The day-to-day demands of running a business can make it difficult to think about the future. And by “future,” we’re not necessarily talking about how your tax liability will look at year-end or how you might grow the bottom line over the next five years. We’re referring to the future in which you no longer […]
Look carefully at three critical factors of succession planning Read More »
Family-owned businesses face distinctive challenges when it comes to succession planning. For example, it’s important to address the distinction between ownership succession and management succession. When a nonfamily business is sold to a third party, ownership and management succession typically happen simultaneously. However, in the context of a family business, there may be reasons to
Does your family business’s succession plan include estate planning strategies? Read More »
Does your business need real estate to conduct operations? Or does it otherwise hold property and put the title in the name of the business? You may want to rethink this approach. Any short-term benefits may be outweighed by the tax, liability, and estate planning advantages of separating real estate ownership from the business. Tax
Separating your business from its real estate Read More »
Family Owned and Operated, Ensuring the BEST Quality in the Industry When Sage Restoration was founded in 2010, Stephanie and Alan just wanted to help homeowners live happy and healthy lives, especially after an unexpected disaster strikes. Clients and friends often ask how they chose restoration services as their industry, and it always comes back
Featured Business- Sage Restoration Read More »
Sign up for our company newsletter featuring professional and personal information.