Blogs and Resources
Understanding the Emotion of Conflict During Exit Planning for Business Owners
Exiting a business often stirs up intense emotions for owners, and one of the strongest is conflict. It’s not just external conflicts with stakeholders, family members, or potential buyers, but an internal battle within the owner. This inner conflict can stem from...
Introducing Our Series on Navigating the Emotions and Planning for a Meaningful Exit
As a business owner approaching the transition out of your company, you’re stepping into a process that’s as emotional as it is strategic. The journey of planning an exit and moving into a new phase of life often brings up a range of feelings and challenges, many of...
Life By Design, More Freedom Less Regret
Short Description 4th Quarter coaching with Scott Couchenour empowers business owners to achieve lasting growth and purpose. With decades of experience, he offers clarity, strategy, and personal insight to help clients build a legacy and find fulfillment. Description...
You’ve Inherited a Business. Now What?
It’s a financial and emotional journey. Here’s where to start. Inheriting a business is an honor. But it can also weigh heavily on you. There’s pressure to continue the legacy established before you and feel like you’re doing right by your loved one. There’s also the...
What Every Advisor Must Know About Business Transitions
Watch the replay of "What Every Advisor Must Know About Business Transitions" with Michael Valdez and gain practical strategies for effective succession planning and smooth ownership changes. https://ispassociation.org/webinar/business-transitions/replay BONUS...
From Crisis to Clarity: How Strategic Planning Transformed My Life and Can Shape Your Business Exit
In June 2015, my life was profoundly changed by a loss that stripped away my 30-year career, my income, and most devastatingly, my identity. The fallout plunged me into a dark season that took considerable time and effort to recover from. Looking back, I would have...
Cash Management Strategies for Business Owners
Top five tips for navigating market volatility and inflation. Managing cash flow at a small business can be a challenge during the best of times, but recent market volatility and inflation have made this task even more critical. The below strategies should serve...
Tax Alpha Solutions
Description Wealth Management for High Earners: Know the Options Available to You There’s good news for investors: legal, tangible tax strategies are out there—they just need to be found. In Tax Alpha Solutions: Effective Tax Management Strategies for High-Net-Worth...
Grit & Grace
Short Description Part memoir, part call to action, Grit + Grace invites us, even in the face of hardship, to delve into who we are and what we are meant to do. The author [Angela Devlen] offers a roadmap for navigating change and healing as an invitation to create a...
Embracing Stress: How It Can Benefit Business Leaders
Blog Provided by CEO Effectiveness Stress is often viewed negatively, associated with burnout, anxiety, and decreased productivity. However, for business leaders, stress can be a powerful motivator and a catalyst for growth. When managed effectively, stress can...
Protecting your Business from the Loss of a Key Contributor
Key person insurance can protect against losing a vital employee. Like many businesses, yours may also rely on someone for the majority of your earnings. This “someone” is often referred to as a key person because his or her knowledge, skillset, or work contribution...
Your Business Deserves an “Estate Plan”
Drafting a succession plan now can help your business stand the test of time. As a business owner, you’ve invested so much into making your business successful – hard work, time, money, and energy. It’s truly hard to imagine your business without you. But chances are...
Making a Nonfamily Successor the Head of the Family Business
Setting expectations and redefining roles can ease a leadership transition. For family-owned businesses, the dream is often for the next generation to assume the reins and continue the legacy. After all, your business likely represents a significant part of your...
Succession Planning at All Stages
For most business owners, especially entrepreneurs who have founded their business, the word succession is inextricably linked with retirement. There are many myths around succession planning – including the most prominent “I’m not ready to retire.” However, it turns...
A Winning Benefits Package Can Set Your Business Apart
Offering prospective employees the right benefits can help boost your firm’s appeal. To stay competitive, your business needs to maintain a vibrant culture and impressive benefits – and that includes offering a retirement savings plan. According to survey data, 85% of...
Empowering Financial Planning Strategies for Business Owners
Empowering Financial Planning Strategies for Business Owners Are you a business owner looking to preserve your financial future? Managing your business finances effectively is crucial, but it's equally important to plan for your personal financial goals. In this...
Thinking Outside the Boss
The Power of SBA Pre-Qualified Businesses for the Acquisition Hero The entrepreneurial landscape is witnessing a remarkable shift, with the emergence of the 'Acquisition Hero' - a new breed of business pioneers. These individuals, often emerging from corporate...
Unlocking Your Business’s True Potential: Mastering Valuation and Strategic Exit Planning for Success
Are you fully aware of your business's true worth? In today's ever-changing business landscape, understanding your business's valuation is not just important – it's a game-changer. However, this is just the beginning. Crafting a well-thought-out exit strategy, whether...
Employees or Contractors: Which is Best for My Business?
Deciding how to build your resource team comes with tradeoffs. In this article, we discuss the pros/cons of two different approaches to staffing. Hiring employees and working with independent contractors each have their own advantages, disadvantages, and tradeoffs....
Why Using the Right Kind of Attorney Matters When Buying a Franchise
When working with my franchise candidates, we inevitably arrive at a point in the research process where they are getting serious about a specific franchise business as their preferred investment. This is when I like to revisit the question of “who is their lawyer to...
The Pivotal Role of Thorough Due Diligence in Business Brokerage
Effective pre-due diligence can give you more. More quality listings, more closings, and more time. In the intricate world of business brokerage, effective pre-due diligence is not just a preliminary step; it's a cornerstone for success. Effective pre-due diligence...
5 Signs It’s Time to Look for a Business Coach Near You | EOS
When you're trying to make a name for yourself in your industry, it can be easy to think that everything falls on you. We all want to say, "I made it all on my own." That's rarely the case. While you're the only one to hold the key to your success, it's nearly...
What Does “SMART Goals” Stand For? | EOS
Goals are what keep us motivated and give us something to work toward. There are all types of goals that we make throughout our lives, especially in our professional lives. For instance, many people have a goal of getting a promotion after a certain amount of time at...
Top 5 Benefits Business Coaches Offer for Entrepreneurs | EOS
We all need help every once in a while, especially when it comes to being an entrepreneur. When you get a new idea, there are many moving parts that are required to put it into action. Perhaps you don't know what steps are needed to make your goals a reality. Or maybe...
Shiny Object Syndrome: How to Overcome It | EOS
Shiny object syndrome, or SOS, is a business term that refers to the tendency of being constantly drawn to “exciting” new opportunities. The new opportunities are usually business ideas, services, or products that you want to dive into without fully determining the...
The EOS Model™ | EOS
The EOS business model is a complete, proven system or framework, supported by simple tools to help entrepreneurs get what they want from their business. Regardless of what you do or who you sell to, the EOS Model™ can help you and your leadership reach and exceed...
The Meaning of VTO™ | EOS
By figuring out what your company needs to grow, you can work toward your goals that contribute to your vision. VTO™ is an easy-to-use tool from Entrepreneurial Operating System® that allows you to look at every aspect of your company's potential and helps everyone on...
Keeping it in the Family
Keeping it in the Family For family businesses to succeed and remain in operation from one generation to the next, succession planning is a crucial procedure. Early planning is crucial, and each plan should be customized to meet the particular requirements of the...
Your Unstoppable You Is Waiting For You in Just One Step
Short Description Jeff Nischwitz’s fourth book — Just One Step: Walking Backwards to the Present on the Camino Trail(Eagle Heart Press February 2020) — is based upon his 2017 journey, experiences and lessons on the Camino de Santiago in Spain. Description Jeff...
Snow Globe Leadership: Shaken Not Settled
Short Description The need for transformational change in leadership is great and the urgency is even greater. The world is waiting for brave and bold leaders to take the risks of leading in these different and people-focused ways. Description The need for...
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