A divorce can become extremely complicated when it involves a closely-held business. This article provides an overview of options for dealing with a business in divorce.
It’s the holiday season and time for my annual primer on budgeting. Be sure to start your new year off right with a solid budget for your business.
Unless you’ve been preparing all along to sell your business, it may make sense to keep it.
You want to increase the value of your business and are uber-focused on the bottom line. That is great, but don’t forget risk mitigation and growth – they are important too!
Divorce can feel like a full time job. Between the (sometimes) contentious texts with your ex-partner, phone calls to your attorney, and figuring out child custody, where you are going to live, and how your new life will look, there is almost always a sense of uncertainty or fear just below the surface. And regardless of how affluent the couple is, there is often a great deal of worry about the financial future.
Follow these tips to maximize the success of your sale and preserve your peace of mind.
Thinking that you might want to sell your business in the next few years? If so, make sure your financial records are up to snuff. It will save you time, effort (and maybe even embarrassment) later on.
No one wants to think about think about getting a divorce, especially when you work with your spouse. Michelle Crosby gets it. No really – she does.
Budgeting decisions are often anchored to the past. Here’s how to dislodge them.
So, you have a great idea for a start-up or you want to expand your current business. You have the perfect business plan and are confident that both revenue growth and profitability are sure-fire. Problem is, you don’t have the capital to fund the start-up or expansion.
Posts and news from Soundpoint Consulting.
- Business Financing
- Business Planning
- Business Success
- Business Valuation
- Buy / Sell
- Customer Satisfaction
- Divorce Financial Services
- Due Diligence
- Efficiency Improvement
- Exit Planning
- Financial Strategy
- Sale of Business
- Value Enhancement