your business? Are you counting on your business to fund your retirement? Maybe you don t think that you have anything to sell? Here are some things you should know Did you know that up to 90% of business sales fail? Find out why. How does a glut of baby boomer business owners retiring affect a sale of your business? With a little work you may have more to sell than you think. We have The Solution for overcoming these roadblocks! Business Exit for Retirement Strategies November 2013

2 You re a business owner, you want to retire, now what? Chances are that you are a baby boomer business owner. First off, congratulations, your business has survived what seems like a never- ending economic downturn, and now you are thinking about retiring and reaping the fruits of your labors. Unfortunately, statistics show that it s a good bet that your retirement plan is lacking both the plan and the funds to actually retire, plus you don t have an exit plan for your business. Some key statistics Studies show that between 40% and 48% of business owners have no retirement savings; 65% to 85% of business owner net worth is tied up in one asset their business; 80% of business owners believe that the proceeds from the sale of their business are very or somewhat important to funding their retirement; Some good news, 96% of business owners say they need an exit plan for their business; But 87% do not have a written plan and 75% have no plan at all If you match up with many, or all, of these statistics, don t panic, we can assure you that there is a Solution, please read on. First, what are you going to do with your business when you retire? Business exit strategies fall into one of two categories, the first we ll call liquidation and the second a sales transaction. Liquidation works something like this, today you are earning a living, and tomorrow you aren t. Liquidation might include selling off some assets at an undervalued price, but generally speaking since there is no transaction, there is no cash that is derived from liquidation and therefore no contribution to your retirement assets. Also you need to consider that liquidation may not be as simple as just turning out the lights and walking away if you have employees and contractual commitments. A sales transaction can take various forms, selling to a family member, your employees, a vendor, a customer, some other third party, or on a grander scale even an IPO. A sales transaction generates cash or financial instruments that can be converted into cash like debt or stock. If you are like more than 80% of baby boomer business owners who are counting on selling their business to fund their retirement by now you re thinking that you like some version of the second category. Even if you fall into the 20% who have done effective retirement planning there is no reason to just turn out the lights and walk away, especially knowing that we are all living longer and that retirement assets are subject to economic risks as many learned during the last recession. In either case maximizing the value of your business can make you far more secure in your retirement.

3 Oh, and for those business owners who don t think there is any value in their business or practice because they have either been told that they are the business or that the business can t run without them, think again. With some advance planning and development you can build your business or practice into a valuable asset that you can sell. By now you re saying, Sign me up for the sales transaction option, how do I get started? But wait, That might be the easiest and most successful decision you ll make in your business sale retirement process, and here s why the failure rate for business sales approaches 90% in a number of surveys Yes, 9 out of 10 business sale processes don t result in a sale. Yikes! Now what?! Lets take a look at why the business sale failure rate is so high. On the top of the list of reasons for business sale failures is incorrect pricing and a closely associated second to pricing issues is inflexible deal structures. Why do those situations happen? Mainly because business owners fail to effectively plan for their sale and too many decide to take the For Sale by Owner approach. The other major contributing factor to business sale failure is time. Executing a business exit strategy takes time. Liquidation can last up to a year from making the exit decision to completion and other more complicated sales transaction can take up to five years from making the exit decision to deal completion. Did someone mention a Solution? Well, yes we did. You can overcome many if not all of the challenges associated with a retirement business sale with a four- part solution. Based on the statistics business sellers who are have not planned for their business to be sold, who have not prepared and taken steps to maximize their business value, and not worked with the right set of advisors are making some risky choices with their primary retirement asset at a time when their investment risk should be substantially lower. Our Solution - the right mixture of advisors, planning, execution, and packaging As a business owner, you need to be well prepared to make your business stand out from the other businesses that are for sale. Some have compared being prepared to staging your house for a sale or polishing a resume and interview skills to get a job. What happens if you aren t prepared to exit your business? Well, you may recall that between as many as 90% of attempted business sales fail and like in most things, failure is very costly. Are you in a position to afford a failed sale of your business?

4 Part 1 Advisors Too often we hear business owners say they don t need any more advisors, they have their CPA, a business lawyer, and they will hire a business broker when it comes time to sell their business. Believe me when I say we have nothing against any of those professionals, they re all an important part of the selling process, but it s likely that they aren t enough. When we ask business owners what their CPA does for them, they ll tell us that the CPA does their taxes, nothing more. Business brokers are intermediaries between buyers and sellers. The lawyers will make sure the legalities of a transaction are in order and the estate planning is done. Again, all these are important parts of the team, but in order to maximize the value of your business and what you get out of the sale, you need to fill out the team. A complete team for a retiring business owner planning to sell a business needs to include a business advisor who can guide the planning process with a focus on maximizing the value of the business, and when the time is right, make the preparations for the business to be sold. Part 2 Planning Business performance success begins with solid planning; the same is true for business exit success. Business exit strategy should be incorporated into business planning as early as possible. Some say exit planning should happen as soon as you start your business. While that may not be realistic, it is true that it is never too early start, but it can definitely be too late. What if I want to sell, but I haven t been planning for it? Not to worry, we see this happen. You can t go back and re do what was not done, but you can do the next best thing, start now. Remember it takes time to get a transaction done, in some cases as long as 3 to 5 years, so we use that time to maximize your exit process. The quote, "plan for the worst but expect the best" applies equally to individuals and business. Businesses and business owners need to be prepared for unexpected life events like disability, death, divorce, a downturn in economy as well as the impact of any of these events on spouses and families. The value of having a solid plan in place before life happens is as the commercial says, priceless. Whether you are selling your business, transferring ownership, seeking retirement, or facing a "forced- exit" such as bankruptcy or liquidation - planning your exit is a big undertaking that has implications for your estate, retirement accounts, employees, business structure, assets, and contractual obligations, not to mention tax and legal matters. Part 3 - Execution With your exit strategy integrated into your strategic plan it s time to execute your plan. What does executing the plan mean? Strategic plans are not meant to be pretty binders that get placed on the shelf only to be dusted off a few years later for an update. The plan we guide you to

5 develop is actionable, measurable and flexible. Executing the plan is living the plan. Your strategic plan includes real actions that will improve the profitability and value of your business. Everything is measurable so we can always tell if you are on course to achieve your goals. If circumstances dictate a change of course, we can handle that because we know where you want to get to and where you are. If the plan needs an adjustment we guide you through that and repeat the process. Part 4 - Packaging The final part of the Solution is packaging. What is packaging? Packaging is what makes your business stand out when it s time to get your business sold. Custom packaging is an important marketing tool that is all about catching the eye of the targeted buyer and drawing them in. Most business owners believe that the business itself will be enough to convince a business buyer to choose their company to buy, but that isn t enough. With so many baby boomers retiring over the next 12 to 15 years there will be a glut of businesses for sale and fewer possible buyers. Add the retirement of baby boomer employees to the mix and business owners are facing business value erosion as their talent retires along with them. The way that you present your business can make it stand out from other businesses on the market and make a world of difference to your exit process. Our packaging approach includes evaluating current business value, strategically planning the selling process, development of appropriate selling materials and documents including your company sale briefing, financial statement presentation, business analysis and preparation for due diligence. We work with you and your other advisors throughout the sales process to ensure that the selling experience goes as smoothly for you and your buyer. A difficult deal process is costly for both sides and buyers will want to do the deal that makes the most sense and has the fewest challenges. Our Solution Supports your Goals

6 Your Result - - A Successful Exit You ve worked with your advisors, planned, executed, and packaged your final product offering, your business. Now, the transaction is done! The result, you ve maximized the return on the financial investments, the risks, and the time you put in to build your successful business. Now it s time to turn your attention to your next adventure, your retirement. Enjoy! About Business Renewal Partners Business Renewal Partners is a business advisory and consulting firm that helps owners and management of national and international companies achieve their business goals. Many of our clients are referred to us by business professionals such as CPAs, lawyers, bankers, financial planners, investors, and payroll and HR firms. These professionals know us and trust us and they recognize that our experience and skills can make enormous contributions to the value and success of their clients businesses. Our team of business professionals has extensive hands- on senior management experience with roots in many fields, including strategic management, finance and accounting, operations, sales and marketing, human resources, and information technology. We ve lead organizations ranging from small businesses to multinational firms through the same challenges that our clients face every day. We ll carefully assess your business, resolving complex systematic business issues through big picture and brass tacks analysis, strategic planning, careful management, and consistent measurement. Whether we are identifying areas for sales growth, increasing capitalization, planning for a business sale, reducing costs and restructuring debt, creating programs that effectively motivate employees, finding creative ways to expand sales and distribution channels, or helping your business grow in other ways, our ultimate goal is your business s profitability and value. To find out how we can help you achieve your business vision, call or info@businessrenewalpartners.com.

plain talk about life insurance The right life insurance can have an enormous effect on your life and the lives of those you love.

plain talk about life insurance The right life insurance can have an enormous effect on your life and the lives of those you love. plain talk about life insurance The right life insurance can have an enormous effect on your life and the lives of those you love. Thinking about life insurance? You re not alone. Canadians generally agree

More information

Understanding Options: Calls and Puts

Understanding Options: Calls and Puts 2 Understanding Options: Calls and Puts Important: in their simplest forms, options trades sound like, and are, very high risk investments. If reading about options makes you think they are too risky for

More information

DB to DC: Inevitable and It Begins in Two Years With George Pandaleon of Inland Institutional Capital Partners

DB to DC: Inevitable and It Begins in Two Years With George Pandaleon of Inland Institutional Capital Partners DB to DC: Inevitable and It Begins in Two Years With George Pandaleon of Inland Institutional Capital Partners Is the shift from DB to DC pension funds going to take a generation to enact? George Pandaleon,

More information

Terminology and Scripts: what you say will make a difference in your success

Terminology and Scripts: what you say will make a difference in your success Terminology and Scripts: what you say will make a difference in your success Terminology Matters! Here are just three simple terminology suggestions which can help you enhance your ability to make your

More information

www.authorityformula.com

www.authorityformula.com www.authorityformula.com 2010 SimpleWealth Inc. All rights reserved. Dear Homeowner, Trying to sell or lease your house can be a an extremely frustrating experience. This report is designed to help you

More information

Converting to Fee-Based A BETTER BUSINESS MODEL FOR TODAY S MARKET AND FOR YOUR FUTURE

Converting to Fee-Based A BETTER BUSINESS MODEL FOR TODAY S MARKET AND FOR YOUR FUTURE Converting to Fee-Based A BETTER BUSINESS MODEL FOR TODAY S MARKET AND FOR YOUR FUTURE CONVERTING TO FEE-BASED 2 Chances are, you ve thought about switching to a fee-based practice before. Maybe you have

More information

Preserve, protect, and promote the value of your business. Start your business trek towards transition today.

Preserve, protect, and promote the value of your business. Start your business trek towards transition today. F e d e r a l R e s e r v e B a n k o f K a n s a s C i t y O m a h a B r a n c h i n p a r t n e r s h i p w i t h Creighton University School of Law Community Economic Development Clinic Nebraska Business

More information

The Purchase Price in M&A Deals

The Purchase Price in M&A Deals The Purchase Price in M&A Deals Question that came in the other day In an M&A deal, does the buyer pay the Equity Value or the Enterprise Value to acquire the seller? What does it mean in press releases

More information

LIFE INSURANCE. How to assess your life insurance needs By Ginger Applegarth

LIFE INSURANCE. How to assess your life insurance needs By Ginger Applegarth LIFE INSURANCE Insurance is not specifically defined in Scripture; however, the principle of future provision is found in Ecclesiastes 6:3. If a man fathers a hundred children and lives many years, however

More information

Could a Managed Services Agreement Save Your Company Tens of Thousands of Dollars Each Year?

Could a Managed Services Agreement Save Your Company Tens of Thousands of Dollars Each Year? MANAGED IT SERVICES Could a Managed Services Agreement Save Your Company Tens of Thousands of Dollars Each Year? A lot of business owners, executives, and managers have a love-hate relationship with managed

More information

SUCCESSION PLANNING GUIDE

SUCCESSION PLANNING GUIDE SUCCESSION PLANNING GUIDE FOR FOOD PROCESSING & AGRICULTURE BUSINESSES Preserve your business, and your legacy, for generations to come What Is Succession Planning? 1 It s Not Just Business It s Personal

More information

Seeing you through refinancing

Seeing you through refinancing REFINANCING GUIDE Seeing you through refinancing hether you re moving home, renovating, or simply looking for a different home loan, refinancing doesn t need to be complicated. At QuickSelect we are interested

More information

LIFE INSURANCE STRATEGY GUIDE

LIFE INSURANCE STRATEGY GUIDE LIFE INSURANCE 101 STRATEGY GUIDE : STRATEGY GUIDE TABLE OF CONTENTS Why You May Need Life Insurance... 5 Shopping for Life Insurance... 5 How Much Life Insurance to Obtain... 6 Calculating Total Funds

More information

What Annuities Can (and Can t) Do for Retirees With proper handling and expectations, annuities are powerful retirement income tools

What Annuities Can (and Can t) Do for Retirees With proper handling and expectations, annuities are powerful retirement income tools What Annuities Can (and Can t) Do for Retirees With proper handling and expectations, annuities are powerful retirement income tools Illustration by Enrico Varrasso A 65-year old American male has a 10%

More information

Protect your business and preserve your legacy. The 10 questions every business owner should consider.

Protect your business and preserve your legacy. The 10 questions every business owner should consider. Protect your business and preserve your legacy. The 10 questions every business owner should consider. Our top ten questions and answers While there are many Top Ten Questions lists published in the financial

More information

Average producers can easily increase their production in a larger office with more market share.

Average producers can easily increase their production in a larger office with more market share. The 10 Keys to Successfully Recruiting Experienced Agents by Judy LaDeur Understand whom you are hiring. Don t make the mistake of only wanting the best agents or those from offices above you in market

More information

How Can I Get the Money Flowing? (Transcript of Lecture found at http://www.wealthbeyondreason.com/moneystuff.html)

How Can I Get the Money Flowing? (Transcript of Lecture found at http://www.wealthbeyondreason.com/moneystuff.html) How Can I Get the Money Flowing? (Transcript of Lecture found at /moneystuff.html) It seems to be a fact that when people start to learn about the Law of Attraction, the number one thing they want to attract

More information

hp calculators HP 17bII+ Net Present Value and Internal Rate of Return Cash Flow Zero A Series of Cash Flows What Net Present Value Is

hp calculators HP 17bII+ Net Present Value and Internal Rate of Return Cash Flow Zero A Series of Cash Flows What Net Present Value Is HP 17bII+ Net Present Value and Internal Rate of Return Cash Flow Zero A Series of Cash Flows What Net Present Value Is Present Value and Net Present Value Getting the Present Value And Now For the Internal

More information

Retiring from the Family Business Last update: October 27, 2011

Retiring from the Family Business Last update: October 27, 2011 Summary Retiring from the Family Business Last update: October 27, 2011 If you are the owner or a major partner in a small business, your retirement concerns are more complex than most people s. It is

More information

Life Insurance Buyer's Guide

Life Insurance Buyer's Guide Life Insurance Buyer's Guide This guide can help you when you shop for life insurance. It discusses how to: Find a Policy That Meets Your Needs and Fits Your Budget Decide How Much Insurance You Need Make

More information

Choosing HOW you fund your business is just as IMPORTANT as the business you choose.

Choosing HOW you fund your business is just as IMPORTANT as the business you choose. Choosing HOW you fund your business is just as IMPORTANT as the business you choose. About Benetrends Benetrends has been helping visionary entrepreneurs successfully launch their dreams for nearly 30

More information

Rob Follows: Selling Your Business to a Strategic Buyer and Getting Up to 300% More Money For It

Rob Follows: Selling Your Business to a Strategic Buyer and Getting Up to 300% More Money For It Rob Follows On Selling Your Business to a Strategic Buyer and Getting Up to 300% More Money For It I m here today with Rob follows. Rob is the founder of STS Capital Partners, which is an international

More information

Planning for Succession of a Business Interest

Planning for Succession of a Business Interest Planning for Succession of a Business Interest Page 1 of 5, see disclaimer on final page Planning for Succession of a Business Interest Business succession planning--what is it? One of the important decisions

More information

GETTING THE MOST OUT OF YOUR LIFE INSURANCE

GETTING THE MOST OUT OF YOUR LIFE INSURANCE GETTING THE MOST OUT OF YOUR LIFE INSURANCE The Irrevocable Life Insurance Trust AMERICAN ACADEMY OF ESTATE PLANNING ATTORNEYS, INC. Getting The Most Out Of Your Life Insurance 1 If you own life insurance,

More information

Leasing vs. Purchasing

Leasing vs. Purchasing How to overcome customers most common objections to financing Leasing vs. Purchasing Help your customers see the value of leasing their IT acquisitions The Equipment Leasing Association of America says

More information

Wealth Management: Financial Planning for the New Economy

Wealth Management: Financial Planning for the New Economy Contents Are You Positioned for Financial Success?...2 What is Wealth Management?....3 Am I a Candidate for Wealth Management?...5 The Wealth Management Process: A Snapshot...6 Why Consider a Wealth Management

More information

Ten Tough Interview Questions and Ten Great Answers

Ten Tough Interview Questions and Ten Great Answers This tool is designed to identify typical questions asked and the kinds of answers that demonstrate a concise and thoughtful response. The following are some of the most difficult questions asked during

More information

HOME BUSINESS INSURANCE MADE SIMPLE

HOME BUSINESS INSURANCE MADE SIMPLE HOME BUSINESS INSURANCE MADE SIMPLE Working with the profession to simplify the language of insurance PRACTICAL HOME WORK For a growing number of people, working from home is an attractive option. It frees

More information

"The Choice is Elementary"

The Choice is Elementary "The Choice is Elementary" ROTECTING YOUR BUSINESS Business Insurance Why you can t wait No one wants to think about the what if s but if you are a partner in a successful business, the what if s can t

More information

How to Sell Your Home FAST And For FULL PRICE!!

How to Sell Your Home FAST And For FULL PRICE!! FREE Special Report: Compliments of www.bobbuysfast.com How to Sell Your Home FAST And For FULL PRICE!! DISCOVER how you can sell your home fast and for Full Price even if your house has been on the market

More information

Remortgaging guide 1. Remortgaging guide. We re with you every step of the way

Remortgaging guide 1. Remortgaging guide. We re with you every step of the way Remortgaging guide 1 Remortgaging guide We re with you every step of the way Remortgaging guide 2 With so many different mortgages out there to choose from, deciding which one is best for you can be a

More information

Camille Kerr and Corey Rosen, National Center for Employee Ownership

Camille Kerr and Corey Rosen, National Center for Employee Ownership Camille Kerr and Corey Rosen, National Center for Employee Ownership Companies with 1,000 or fewer employees, almost all of which are closely held, provide almost 60% of all private sector jobs in the

More information

SPIN Selling SITUATION PROBLEM IMPLICATION NEED-PAYOFF By Neil Rackham

SPIN Selling SITUATION PROBLEM IMPLICATION NEED-PAYOFF By Neil Rackham SITUATION PROBLEM IMPLICATION NEED-PAYOFF By Neil Rackham 1. Sales Behavior and Sales Success Small Sales Selling Techniques The traditional selling techniques that most of us have been trained to use

More information

Six Best and Worst IRA Rollover Decisions

Six Best and Worst IRA Rollover Decisions Six Best and Worst IRA Rollover Decisions Provided to you by: William E. Watson III, RFC Registered Financial Consultant Six Best and Worst IRA Rollover Decisions Written by Javelin Marketing, Inc. Presented

More information

WHAT YOU SHOULD KNOW. About Buying Life Insurance. Life insurance is financial protection. It provides the

WHAT YOU SHOULD KNOW. About Buying Life Insurance. Life insurance is financial protection. It provides the Life insurance is financial protection. It provides the resources your family may need to pay immediate and continuing expenses after you die. WHAT YOU SHOULD KNOW About Buying Life Insurance There are

More information

Where you hold your investments matters. Mutual funds or ETFs? Why life insurance still plays an important estate planning role

Where you hold your investments matters. Mutual funds or ETFs? Why life insurance still plays an important estate planning role spring 2016 Where you hold your investments matters Mutual funds or ETFs? Why life insurance still plays an important estate planning role Should you undo a Roth IRA conversion? Taxable vs. tax-advantaged

More information

Exit Planning for Business Owners

Exit Planning for Business Owners Exit Planning for Business Owners Business Owner Survey Report Planning for the future and creating certainty from ambiguity have always been essential to crafting successful business plans. Business Enterprise

More information

Six Best and Worst IRA Rollover Decisions

Six Best and Worst IRA Rollover Decisions Six Best and Worst IRA Rollover Decisions Provided to you by: Bob Planner CPA Six Best and Worst IRA Rollover Decisions Written by Financial Educators Provided to you by Bob Planner CPA DE 068708 ABC Securities

More information

INVESTMENT BOND INCOME AND GROWTH, ALL IN ONE BOND

INVESTMENT BOND INCOME AND GROWTH, ALL IN ONE BOND INVESTMENT BOND INCOME AND GROWTH, ALL IN ONE BOND PAGE 1 INVESTING GROWTH, INCOME OR A COMBINATION OF THE TWO? WHAT IS A BOND? THE INVESTMENT BOND AT A GLANCE PAGE 2 FINDING A BALANCE INVESTING FOR GROWTH

More information

Think you know the Next Gen investor?

Think you know the Next Gen investor? UBS Investor Watch Analyzing investor sentiment and behavior 1Q 2014 Think you know the Next Gen investor? Think again. a b See what s really on their minds 2 UBS Investor Watch Lazy. Entitled. Narcissistic.

More information

Walking Through Some Examples of Futures and Options Contracts Speculation and Hedging

Walking Through Some Examples of Futures and Options Contracts Speculation and Hedging Walking Through Some Examples of Futures and Options Contracts Speculation and Hedging As Dr. Cogley said in class the other day, sometimes futures contracts and options are hard to wrap your head around

More information

Please give us a call toll-free at (888) 238-0952 or visit our website at EasySBA.com for more information on our aggressive loan programs.

Please give us a call toll-free at (888) 238-0952 or visit our website at EasySBA.com for more information on our aggressive loan programs. February 9, 2015 Dear Intermediary, Diamond Financial would like to thank you for considering us in your future business acquisition financing opportunities. Business Intermediaries are our #1 source of

More information

The Easy Way To Flipping Domain Names

The Easy Way To Flipping Domain Names The Easy Way To Flipping Domain Names Published by http://rebirthmediagroup.com Disclaimer: The rights of this ebook are owned by Rebirth Media Group. You are not allowed to copy, reprint, or sell this

More information

THE JOY OF HOME OWNERSHIP FAQ

THE JOY OF HOME OWNERSHIP FAQ THE JOY OF HOME OWNERSHIP FAQ Congratulations. By visiting the JoyofHomeownership.com, you are one step closer to owning your own home. Below are answers to a few Frequently Asked Questions concerning

More information

Life insurance basics

Life insurance basics Life insurance basics By Nicholas Schidowka, President Insurance Cleveland Agency, LLC Many people buy life insurance to make sure loved ones remain financially secure in case of death. Life insurance

More information

The Five Biggest Pitfalls Dentists Need to Avoid When Buying a Dental Practice By Troy C. Patton, CPA/ABV

The Five Biggest Pitfalls Dentists Need to Avoid When Buying a Dental Practice By Troy C. Patton, CPA/ABV The Five Biggest Pitfalls Dentists Need to Avoid When Buying a Dental Practice By Troy C. Patton, CPA/ABV Troy Patton, CPA/ABV is an accountant from Indianapolis Indiana. Mr. Patton started his practice

More information

FIX YOUR FOLLOW-UP PROCESS

FIX YOUR FOLLOW-UP PROCESS FIX YOUR FOLLOW-UP PROCESS CAPTURING THE LOST OPPORTUNITIES IN YOUR SALES FUNNEL Automated Advisor - Fix Your Follow Up Process BRANDON STUERKE 1 Fix Your Follow Up Process The Cold, Hard Facts Here is

More information

Sales people who are trying to switch your phone service or put you on VoIP. Sales people who work for companies who fix billing errors.

Sales people who are trying to switch your phone service or put you on VoIP. Sales people who work for companies who fix billing errors. Introduction Truth about Managing Telecom Costs. Many people hear all the time from sales people promising to reduce telecom costs. Yet often these promises are never delivered on. There are typically

More information

Life Insurance Buyer's Guide

Life Insurance Buyer's Guide Life Insurance Buyer's Guide This guide can help you when you shop for life insurance. It discusses how to: Find a Policy That Meets Your Needs and Fits Your Budget Decide How Much Insurance You Need Make

More information

A Day With A Master To Discuss America s Perfect Home-Based Business

A Day With A Master To Discuss America s Perfect Home-Based Business Fast Track To Wealth JaxREIA A Day With A Master To Discuss America s Perfect Home-Based Business This Recession Won t Last, And When It Goes, So Will The Best Chance In Your Lifetime For An Average Person

More information

Chris Pan, CWM, MFP-USA. MBA (Financial Management)-Aust MBA (Marketing)-UK Email: wwpan@singnet.com.sg Http://www.FMDynamics.com

Chris Pan, CWM, MFP-USA. MBA (Financial Management)-Aust MBA (Marketing)-UK Email: wwpan@singnet.com.sg Http://www.FMDynamics.com Chris Pan, CWM, MFP-USA MBA (Financial Management)-Aust MBA (Marketing)-UK Email: wwpan@singnet.com.sg Http://www.FMDynamics.com Its Your Business and Your Life. If your re like most small business owners,

More information

VALUATION observations

VALUATION observations November 2010 Vol. 2010-05 230 West Street Suite 700 Columbus, OH 43215 614.221.1120 www.gbqconsulting.com 111 Monument Circle Suite 500 Indianapolis, IN 46204 317.423.0150 www.gbqgoelzer.com VALUATION

More information

ESOP Advantage. Employee Stock Ownership Plan

ESOP Advantage. Employee Stock Ownership Plan ESOP Advantage Employee Stock Ownership Plan E The Smart Way to Structure Your Business The most important business move you ll ever make - could be your next one. If you are an entrepreneur launching

More information

How To Set Up A Video Email Referral Marketing Campaign That Spits Out Referrals & Repeat Business

How To Set Up A Video Email Referral Marketing Campaign That Spits Out Referrals & Repeat Business How To Set Up A Video Email Referral Marketing Campaign That Spits Out Referrals & Repeat Business 1 The Key To Long Lasting Referral & Repeat Business Lead Generation Before we get started here s something

More information

Part 5: Saving and Investing Money

Part 5: Saving and Investing Money Part 5: Saving and Investing Money CHAPTER 13: Putting Your Money to Work Saving and Investing Let s discuss... $ Basic banking $ Saving money $ Investing money When it comes to saving and investing,

More information

How to make changes to your annuity income

How to make changes to your annuity income How to make changes to your annuity income What s inside 2 Is it time to make a change? 3 Your annuity income 5 TIAA Traditional income 7 TIAA and CREF variable income 10 Ways to adjust your annuity income

More information

CHAPTER 18. Initial Public Offerings, Investment Banking, and Financial Restructuring

CHAPTER 18. Initial Public Offerings, Investment Banking, and Financial Restructuring CHAPTER 18 Initial Public Offerings, Investment Banking, and Financial Restructuring 1 Topics in Chapter Initial Public Offerings Investment Banking and Regulation The Maturity Structure of Debt Refunding

More information

Beginners Guide to Asset Allocation, Diversification, and Rebalancing

Beginners Guide to Asset Allocation, Diversification, and Rebalancing Beginners Guide to Asset Allocation, Diversification, and Rebalancing Even if you are new to investing, you may already know some of the most fundamental principles of sound investing. How did you learn

More information

ab YOUR GUIDE TO THE LEGAL PROCESS FOR SELLING A PROPERTY

ab YOUR GUIDE TO THE LEGAL PROCESS FOR SELLING A PROPERTY YOUR GUIDE TO THE LEGAL PROCESS FOR SELLING A PROPERTY Selling a house or flat is almost certainly one of the most important transactions you'll ever make. Obviously you want to get it right, and it's

More information

Sell Your House in DAYS Instead of Months

Sell Your House in DAYS Instead of Months Sell Your House in DAYS Instead of Months No Agents No Fees No Commissions No Hassle Learn the secret of selling your house in days instead of months If you re trying to sell your house, you may not have

More information

Persuasive. How to Write Persuasive. Social Media Proposals

Persuasive. How to Write Persuasive. Social Media Proposals Persuasive Social Media Proposals How to Write Persuasive Social Media Proposals How to Write Persuasive Social Media Proposals! You got started in social media because you wanted to connect with people

More information

The Doctor-Patient Relationship

The Doctor-Patient Relationship The Doctor-Patient Relationship It s important to feel at ease with your doctor. How well you are able to talk with your doctor is a key part of getting the care that s best for you. It s also important

More information

EXPERT: Richard Watson, Business Succession Planning Specialist, Wells. VIDEO DESCRIPTION: Learn how to keep the buyer in mind, make your

EXPERT: Richard Watson, Business Succession Planning Specialist, Wells. VIDEO DESCRIPTION: Learn how to keep the buyer in mind, make your WELLS FARGO BUSINESS INSIGHT SERIES VIDEO TITLE: Preparing your business for sale MODERATOR: Rich Sloan, StartupNation EXPERT: Richard Watson, Business Succession Planning Specialist, Wells Fargo Business

More information

THE 10 MOST POWERFUL CHANGES THAT WILL INCREASE SALES IN YOUR COMPANY IMMEDIATELY!

THE 10 MOST POWERFUL CHANGES THAT WILL INCREASE SALES IN YOUR COMPANY IMMEDIATELY! THE 10 MOST POWERFUL CHANGES THAT WILL INCREASE SALES IN YOUR COMPANY IMMEDIATELY! LEADS X CONVERSIONS = SALES Most companies put all their efforts into generating more leads to generate more sales. In

More information

Succession Planning. 4imprint.com

Succession Planning. 4imprint.com Succession Planning 4imprint.com About 60% of private businesses are owned by baby boomers. As these boomers draw closer to retirement, succession planning and intergenerational business transfers become

More information

My Name Is Chris Curry... And I'd Like To Make

My Name Is Chris Curry... And I'd Like To Make My Name Is Chris Curry... And I'd Like To Make A Confession I sold real estate the hard way for way too long. You see, I thought the key to improving my business was working harder. So I worked harder.

More information

The Commission Cutting Report

The Commission Cutting Report The Commission Cutting Report Why they re being cut and what you can do about it! By Mike Ferry Page 1 of 17 THE COMMISSION CUTTING REPORT Why am I writing a report of this type? Why is a report of this

More information

Financial Planning and Your Small Business

Financial Planning and Your Small Business Financial Planning and Your Small Business FAMILY PLANNING EDUCATION INVESTMENT RETIREMENT SAVING EQUITY FAMILY PLANNING EDUCATION INVESTMENT RETIREMENT SAVING EQUITY FAMILY PLANNING EDUCATION INVESTMENT

More information

Partnering with you to buy your home or investment property. Buying an Investment property

Partnering with you to buy your home or investment property. Buying an Investment property Partnering with you to buy your home or investment property Buying an Investment property Buying an investment property Investment property expenses To run a successful rental property you ll need a detailed

More information

Viewpoint on Value. Built-in capital gains tax can be a real drag. Knowing value is half the battle

Viewpoint on Value. Built-in capital gains tax can be a real drag. Knowing value is half the battle Viewpoint on Value November/December 2009 Built-in capital gains tax can be a real drag Knowing value is half the battle One price doesn t fit all Making sense of valuation discounts SBA tightens business

More information

IPO Why, When, How. Swiss Business Week, Riga March 5, 2013 Dr. C.-G. Malmström. Professor, Swiss Business School

IPO Why, When, How. Swiss Business Week, Riga March 5, 2013 Dr. C.-G. Malmström. Professor, Swiss Business School IPO Why, When, How Swiss Business Week, Riga March 5, 2013 Dr. C.-G. Malmström Professor, Swiss Business School Definitions Initial Public Offerings (IPO) -For firms with no publicly traded stock Seasoned

More information

AT HD VEST FINANCIAL SERVICES YOU RE FAR MORE THAN A NUMBER

AT HD VEST FINANCIAL SERVICES YOU RE FAR MORE THAN A NUMBER AT HD VEST FINANCIAL SERVICES YOU RE FAR MORE THAN A NUMBER In an industry where sales and production rankings drive everything from compensation and fees, to the level of support, training, networking

More information

Invest in your future

Invest in your future Invest in your future Investing, and your Pensions NO BETTER TIME THAN THE PRESENT - Investing, and Your Pension The sooner you start investing, the better off you will be. Taking an early interest in

More information

Ep #19: Thought Management

Ep #19: Thought Management Full Episode Transcript With Your Host Brooke Castillo Welcome to The Life Coach School podcast, where it s all about real clients, real problems and real coaching. And now your host, Master Coach Instructor,

More information

How help business owners prepare for the future

How help business owners prepare for the future Take Control: How Business Valuations help business owners prepare for the future Four things you will learn from this whitepaper: This whitepaper will have special interest to people in the following

More information

COPY. The Critical Role of Investment Management Reporting. PORTFOLIO Richard Bloch

COPY. The Critical Role of Investment Management Reporting. PORTFOLIO Richard Bloch Objective: Create fulfillment materials for lead generation offer, Inc. is the world s leading provider of automated solutions for investment professionals enabling these firms to run their businesses

More information

Let s start with a couple of definitions! 39% great 39% could have been better

Let s start with a couple of definitions! 39% great 39% could have been better Do I have to bash heads together? How to get the best out of your ticketing and website integration. Let s start with a couple of definitions! Websites and ticketing integrations aren t a plug and play

More information

PASSING THE TORCH. How to plan for a successful succession

PASSING THE TORCH. How to plan for a successful succession PASSING THE TORCH How to plan for a successful succession KEY TAKEAWAYS Having a succession plan in place is vital to the ongoing success and potentially to the near-term growth of your practice. You can

More information

Protect your business and shape your future. Top 10 questions for business owners.

Protect your business and shape your future. Top 10 questions for business owners. Protect your business and shape your future. Top 10 questions for business owners. What is the sign of a good decision? Clarifying what you want to achieve in your life, what you care most about, and how

More information

Financial Planning and Your Small Business

Financial Planning and Your Small Business Financial Planning and Your Small Business The Financial Planning Association (FPA ) is the leadership and advocacy organization connecting those who provide, support, and benefit from professional financial

More information

Arizona Property Advisors LLC

Arizona Property Advisors LLC PRIVATE MORTGAGE INVESTING ARIZONA PROPERTY ADVISORS LLC www.buyazcashflow.com 480-228-3336 Table of Contents The Basics of Private Mortgages 1 What is a Private Mortgage? 1 Why Would Someone Borrow From

More information

Brought to you by. Technology changes fast. From new apps to digital marketing, it can feel impossible to keep up.

Brought to you by. Technology changes fast. From new apps to digital marketing, it can feel impossible to keep up. 1 Brought to you by Technology changes fast. From new apps to digital marketing, it can feel impossible to keep up. At The Paperless Agent, our mission is to help real estate professionals from all experience

More information

What is an annuity? The basics Part 1 of 8

What is an annuity? The basics Part 1 of 8 What is an annuity? The basics Part 1 of 8 You may be considering an annuity, and, if that s the case, it is important that know what an annuity is and isn t. Basically, an annuity is a contract with an

More information

A CONSUMER GUIDE TO LIFE SETTLEMENTS

A CONSUMER GUIDE TO LIFE SETTLEMENTS A CONSUMER GUIDE TO LIFE SETTLEMENTS Open Life Settlements 866.877.4054 Maximizing the Value of Your Life Policy Your unwanted life insurance policy can be an incredible asset. Open Life Settlements can

More information

50 Tough Interview Questions

50 Tough Interview Questions You and Your Accomplishments 1. Tell me a little about yourself. 50 Tough Interview Questions Because this is often the opening question, be careful that you don t run off at the mouth. Keep your answer

More information

How to answer the most common interview questions

How to answer the most common interview questions How to answer the most common interview questions Why should we hire you? Out of all the interview questions you ll be asked, Why should we hire you? provides perhaps the biggest opportunity to sell yourself.

More information

How to Work With Your Bookkeeper & CPA

How to Work With Your Bookkeeper & CPA No matter how big or small your business, it will have bookkeeping and tax needs! To begin your journey on how to work with a good bookkeeper and CPA, you must first understand the accounting needs of

More information

Financial Advisor Interview Questionnaire

Financial Advisor Interview Questionnaire Financial Advisor Interview Questionnaire Advisor name: Company Name: Cyril S. White White House Financial & Investment Solutions, LLC Date: January 16, 2012 Why did you become a financial planner? I became

More information

Your helpful life insurance guide: Empty nesting

Your helpful life insurance guide: Empty nesting Your helpful life insurance guide: Empty nesting As your kids grow up and leave the house, life insurance should still be a part of your plan going forward. Amica Life can help you determine if you have

More information

Create Your Own $1 Million Message Elevator Pitch Template Workbook

Create Your Own $1 Million Message Elevator Pitch Template Workbook Create Your Own $1 Million Message Elevator Pitch Template Workbook E-Learning Marketing System The volume of content in this program can be overwhelming You have no idea where to go what to do or how

More information

How To Buy Stock On Margin

How To Buy Stock On Margin LESSON 8 BUYING ON MARGIN AND SELLING SHORT ACTIVITY 8.1 A MARGINAL PLAY Stockbroker Luke, Katie, and Jeremy are sitting around a desk near a sign labeled Brokerage Office. The Moderator is standing in

More information

ReverseMortgages.com, Inc. A Guide to Reverse Mortgages

ReverseMortgages.com, Inc. A Guide to Reverse Mortgages ReverseMortgages.com, Inc. A Guide to Reverse Mortgages Table of of Contents Introduction Our Commitment to You Is a Reverse Mortgage Right for You? Getting Your Reverse Mortgage: Questions & Answers How

More information

Annuities: Basics You Need to Know Last update: May 14, 2014

Annuities: Basics You Need to Know Last update: May 14, 2014 Summary Annuities: Basics You Need to Know Last update: May 14, 2014 The key feature of most annuities is the promise to provide you an income for life, no matter how long you live. This paper explains

More information

Q: What types of businesses/industries can benefit from the SBA loan programs? A: Most small owner-operated business can benefit from SBA loans

Q: What types of businesses/industries can benefit from the SBA loan programs? A: Most small owner-operated business can benefit from SBA loans Interview with Alan Thomes, President, SBA Loan Division State Bank and Trust Company For many new start-ups and small businesses, an SBA loan may be an appropriate form of financing. In this interview

More information

Life Insurance. Single Premium Life Insurance

Life Insurance. Single Premium Life Insurance Life Insurance Life insurance provides cash for many important expenses to help survivors deal with a number of pressing financial issues after the loss of a loved one. Proceeds from a life insurance policy

More information

Guide for Homebuyers

Guide for Homebuyers Guide for Homebuyers Tips for Getting a Safe Mortgage You Can Afford Q u i c k S u m m a ry Figure out what you can afford. Contact at least 3 different lenders or brokers. When you call, say: I m buying

More information

DAILEY RESOURCES, INC.

DAILEY RESOURCES, INC. DAILEY RESOURCES, INC. PREPARING FOR THE SALE OF YOUR PRIVATELY HELD BUSINESS For an entrepreneur, selling his or her business can be the largest and most important deal of his or her career. Whatever

More information

MassMutual Business Owner Perspectives Study

MassMutual Business Owner Perspectives Study A Guide for Business Owners MassMutual Business Owner Perspectives Study Women s Insights Contents 2 Start-up stage Reasons for owning a business Sources of business financing Views on managing finances

More information

Welcome to Aspire. Expert financial advice for you

Welcome to Aspire. Expert financial advice for you Welcome to Aspire Expert financial advice for you Welcome to Aspire At Aspire we have one goal in mind to give you the financial advice you need and complete peace of mind that your finances are in the

More information

Life After Bankruptcy. By Jason Amerine

Life After Bankruptcy. By Jason Amerine Life After Bankruptcy By Jason Amerine Bankruptcy: A Fresh Start for You Every day I have clients ask me about what life might be like after bankruptcy, and perhaps you re feeling that way, too. Sure,

More information