This new post from Cindy Fields delves into the different types of buy-sell agreements, equipping you with the knowledge to choose the one that best suits your business needs. Understanding these options empowers you to create a robust framework for a smooth and successful transfer of ownership, ensuring your business’s long-term stability.
From cash reserves to financial professionals, here are five key ideas to help your business navigate volatility and build long-term resilience.
Selling a business can be complex. Not unlike anything else in your business life, selling a business needs a strategy and a tactical plan. In this post, Cindy shares four key questions owners should consider before doing so.
Transitions and change are challenging—especially for small business owners. It can be tough to wrap your head around leaving something you created and led, and even more complex if multiple people might be interested in taking over. That’s why I wrote 6 Steps to Succession Planning for Businesses.
Exceptional advisors understand that a “key person insurance” clause within a purchase agreement requires a corporately owned key person life and disability policy to keep the company – and the deal – afloat.
