Business Succession - Idaho Estate Planning

Idaho Estate Planning - Family Business Succession

Have you thought about what will happen to your business in the future? Although it's not an easy decision, the initial step in the planning process for small business owners should be choosing a successor. In many instances, this will be an adult child or grandchild assuming control of the...

Is The Market Right For Selling Your Business?

Your business is likely an inherent part of your life. The decision to part ways with your business is complicated. It can't be easy to hand over your life's work. Nevertheless, there comes a time when it’s worth selling the business and also a time when the market is right. The M&A market is...

Don't Sing The Business Succession Blues

Does the thought of passing on your business give you the blues? One financial planner quoted in a recent Newsday article, titled "Panel Focuses On Boomer Business Owners' Retirement Plans," says that "Seventy-five percent of companies—and some estimates are higher—don't sell... The owners...

Idaho Estate Planning - Your Power of Attorney & Your Business

Business owners rarely get substantial time off from their day-to-day duties. Running a business is a 24-7 job for most, even strategizing long after business hours are over.Hopefully you are fortunate enough to have a son, daughter, or a trusted employee you have mentored to run the business if...

Idaho Business Succession Questions to Ask Yourself

Done right, a business succession or sale requires the ability to ask the right questions, let alone have the right answers. And there is no shortage of good questions to ask of yourself, your company, your family, and of course, the potential buyer.Fortunately, a recent article in The Business...
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