Chas Woodhull, Financial Advisor and Dan Palmer, Financial Representative of Northwestern Mutual discuss topics including: I've sold my business...now what?What if I don't get the exit I need or want?How can I minimize taxes on the sale of my business?What's the best way to manage my new assets given my needs? In case you missed...
If divorce is an issue when selling a business, owners usually split the proceeds of any sale equally, so getting the best price and terms available for both sellers is critical. Taking advantage of the expertise of an experienced business advisor and broker is essential to the best possible outcome. Dissolving a partnership due to...
Chris Snider, CEPA, CEO of the Exit Planning Institute and Chas Woodhull, Financial Advisor of Northwestern Mutual discuss topics including: How does an owner know if the time is right to transition?Is there a consequence to taking an attractive business that is not ready to transition to market?How do I know if my business is...
Source: MSCA Connection Featuring Richard Jahnke, Sunbelt Business Broker Small businesses drive the American economy. Of the estimated 27 million business in the United States, 99% fall under the U.S. Small Business Administration’s definition of small businesses (businesses with fewer than 500 employees). Most small businesses will experience a change of ownership through either a...
John Groppoli, Franchise Specialist and Chris Jones President of Sunbelt Business Advisors hosted our quarterly Be Your Own Boss Seminar. Topics covered included: COVID-19 Impacts to the market (2:30)Purchasing an existing business (6:30)Purchasing a franchise license (43:00)Spotlight franchise opportunities (1:05:30) In case you missed it: https://www.youtube.com/watch?v=K-aK9HeL9pU Download Presentation
Tony Hallada of CLA Wealth Advisors was our guest speaker on the topic of Opportunity Zones and the benefits of qualified opportunity funds (QOF) to potentially leverage three tax benefits: initial gain deferral, basis step-ups, and tax-free appreciation. In case you missed it: https://www.youtube.com/watch?v=gre9IXp0Lgg Download Presentation
Once you have narrowed down your top choices for a purchase, you will want to learn more. At this point you understand the business at a high level, and you are serious enough about purchasing that you are ready to see the business and meet the owner. This is an important step before you submit...
Confidentiality This is crucial to securing a successful transaction. Please make sure that you refrain from having any contact with employees, vendors or clients. Doing so could significantly impact the Seller’s business and the viability of your transaction. In addition, you may be liable for damages to the business.Show your financials. You will not be...
CIBC’s Deputy Chief Economist Robert Tal presents on what 2021 will look like amidst the COVID-19 pandemic and the economic impacts it has had. https://youtu.be/mEpKJZTOxHU Sunbelt’s Key Takeaways * The COVID-19 effect upon the economy is not over but with the vaccine being rolled out, the economy should see a massive recovery in the second...
