Family Business Lessons
Chloe Copple, Business Exit Planning Advisor I love working with family businesses. Being a part of one that my Father has led for 30 years, I’m always eager to learn more practices and lessons to apply. Here are a few of my favorite tips and takeaways from studying, partnering with, and be …
Business Succession Planning: Your Business Without You
Chloe Copple, Business Exit Planning Advisor Take your mind where it doesn’t want to go: tragedy. A chronic illness. A freak accident. A divorce. A falling out with a business partner. A heartbreaking loss that turns your world upside down.
Funding a Buy-Sell with Insurance
Chloe Copple, CEPA Business Exit Planning Advisor “The best insurance policies are the ones we never end up needing.” – Jamie Hopkins In his book, Find Your Freedom, Hopkins describes insurance as a tool to complete your financial plan and offer peace of mind and protection for you …
My Letter to the Second Generation Business Owner
Dear Second Generation Business Owner,
You, like me, have joined something that your mother or father (or both) spent a great deal of time developing. Like any other major part of their life, this venture caused them stress, distraction, possible turmoil as well as their potential fortu …
Outsource Your Weaknesses
Chloe Quigley, Business Exit Planning Advisor
Outsourcing your weaknesses is one of the best things you can do for yourself and your overall plan as a business owner.
Think back to your earliest childhood dream for your future. What did you want to be?
Breaking Down the Basics of ISOs
Companies have several tools they can deploy in order to retain top talent, and one that is gaining traction is incentive stock options, or ISOs. Much like non-qualified stock options (NSOs), ISOs are a form of equity compensation in private or public companies.
Retirement Plans for Small Business: Comparison Chart
401(k), SEP, Simple, Defined Benefit, rollovers, conversions, pre-tax, post-tax – there’s a lot to think about when it comes to retirement plans. This gets even more complex as a small business owner when you’re on the other side of the table. We put together this comparison chart, wh …
Four Ways the CARES Act Can Help Your Business
From loans to tax breaks to credits, the CARES Act attempts to provide relief to small- and medium-sized businesses. As unemployment numbers reach an all-time high, the government is looking for ways to keep Americans employed by helping employers meet payroll.
COMPLIMENTARY RESOURCE
Business Succession Planning Checklist
You remember your first day of business. But what about your last day? Succession planning is more complex than it may seem. Our guide walks you through the details.
