Tom Schiller, CPA, Plante Moran
Trust administration and estate settlement can be daunting. It’s one thing to accept this position of honor in theory - it’s another to carry out the myriad of responsibilities at hand. So what’s the best option? Family member? Trusted advisor? Professional trustee?
Value Drivers - Key Elements in Family Business Exit and Transition Planning
Crystal Faulkner & Chuck Stevens, Partners, MCM CPAs & Advisors
For many business owners with an eye on retirement or partial transition out of the company, their company is their largest asset. Regardless of how an owner intends to transition (and there are many options), they will be better off if they can maximize their company’s value.
Should A Business Lease or Buy Its Facility?
Eric Joo, Chief Operating Officer, Schueler Group
Almost every business is confronted with this dilemma at some time, and it’s amazing how many times I’m asked to perform a financial analysis to determine the best course of action. Ironically, we all also get pulled into conversations discussing whether it’s best to own or lease a car, purchase a home or rent an apartment, and even what stocks to buy. Hmmm…
Opportunities for Success: Transforming Family Business into Generational Wealth
Joe Davis, Associate Principal, MLA Companies
In closely held businesses, one of the most difficult experiences is the transfer of the business from one generation to the next. There are many opportunities to transfer the business successfully; however, there are also many opportunities to squander what has been built.