» Small Business

And the Business Goes to …the Employees?

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… Read More
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Business Succession -- It’s Never Too Early to Plan Your Exit

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… Read More
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Knowing the Value of Your Business

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… Read More
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Succession Planning – A Business Must

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… Read More
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Tips for Leaving Your Business

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… Read More
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Property Insurance Coverage and Estate Planning: It’s All in the Details

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… Read More
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Knowing the Value of Your Business in Ann Arbor

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… Read More
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Succession Planning – A Business Must in Ann Arbor

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… Read More
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Is Your Ann Arbor Family Business Staying in the Family?

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… Read More
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