Tips For Business Wealth Management Business owners work hard at perfecting their business to make a living, earn a profit and ultimately sell or transition the business to another group of owners or family members. At the end of the year, our income statements and balance sheets generally indicate whether we were successful. You work incredibly hard to streamline operations, … Read More
Strongly Consider These 7 Points When Deciding to Take a Salary or Dividend
Many business owners struggle with whether to take a salary or dividend from their business. If you look at it strictly from a mathematical standpoint, the difference is like splitting hairs. The government has made that decision pretty easy from a monetary standpoint. In the hands of the business owner, the two are virtually the same. The advantages were obvious … Read More
4 Key Things to Consider When Building Business Owner Wealth
The Keys To Building Business Owner Wealth You’ve built a thriving and successful business. You continue to be profitable and continue to reinvest into your business while building wealth for your eventual retirement. You have a succession plan in place and a plan to exit the business at some point over the next 15 years. The plan is to work … Read More
Is It Time To Discover Where Your Finish Line Starts?
The two things the last few years has taught me is perspective and resiliency. I’ve had an interesting business career thus far. Some elements blessed and other elements, well, not so much. To say I’m wiser for it would be an understatement. I’ve been lucky and unlucky. I’ve been fortunate to have some great successes and some pretty spectacular failures. … Read More