Business Succession and Transition Archives

John Remakel and Marcus Urlaub’s Article for The Catholic Community Foundation of Minnesota Explores How Philanthropy Might Fit into a Business Sale

Selling Your Business? Consider a Donor Advised Fund. What Is a Donor Advised Fund (DAF)? A DAF is a fund held at a public charity or foundation for the purpose of managing charitable donations….

Two ways to transfer a family business

For many people, a family-owned business is their primary source of wealth, so it’s critical to plan carefully for the transition of ownership from one generation to the next. The best approach depends on…

What makes for a sound buy-sell agreement and why you need one

If you own an interest in a closely held business, whether a collision repair shop, brewery, restaurant, manufacturer, distributor or contractor, no matter the industry, it’s critical to have a well-designed, properly funded buy-sell…

Do you have a buy-sell agreement for your business?

If you own an interest in a closely held business, it’s critical to have a well-designed, properly funded buy-sell agreement. It provides a business’s owners and their families with valuable protection upon an…

The Window May Be Closing on Valuation Discounts

If selling or gifting an interest in family-owned businesses or entities is part of your long-term estate/tax plan, the window may be closing on the use of valuation discounts as part of that strategy….

Do You ‘Trust’? 10 Reasons for Franchisors to Embrace Succession Trusts

Two of my partners, John Berg and Scott Husaby, have spent a great deal of time as panelists on the Franchise Times Exit Strategies Seminar Series and have been travelling around the country speaking…

What Does Exit Planning Have To Do With The Franchise World?

The franchise world is getting older. Most of the major franchise systems were developed at least 20 to 30 years ago, and the average franchisee has aged along with the franchise. The aging of…

Business Succession and Transition

CATEGORIES