Blog Library

Lessons Learned from Shark Tank

Posted by Jane Johnson on Fri, Dec, 07, 2018 @ 02:13 PM

The dream of owning a business is as American as apple pie. According to research from Vistaprint, three in five or 62% of Americans were dreaming of starting a business at the beginning of 2018. The popularity of the reality show Shark Tank, which recently started its 10th season, has helped to encourage entrepreneurship and make it look easy. It’s certainly entertaining but can be misleading. In reality, starting and growing a profitable business – and then maintaining that value – is extremely difficult. 

Read More

Topics: business owner goals, Shark Tank, Growing a profitable business, maintaining business value, Business ownership transition plan

Transitioning Business Owners Need a Realistic Financial Plan

Posted by Jane Johnson on Mon, Oct, 01, 2018 @ 09:01 PM

As a business owner, no matter what you want your legacy to be after your business transition, you want to ensure that you have enough retirement income. In a recent article, we discuss why it is so important for you to:

Read More

Topics: business owner goals, financial goals, business owner financial plan, business owner personal goals, business owner planning retirement

Count Your Beans Before Selling Your Business

Posted by Jane Johnson on Mon, Aug, 27, 2018 @ 02:56 PM

In its simplest form, Counting Beans is about taking stock of how many assets you have saved outside your business, determining how much income you will need post-transition, and then calculating how much money you will need from the ownership transition, which is your Wealth Gap.

Read More

Topics: business owner goals, Wealth gap, selling your business 2018, prepare for business transition, business owner personal goals