Fractional Executives – Have You Heard About This New Trend?
Fractional Executives provide growing companies with access to experience professionals in the area of finance, information technology and legal services. Having an expert “on call” is a smart strategy for many growing businesses.
When Does Business “Take Root”?
I read a really interesting article in Forbes recently, which is linked below. We’ve all read the statistics about how small businesses account for the vast majority of job growth (and innovation) in this country. But when does a “start-up” turn into a “scale up” – that is, a business that is truly growing and […]
Basic Tax Considerations When Buying a Business
During the last couple months, I have had a surge of business purchases or sales. I thought this would be a good time to share some basic observations about the tax implications of buying or selling a business. The video below will provide you with some pluses and minuses, from a tax perspective, of buying […]
Starting a New Business in the New Year
The New Year is a great time for new beginnings, like starting a new business!
What Motivates a Shark?
Kevin O’Leary, one of the investor-stars of Shark Tank, gave an interview recently. He was asked what motivates entrepreneurs to do what they do. Many people may not realize, but all of the Sharks on the TV show are real investors who have built and sold businesses before, including O’Leary, who first started out in […]
The Green Wave is Coming
Hi, folks. Many business publications have written articles in the last few years about how the Baby Boomer Generation is approaching retirement age. While many people may be sick of hearing about the Boomers, many of them are business owners who have to start thinking about an exit, and how to harvest what they have […]
“It’s Always Best to Start at the Beginning” – Setting Up a Business Entity
For my first blog post, let’s start with the first thing that every business owner should consider – setting up a business entity when you start a new company. What do I mean by “a business entity”? I mean setting up a corporation or a limited liability company (“LLC”) as the formal structure of your […]