Find out if you are a well-planned business owner by reviewing this checklist for each critical phase of your business. Business capital phase, where the business is building and growing. Personal capital phase, when it’s time to plan for capital assets outside the business capital phase. Legacy capital phase, where managing and transferring wealth are
Realizing the dream of owning your own medical or dental practice takes forethought and careful planning. The financial considerations are key to helping you make the decision to step out on your own and start your own practice. What type of financing do you need to make this dream a reality—a term loan or a
Learn about the benefits of a buy-sell agreement. A buy-sell agreement is an invaluable tool to help preserve a business’ long-term viability. It helps to ensure that each departing owner receives a fair price for his interest, and establishes a funding source for the purchase of each departing owner’s interest. The agreement should be treated
