by Stephen Pascarella | Jan 11, 2024 | Exit Planning
In this second in a series of newsletters on family business transitions, we address five (5) additional issues, which we call pitfalls, that should be considered when building a plan for your exit and the transfer of the business to family members. Transferring a...
by Stephen Pascarella | Jan 11, 2024 | Exit Planning
Amongst the millions of privately-held businesses in the United States, a large percentage are ‘family’ businesses. This means that more than one generation of a family is working in the business. As you, the exiting owner, begin to consider how you and...
by Stephen Pascarella | Dec 12, 2023 | Exit Planning
Preparing for the New Year is an excellent time to consider how living out of your business can impact your retirement and/or your lifestyle if you exit your business without proper planning! The financial benefits of owning a business are much more than generating...
by Stephen Pascarella | Nov 9, 2023 | Exit Planning
“Our thoughts create our reality – where we put our focus is the direction we tend to go” – Peter McWilliams This exit strategies newsletter departs from the technical aspects of Exiting a business. It focuses on the mental challenges of exiting a business –...
by Stephen Pascarella | Oct 18, 2023 | Exit Planning
Many successful business owners try to answer the question, ‘How do I get my company to the next level?’. Many owners exhaust themselves and their resources each year, pushing their businesses to perform at higher and higher levels. However, there are a number of...
by Stephen Pascarella | Sep 30, 2023 | Exit Planning
Thinking About a Future Transition At a certain point in time, a successful business owner stops thinking about all the day-to-day operations and the strategic planning for the company’s execution in the marketplace and starts to think about the future ownership and...