Business Owner
How Business Owners May Benefit from Working With a CEPA
Submitted by Business Owner Succession Strategies | Edina, Minnesota on June 26th, 2022
If you own a business, there are many decisions to make on a day-to-day basis. But, when it comes to selling your business, transferring it to key employees or family members, or retiring, planning can often become more complex. It is essential for business owners to have an exit plan as they transition to the next phase of life.
3 Estate Planning Tips for Small-Business Owners
Submitted by Business Owner Succession Strategies | Edina, Minnesota on April 6th, 2022
For business owners, estate planning may seem like another task to do on a long to-do list. Having a solid estate and succession plan in place may be crucial to your business's long-term success. If you are incapable of making business decisions, or if you unexpectedly pass away without an estate plan, your heirs may scramble to keep your business afloat.
Sustainability For Small Businesses
Submitted by Business Owner Succession Strategies | Edina, Minnesota on April 6th, 2022Business Planning for Continuity - "Life After Death"
Submitted by Business Owner Succession Strategies | Edina, Minnesota on March 4th, 2022FIVE ATTRIBUTES OF SUCCESSFUL ENTREPRENEURS, FIVE TIPS FOR RUNNING A BUSINESS AND SUCCESSION PLANNING 101
Submitted by Business Owner Succession Strategies | Edina, Minnesota on March 4th, 2022
What does an entrepreneur need to create a dynamic company? The right mindset is a big part of it.
As an entrepreneur, you devote half your time or more to the daily hustle, making things happen and accomplishing goals. The other half is looking ahead, knowing where you want to be and when. For some, overcoming the mental anxiety of uncertainty is the first big step.
The Solution to the Rainmaker’s Dilemma
Submitted by Business Owner Succession Strategies | Edina, Minnesota on February 23rd, 2022How to Hire Your Children
Submitted by Business Owner Succession Strategies | Edina, Minnesota on December 16th, 2021
If you are a business owner with school-aged children, you may have an opportunity to help your children earn spending money, learn valuable job skills, and lower your taxes. Business owners may employ their children without paying certain payroll taxes. Children may work in their family's business at a far younger age than they could legally work for a non-family-owned company.