If you’ve made the decision to sell your small business, there are a number of things you will need to do in addition to consulting with a Family Business Lawyer™ to ensure the process goes smoothly: Set a realistic price. Coming up with a realistic price for your business will entail some research. Look at […]
Read MoreCreating an estate plan for your business is just as important as developing one for your personal assets. Part of estate/succession planning for business is planning for the day you eventually retire and hand the reins of the business over to someone else, either through succession, inheritance or sale. Most small business owners want a […]
Read MoreBaby boomers are the most entrepreneurial generation, with much of their personal wealth tied up in the businesses they own. This makes it more important than ever for boomers to undertake some business estate planning for when it’s time to transition into retirement. Experts caution business owners to avoid these common mistakes when preparing to […]
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