Business Financial Planning
According to recent surveys, the vast majority of small businesses that start up every year fail. Of those that make it past the first year, only a handful (10 percent) make it to the five year mark. In some cases, small businesses may have a hard time gaining a foothold in a market dominated by established transnational corporate competitors. In other cases, flawed management and financial practices are at fault. Read more…
Business Exit Strategies
Whether you’re a venture capitalist looking to “get in and get out” of a start up, or you’re a small business owner looking to leverage your equity investment to create wealth through new assets, you need a solid exit strategy. True, you can “jump ship” at practically any time. Yet you want to maximize your investment in time, resources, and money. Moreover, you want to minimize the tax consequences of an early exit and maintain positive relationships with the people you leave behind at your company. Read more…