Building a Legacy That Lasts BLOG
Your business is more than numbers on a balance sheet. It’s years of hard work, sacrifice, and the foundation of your family’s future.
If you’re planning to transition out of your business in the next decade through a sale, Third party buyer, employee buyout, Employee Share Trust or family succession, how you exit matters. The right strategy ensures your legacy continues, protects your wealth, and secures your loved ones.
Explore practical insights, proven strategies, and meaningful ways to make your next chapter as impactful as the one you built. Because true success isn’t just what you leave behind, it’s who you leave it for.
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Early Action, Lasting Benefits: 5 Reasons to Begin Tax Planning for Your Business Sale
Imagine sidestepping a gut-wrenching $1 million check to the government. Entrepreneurs selling their beloved businesses often grin at the thought of profits, but the smile fades when that colossal payment is demanded. Those who've stood in this dreaded spot admit they'd do anything to rewrite history with proactive planning. What's your pain threshold? Shield yourself from this agony – preplan your financial fate.
Think Paying Capital Gains Tax When Selling Your Business is Inevitable? Think Again!
Discover strategies to minimize or avoid capital gains tax when selling your business. Explore options like donating to charity, utilizing the lifetime capital gains exemption, establishing an individual pension plan, or creating a family trust. Prioritize tax minimization to maximize your returns and consult experts for guidance. Overcome the fear of taxes and achieve a profitable outcome when selling your business.