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The importance of Succession Planning in the Family Business.

Should I Sell My Vacation Property or Pass It Down in My Will?

3 min

Should I Sell My Vacation Property or Pass It Down in My Will?

A vacation property can truly be one of the most enjoyable purchases you ever make. Whether it’s a cottage on the lake, a cabin in the woods, or a chalet near the slopes, vacation homes are the perfect spot to make lasting family memories and enjoy much-needed rest and relaxation! However, now that you’re nearing retirement, you will likely find yourself considering all your financial options. Maybe that beloved vacation home just doesn’t fit in to your plans anymore. While y

Solutions for Managing Business Debt

4 min

Solutions for Managing Business Debt

Running your own business means keeping a careful eye on your business finances. As helpful as it may be to have a bookkeeper or accountant either on call or on staff to help keep your finances organized, the only one who can best manage the cash flow of your company is YOU. That means ensuring you have enough revenue coming in to pay your expenses while simultaneously keeping your debts at a minimum wherever possible. Easier said then done, right? As you likely know, part of

What Is A Succession Plan & Why Does Your Business Need One?

3 min

What Is A Succession Plan & Why Does Your Business Need One?

For so many blue-collar business owners, your company is a lot like your child. You nurture it, work hard to help it be the best it can be and watch it grow with pride! Much like watching a child grow into adulthood, at some point you must step away. Choosing the fate of your business, however, is entirely in your hands. This is where a well-planned succession plan can really come in handy! What is a succession plan? A succession plan is the process transferring over your bus