How To Know When You are Ready To Exit Your Business The answer to this challenge is both situational and personal. Whether you plan on leaving the business altogether or you want to work as long as you are able, most people agree that achieving financial independence should be a primary goal. You may want [...]
Big Question!! How much should the value of a funeral home be discounted if the facility is being sold for other use? A funeral home in your area has accepted an offer for their real estate that is much greater than the business is worth. How much would you discount the value of the business if you [...]
Remember that bill congress needed to pass to see what was in it? Well, surprise!! The Medicare Tax has been expanded to include almost ALL income (active and passive) over $200k for singles and $250k for couples. This even includes the gain on the sale of a personal residence over the exclusion amount. If the [...]
Selling a business is a highly practical exercise wrapped in a thick emotional blanket. Much like the grief cycle we know so well in DeathCare there are stages that are common and, if you know about them, you can prepare. The more prepared you are the better you will be able to negotiate what you [...]
