Archive for March, 2009

The ABC’s of Family Business Succession Planning

Succession Planning ABC

For a small business owner, succession planning is anything but simple or easy. Perhaps that’s why business owners so often avoid it. It’s another case of the longest journey beginning with a single step. In that spirit, these three steps can start you thinking about succession planning – clarifying the “why”, the “who”, [...]

Is a CPA Part of Your Family Business Succession Planning Team?

Finding Small Business Accountants to Strengthen Your Company
Small business accountants can provide a great deal more than just general bookkeeping. 
Choosing the right small business accountant can help you grow your business with their advice in advance of your decisions more efficiently and cost effectively than almost anything else you can do. 
Making the wrong choice can [...]

What do you think you’re worth?

What do you think you’re worth?by Steven J. Brams
Bonuses are a fact of business life. Last year the Guardian newspaper calculated that the cash rewards paid to London’s financial chiefs comfortably outstripped the UK’s entire transport budget.
With such large sums at stake, envy is bound to raise its ugly head, never a good thing [...]

Family Farm – don’t leave it to the fairies

Comment: You have done articles on Key Person Insurance and Business Succession Planning. I am a country accountant and I can tell you that farming succession planning is the hardest. The issue of my client's family farm Succession is a sensitive one. Succession of the family farm means that dad is either dead or incapacitated. [...]