Category: Financial Planning

6 Questions Business Owners Should Answer Before Selling Their Business

Financial Planning  |   November 28, 2018  |  
Russ Norwood

The sale of a business is one of the more involved and complex processes a business owner can ever experience; and, in most cases, there is little margin for error. There can be many second chances to overcome mistakes in building a business; however, it is rare to get a second chance when selling a […]

Checklist of Best Strategies to Consider—and Pitfalls to Avoid— After Your Family Experiences A Significant Wealth Event

Financial Planning  |   November 21, 2018  |  
Russ Norwood

First generation wealth creators have many new opportunities, but along with new wealth comes many responsibilities and challenges. For many families, a financial windfall can be life-changing— an opportunity to take their lifestyle up a notch and create a legacy for future generations. Unfortunately, American families don’t have a great track record in that regard. […]

4 Ways to Plan for a Liquidity Event

Financial Planning  |   November 13, 2018  |  
Russ Norwood

Most successful business owners like you reach a critical juncture where you need to plan for the transitioning of your wealth from your business to a personal investment strategy to ensure its continued growth and preservation. Selling your business is the culmination of years of hard work and sacrifice. It should not be met with […]