Investors, especially business owners, should regularly take 10% of their net income and invest to help protect and grow their business. Unfortunately many fall short of that general guidelines. Here are some reason why investors in general and business owners...
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You Best Investment
In our discussion on growing your business value we talked about referrals from existing clients/customers and conducting promotional events to increase your business and add to your profit margin. Needless to say there are limitless resources to add to that...
Your Best Investment is…………………………………..
Your own business! Over the duration of our blog, we have covered many investments, Insurance, Mutual Funds, and other techniques to place a value on your business. I'd now like to switch to why it's critically important to invest in...
Imagine You Couldn’t Contribute to Your Retirement Savings
We all know the dire consequences that a long or even short term disability can bring. There would no doubt be increased medical costs, mortgage payments must be met, not to mention the basic cost of putting nourishing food on...
A New Asset for Volatility
Considering the extreme volatility we've witnessed for the past several weeks, it may be appropriate to add a new asset class. This could be a perfect tie-in for accumulating cash, reducing volatility and planning for your Business Succession. The...
Normalcy Again?
With the nice rebound we've had the past few days, we might assume that things are back to normal. Are we? Even before the meltdown, I've been cautioning clients that volatility is going to be with us. So be prepared...
A Real Story
It was a beautiful October day in 1987 with sunny skies and a brisk hint of autumn chill in the air. I had been visiting people to speak to them about the wonderful opportunities of investing when I heard on...
Why All The Fuss
One might rightfully ask, "Why talk about stock market declines in the concern of Business Succession planning?" I do it for several reasons. First, it is important for all business owners to realize what would happen if you were...
The Stock Market Freefall Part Two
Since my last entry, the stocks fell 538 points Friday and another 588 points today. Let me add on to what I said last week. China's near recession and drop in its growth is certainly a big factor. However, we...
Stock Markets Drops Explained
358 point drop in the stock markets in a day! Investors are understandably frustrated and worried. Why is this happening? We can begin to explain this in one word: UNCERTAINTY! The stock markets HATE uncertainty. This is understandable because it's...