Planning Your Exit Strategy
When should you start planning your exit strategy? If you’re a business owner, your exit path should already be on your mind, no matter how far away it might be.
What’s the difference between a 1031, DST, and QOZ? And where do REITs fall in?
Chloe Quigley, Business Exit Planning Advisor If you have a piece of highly appreciated property, you may be considering what’s next. You may have heard the saying “swap ‘til you drop” which traditionally refers to continuing to do a 1031 exchange with a property until your passing and your …
Charitable Planning for Business Owners
Chloe Quigley, CEPA, Business Exit Planning Advisor What does charitable generosity have to do with your company? Giving to charity has been engrained in my routine since I set 10% of my eighth birthday check aside for charity. I can understand how giving is a routine that takes diff …
Should I Take on Debt as a Successful Business Owner?
Author: Chloe Quigley, CEPA, Business Exit Planning Advisor Contributor: JJ Comiskey A lot of the business owners we work with are highly averse to debt. Having no debt can feel like a clean slate. It can symbolize a green light to move forward, whereas having debt can feel like a burden or …
SECURE Act 2.0: What a Business Owner Needs to Know
Chloe Quigley, CEPA, Business Exit Planning Advisor The Setting Every Community Up for Retirement (SECURE) Act, passed in 2019, is now updated with follow-up legislation, making the SECURE Act 2.0. What do you need to know as a business owner about how this affects you and your employees?
Are You a First-Born Business Owner?
By Chloe Quigley, Business Exit Planning Advisor Your description: Detail-oriented. Organized. Hard driving. Compliant. A natural leader. Confident. Conscientious. Careful. Perfectionistic.
Family Business Lessons
Chloe Quigley, Business Exit Planning Advisor I love working with family businesses. Being a part of one that my Father has led for 30 years, I’m always eager to learn more practices and lessons to apply. Here are a few of my favorite tips and takeaways from studying, partnering with, and b …
Business Succession Planning: Your Business Without You
Chloe Quigley, Business Exit Planning Advisor Take your mind where it doesn’t want to go: tragedy. A chronic illness. A freak accident. A divorce. A falling out with a business partner. A heartbreaking loss that turns your world upside down.
Funding a Buy-Sell with Insurance
Chloe Quigley, CEPA Business Exit Planning Advisor “The best insurance policies are the ones we never end up needing.” – Jamie Hopkins In his book, Find Your Freedom, Hopkins describes insurance as a tool to complete your financial plan and offer peace of mind and protection for you …
My Letter to the Second Generation Business Owner
Dear Second Generation Business Owner,
You, like me, have joined something that your mother or father (or both) spent a great deal of time developing. Like any other major part of their life, this venture caused them stress, distraction, possible turmoil as well as their potential fortu …
Outsource Your Weaknesses
Chloe Quigley, Business Exit Planning Advisor
Outsourcing your weaknesses is one of the best things you can do for yourself and your overall plan as a business owner.
Think back to your earliest childhood dream for your future. What did you want to be?
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Business Succession Planning Checklist
You remember your first day of business. But what about your last day? Succession planning is more complex than it may seem. Our guide walks you through the details.
