Does your Business Qualify for the Small Business Capital Gains Exemption?

small business capital gains exemption

Selling Your Business Doesn’t Mean You Qualify for the Small Business Capital Gains Exemption As a business owner, you may be aware that when you dispose of shares in your business, you could receive an exemption on all or a portion of the capital gains that ordinarily would be taxable. This is due to the Lifetime Capital Gains Exemption which … Read More

What Role Should Charity Have in the Sale of Your Business?

money management mistakes

How are a charity and the sale of your business even related? One represents the ultimate capitalist success story, and the other is an organization set up to provide help and raise money for those in need. Here’s the link. For many business owners selling your business represents the most significant tax event in your lifetime. Charity represents an excellent … Read More

8 Tips To Make Your Family Business Succession Plans Successful

 Family Business Succession Plans Strategies If you are an owner in a family enterprise, the likelihood of your business successfully transitioning to the next generations is not very good.  This has not changed over the years. Statistics show a failure rate of: 67% of businesses fail to succeed into the second generation 90% fail by the third generation With 80% to … Read More

What are the Keys To Planning a Successful Business Exit Strategy?

Successful Business Exit Strategy

Can Your Business Exist Without You?  Can You Exist Without Your Business? I meet with an average of 10 business owners every week.  There’s a varied cross-section of industries, size of company and expectations of growth.  Each owner’s idea of success is very different, as well.  The one common denominator amongst them, however, is to leave a legacy and to … Read More