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And the Business Goes to …the Employees?
June 13th, 2013
Dawn Huston, 31, started working at Dansko 11 years ago, sorting shoes for delivery. Now a warehouse processor, she said the idea of owning a piece of the company made her nervous at first—though she wasn’t worried about her retirement savings, s…
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Business Succession -- It’s Never Too Early to Plan Your Exit
April 23rd, 2013
There are myriad ways to begin the exit process from your business without giving up management control. [Here] are some ideas to structure for an eventual departure, without having to hand over the keys to the business right now. Business succ…
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Knowing the Value of Your Business
April 12th, 2013
With the day-to-day demands of running their businesses, most owners put off getting a valuation until a sale is imminent. But some are starting to treat the act of valuing their business as an integral part of running it. Has anyone asked you what y…
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Categories: Current Affairs
Succession Planning – A Business Must
April 8th, 2013
The conversation around successions can be [sensitive], because it brings up all the same issues one faces when starting a business — only this time, you’re forced to imagine it without yourself in the picture. When it comes to business, successi…
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Categories: Family Business
Tips for Leaving Your Business
March 25th, 2013
Most exit plans I’ve dealt with are some combination of these three basic techniques. And, the lines that differentiate them can be fuzzy. Owning and running a business is tough stuff, and at times you feel the weight of the world on your shoulders…
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Property Insurance Coverage and Estate Planning: It’s All in the Details
March 8th, 2013
When it comes to the growing use of sophisticated wealth transfer mechanisms like trusts and limited liability companies by individuals, the details include complicated insurance considerations that must be expeditiously addressed. If not, the devil…
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Categories: Uncategorized
Knowing the Value of Your Business in Ann Arbor
February 11th, 2013
With the day-to-day demands of running their businesses, most owners put off getting a valuation until a sale is imminent. But some are starting to treat the act of valuing their business as an integral part of running it. Has anyone asked you what y…
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Succession Planning – A Business Must in Ann Arbor
January 29th, 2013
The conversation around successions can be [sensitive], because it brings up all the same issues one faces when starting a business — only this time, you’re forced to imagine it without yourself in the picture. When it comes to business, successi…
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Is Your Ann Arbor Family Business Staying in the Family?
October 4th, 2012
The problems founders face when an heir announces he/she refuses to reign are significant and extend far beyond the hassle of hunting for a replacement in a poor quality applicant pool. The real damage done in this circumstance comes from…
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