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“Damn the Torpedoes” as a Business Transition Strategy

Stuart A. Smith, III |
My Business
"Cancelled Stamp From The United States Featuring Two American Naval Officers, David Farragut And David Dixon Porter.  Farragut Lived From 1801 Until 1870 And Was An Admiral On The U.S.S. Hartford.  Porter Lived From 1813 Until 1891 And Was Admiral On The U.S.S. Powhatan."

“Damn the torpedoes, full speed ahead!!”  There may not be a more iconic statement of the American can-do spirit. Bellowed by Admiral David Farragut on August 5, 1864 while exhorting Union naval forces in the attack on Mobile Bay, his words still resonate nearly 160 years later as a unique national expression of resolve in the face of a challenge.

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Why You May Need a Family Business Employment Policy

Marguerite C. Weese |
Emerald GEMs

March 23, 2021—If your business employs family members, or if you are thinking about hiring relatives for the first time, consider the benefits of a family business employment policy. Not only can a well-thought-out policy lead to greater family harmony, but it can set up your employees—and your business—for greater success as well.

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The Importance of Wealth Planning Before Selling Your Business

Bradley R. Crockett, CFP®, CEPA™️ |
Emerald GEMs

March 9, 2021—When you start to think about selling your business and retiring, it’s important for you to know what your company is worth. However, the current market value may be different from what you will need to maintain your desired lifestyle and meet your retirement goals over the long term. In today’s podcast, National Director of Advanced Financial Planning Brad Crockett explores the importance of personal financial planning before you sell your business.

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