by Brett Wilder | Aug 14, 2022 | Business Exit, Business Planning, Business Succession, Family Business Planning, Personal Freedom, Resources
Would you just jump into a car or take an airplane to go wherever without planning your trip? If so, you would likely wind up somewhere other than where you intended if you had planned your course. Nevertheless, this is how many people plan their travel through life....
by Brett Wilder | Jul 1, 2022 | Business Exit, Business Planning, Business Succession, Family Business Planning, Financial Planning, Resources
The value and transferability of a business is partially determined by your industry. For example, these days cloud-based software companies are considered more valuable than printing companies. However, when analyzing businesses in the same industry, there are major...
by Brett Wilder | Jun 16, 2022 | Business Exit, Business Planning, Family Business Planning, Financial Planning
As a first generation family business owner, I periodically experienced various degrees of frustration, anxiety, and stress. Here are 8 ways I used to ease my discomforting moments. 1. Practice mindfulness meditation. Studies show that you can find a sense of calm by...
by Brett Wilder | Jun 5, 2022 | Business Planning, Family Business Planning, Wealth Management
Many family business owners run a “business” that’s thriving, but which will die when they’re no longer there to nurture it. Do you own a valuable family business or a worthless job? There are eight drivers for building a valuable family business. One of the drivers...
by Brett Wilder | Jun 1, 2022 | Business Exit, Business Planning, Business Succession, Family Business Planning, Financial Planning, Personal Finance, Wealth Management
Many family business owners fail to properly plan how to best grow and transition their business for maximum value and harmonious continuity. First Generation family business owners are especially vulnerable because the family successor component of their business...
by Brett Wilder | May 27, 2022 | Business Planning, Business Succession, Family Business Planning, Financial Planning, Personal Freedom
To begin, realize that there’s a difference between being rich and being enriched. Being rich is having abundant valuable material “things”, such as houses, cars, jewels, etc, that money can buy. Being enriched is having a life that’s meaningful, substantial, and...
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