Investing in a business can be either a purchase of ownership, also known as equity; or a loan to the business. Know which one you’re making before you turn over your money, so that you know what risks of loss of capital you’re facing and know what to expect in return.
At some point your business may have to incur corporate debt in order to fund operations like payroll or purchase of raw materials; expansion; or a partner buyout. Here I discuss corporate debt, collateral, and security interests.
Selling or buying a business: Start early so you can get the best price and plan for the tax consequences of the transaction.
Business succession planning. You’ve planned to start your business, you’ve planned to grow it to a success. Have you planned on how you’re going to leave it?
Buying or selling a business: start working with me early in the process to structure the deal to preserve capital and get the best selling or purchase price.
Franchise: Is this the best option to expand your business? Or are there other ways to grow and become profitable?
Legal risks attack your business from every side: partners, investors, vendors, customers and employees. Listen how to identify and mitigate these risks.
Corporation or LLC: it’s a question I get all the time. The answer is not so simple as going down a checklist though. You need to consider who will be making decisions, how profits will be split, what your personal tax situation is, and asset […]
Money! Okay got your attention. The topic is how do you get money – profits – out of your business. It’s not as simple as sticking your hand in the register, or writing yourself a check, especially when there are multiple owners involved. There’s a […]
Does your business have a plan to continue operating if a key owner unexpectedly leaves? Don’t leave succession to chance. It’s not just for majority owners, but minority owners are served by having a plan in place.