Want to Transition from Employee to Entrepreneur? RFG Can Help You Do It Right!
Sometimes, an employee realizes it may be time to transition into entrepreneurship and become a business owner, rather than an employee, and it may be time for him/her to take the leap into entrepreneurship. To be a business owner, not someone else’s hireling. That can be scary – I know, I’ve been there, I’ve taken […]
Happier Employees Are More Productive! How We Can Foster Happiness
There’s a growing body of research indicating that happier employees are more productive and that more productive employees are happier. In our evermore rapidly-changing business landscape, we business owners should take note, and foster happier employees – they’re good for our team, for us to work with, and for our bottom lines. How Do We […]
Entrepreneurs & Risk Exposure – Mitigation Strategies
One of the most significant risks of entrepreneurship is asset concentration. For most closely held business owners, the value of their business can represent, on average, 80% (or even more) of their total net worth. Now, a profitable, ongoing concern can be an excellent investment – after all, we are all our greatest assets. But, […]
The Cost of Money for Closely Held Businesses
Closely held businesses have had a rough four years, haven’t they? We all know the impacts of the COVID pandemic hit small businesses harder than large businesses, which were more likely to be designated “essential” during lockdowns than small ones. And given the economic uncertainty of 2020, credit became more challenging. We all hoped that […]
Why You Need to Know the Value of Your Closely Held Business
You may think you can make a fair guess as to what your business is worth – but too many times business owners who think this find the valuations are not quite as accurate as they imagined. And finding out you’re wrong, or at least not of the same mindset as others may be as […]
Get It on Paper! Why Written Agreements Are Essential for Any Business
Business agreements are too vital – and so are your business relationships – not to cement your agreements in writing. Why a Handshake Isn’t Enough I love handshakes! They’re real, personal, physical contact, and nothing can replace that. After all, when we deal with business, we deal with real people (that’s one of the things […]
Eric and Meghan Rigby’s European Vacation
Eric Rigby spent last week and the two bracketing weekends on a special holiday in Europe with his daughter, Meghan. Meghan, not born yet when Eric started what is now Rigby Financial Group, has grown up into a lovely, accomplished young lady with bachelor’s degrees in both Mathematics and Economics(!), and lives in Atlanta, Georgia. […]
Compensation Irregularities in Family-Owned Businesses – Why They Matter, and How to Avoid Them
According to the U.S. Census Bureau, family-owned companies make up almost 90% of U.S. businesses and represent between 54% and 57% of U.S. employment – they are the backbone of our nation’s economy. People tend to trust family companies more than other similar businesses – and there are few greater advantages to any business than […]
Considering a Roth Conversion? Timing Matters!
The timing of the conversion of retirement assets to a Roth IRA can make a big difference to your taxes – and to your financial life. Roth IRAs and Conversions – Background As many, perhaps most of you, may already know: Contributions to Roth IRAs, whether regularly scheduled or made via conversion, are made with […]
Independence Day 2024
This week, the United States of America – and we, its people – will celebrate the nation’s 248th birthday in a world at war. Ukraine, Israel, all the nations joining in on either side, as well as other conflicts. We know so much and at the same time so little about what’s really going on […]