The Dangers of Transferring to Children without Planning
After building a successful business, many business owners decide that they want to transfer their ownership to their children. Too […]
Author: Paul E. Honeycutt, CFP & Ronald F. Smith, CLU, ChFC
Paul E. Honeycutt, CFP® (CA Insurance #0728831) and Ronald F. Smith, CLU®, ChFC® (CA Insurance #0688599), are Registered Representatives and Investment Adviser Representatives with/and offer securities through Commonwealth Financial Network®, Member FINRA/SIPC, a Registered Investment Adviser. They also are Investment Adviser Representatives of H.S. Financial, Inc., a Registered Investment Adviser. Advisory services offered by H.S. Financial, Inc. and fixed insurance products and services offered by Honeycutt Smith & Associates are separate and unrelated to Commonwealth.
Creating Value in Your Business to Get Top Dollar When You Leave It
IE3 looks at how to create value in your company.
What Does Your Business Value Tell You?
IE3 looks at why you need to know the value of your company.
Unintended Consequences
IE3 has some tips for making sure your business succeeds after you pass away.
Either You Have It, Or You Don’t
Business owners planning for a successful future should always begin by identifying and understanding their primary objectives for themselves, their […]
Where’s the Incentive in Your Incentive Plan?
Incentive plans are an important part to keeping key employees. IE3 looks at how you can set up one for your company.
Put Your Objectives in the Driver’s Seat
When planning for you exit from your company, make sure your priorities, needs, and wants are met before you make any moves.
Death and Taxes vs. Preserving Wealth: The Final Exit Planning Contest
Exit planning is tough, so IE3 is looking at what you can do to preserve your wealth.
Avoiding Disaster in Business Transfer to Insiders
Succession planning is an important part of owning a business. So, IE3 has another article on how to avoid disaster when transferring your business to a new owner.
Building Value is the Win-Win-Win of Exit Planning
Planning for your exit from your company is important to making it a smooth transition. IE3 has some tips for making sure that happens.
Equality and Fairness in Transfers to Kids
It’s common for companies to be passed from parents to children in the industry. However, there are several things you need to consider when doing this.
Want to Sell Your Company? An Intermediary Third Party May Be the Answer
You may think you are the best person to sell your business, but you are probably wrong. Here are some tips for why using a third party will make the sale smoother.
Exit Planning Pays Long-Term Dividends
Having an exit strategy for when you leave you company will ensure that it will continue to be successful long after you’ve left the helm.
What is an ESOP?
What’s your plan for your company when you decide to stop working? Maybe an ESOP would work. Learn what they are exactly and why they’re a good option.
Lifetime Ownership Buyout
Having a plan in place for ownership buyout is necessary to ensure your company continues to be successful in the event that one partner wants or needs to leave.
