Divorce is about severing ties and starting over, at the same time. Having a financial plan can help secure your future and give you peace of mind, but this process isn’t without its challenges. You have to reassess everything. Everything you do is built on a set of future goals, and these change when you get divorced. Your future goals aren’t going to be the same; they’re no longer in connection with someone else.
If you’re thinking about selling your business, think twice. Selling a business should never be a spur-of-the-moment decision.
It can happen to the best of entrepreneurs. While a new business owner is putting in long hours to build a business, a marriage can fray. The next thing the owner knows, his or her spouse may be filing for divorce.
This scenario is all too common. Forty percent to 50 percent of all first marriages in the U.S. end in divorce, according to a 2010 report by the National Marriage Project at the University of Virginia. The divorce rate for second marriages is even higher.
Three deceptively simple questions will change the way you think about your company’s future.
Understanding product and customer profitability can give you tremendous insights into your business and provide the intelligence needed to develop strategies for profitable growth.
In TV shows and movies, the typical divorce narrative is to portray women as celebrated victims. Meanwhile, men are depicted as silent sufferers who feel resentment, anger, depression and fear over lingering financial issues, relationship turmoil and worries over breaking up their families. Off camera, the truth is that men don’t always have the tools — or the support — to deal with these very real concerns.
This article is a little dated, but a lot of the observations still hold true.
Are you obsessed with your competition? Concerned about encroachment and trying to anticipate their every move?Or, maybe you are blissfully oblivious. You are unaware or unconcerned of others with similar products or services competing for your customers.
Are You Financially Prepared for Life After Divorce? If you are not sure, this article is for you.
A good article from Business News Daily. Before you decide to see, consider these important questions.
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- Divorce Financial Services
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- Sale of Business
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