Building Value in Professional Service Firms
In this post, valuation concepts are applied to professional services firms.
Trust Powers: Not All States are Equal
According to The Trust Advisor Blog, Alaska, Delaware, Nevada and South Dakota remain the top states for establishing trusts. My home state of Tennessee is in the second tier of states with favorable trust powers. This list is reproduced from the blog. The table provides three tiers of states based on relative attractiveness for trusts. […]
The Power of a Great Offer
What may be different is suggesting a specific amount and a rationale as to why that makes sense for the purchaser. If you are using a content strategy to promote your firm, you can put this approach to the test. Try it on any number of promotions. Offering a workshop? Why not suggest having three people attend as a team because that makes it easier to apply the new learning back at their company.
Promises and Passion: Life Lessons
Do what you say when you say you will do it. Promises, the ones we make and the ones we keep, are indications of leadership. Passion, or the ability to focus on something until others believe enough to follow, is another.
“Spiraling Up” to Higher Growth and Value
…We were seeing a self-reinforcing pattern that allowed companies to sustain rapid growth and dramatically increase value. We began referring to this happy pattern as spiraling up
How to Divorce-Proof Your Business with a Buy-Sell Agreement
Unfortunately, divorce is quite common today. The purpose of divorce provisions in buy-sell agreements is, of course, to prevent shares from falling into the hands of potentially unfriendly ex-spouses. Check out this short post on the subject.
Good Things Come in Threes
I heard of a new book-buying/idea-sharing strategy the other day that I believe is powerful in its simplicity. Read more about it here.
Estate Planning Magazine Reviews Buy-Sell Agreement Book
A new review of Buy-Sell Agreements for Closely Held and Family Business Owners published in ESTATE PLANNING magazine. And, it’s a good one!
Business Appraisal Review
Business appraisers need to learn more about what constitutes a business appraisal review and what does not. This post begins the discussion and we will explore the topic in more depth in future posts.
5 Ways to Accelerate the Growth of Your Firm
According to the blog Building Business Value | Corporate Management Strategies, there are “5 Ways to Accelerate the Growth of Your Firm”. Read about them here.