by Ashley Wong | Nov 4, 2019 | business, business planning, Contract, Current Events, exit planning
When starting a business, few business owners consider the details and consequences of closing the business. But even closing a business, if not done the right way, can get a business owner in hot water. Recently, a popular and all-inclusive wedding venue in Everett,...
by Kelly Svihus | Nov 19, 2018 | business, business planning, CEO, exit planning, succession planning
For most business owners, selling a business happens once in your lifetime. You have worked hard to build the business from the ground up, and it’s been a central part of your life for years – perhaps even part of your identity. Before you sell, you need to...
by Michelle Bomberger | Jul 6, 2016 | business, business planning, estate planning, exit planning, succession planning, will
Succession planning has been a hot topic in business planning conversations for years but the focus is often on longer term retirement planning answering questions like “Who will be the next CEO?” and “How will ownership transfer?” Most businesses, though, do not...
by Michelle Bomberger | May 28, 2016 | business, business planning, exit planning, family business, Operations
We often have clients who are in business with others – commonly called “partnerships” even though they are more likely “members” or “shareholders” than partners — where all the partners are working in the business. The elephant in the room for many of these...
by Michelle Bomberger | Mar 1, 2016 | business planning, exit planning, family business, manufacturing, Operations
Over the years, I’ve seen many families find joy and success in working together in a family business – and of course, some that have struggled to maintain balance between these two intertwined parts of their lives. So what’s the secret to success? First and foremost,...
by Michelle Bomberger | Feb 2, 2016 | business, business planning, employer, exit planning, Human Resources, Operations, succession planning
Yeah, we’ve all heard it – you must work “on” your business not “in” it. I’m a big believer; yet I found it, as many business owners do, really tough to execute upon. The reason why? Because it’s easy to find the things that need to be done in day-to-day...
