AICPA ENGAGE 23!
Last week, I wrote about how much I love summer, and all it brings us. This week finds me at the AICPA CIMA ENGAGE 23! conference in beautiful . . . Las Vegas? Not a destination for pleasure travel, for me, but the food can be good to great, depending on where you eat. And […]
Welcome, Summer!
It’s official! With Memorial Day Weekend behind us, the Summer Season has arrived! Sunny beaches invite us, the snow is melting from the mountains. RFG has some exciting things happening, lots of good news here. The College Baseball World Series is in swing, and Major League Baseball’s season is well underway. There’s a reason it’s […]
Selling Your Business – Taxation of a Stock Sale
In our last post on closely held business sales, we discussed how your industry and other factors can impact the valuation of your business. This week, we are discussing the taxation imposed on sales of stock of your closely held business (with a few references to asset sales for context). In a stock sale, the […]
What is Your Closely Held Businesses Worth?
We last wrote about the various methods of business valuations. All the methods of valuation, whether income-based, asset-based, or market-based, are undertaken to arrive at an estimated sales price for your business, based upon the most appropriate methodology. If you have subscribed to an investment bank’s reports or morning meeting comments, you will have noted […]
Valuing Your Closely Held Business For Sale
In our last entry, we discussed the process of getting your business ready for sale. This week, we’re addressing the main reason you want to sell – to help finance your retirement dreams (even if that dream is starting a new business). So, how do you monetize your business so that it can provide you […]
Getting Your Closely Held Business Ready for Sale
You’ve spent your life becoming the high-achieving entrepreneur you are today – congratulations on your success! Most people don’t ever even start a business, let alone run a successful one for decades as you have. But now, you’re ready for new challenges. Perhaps you’re looking forward to retirement, spending more time with family and friends, […]
Temperance and Discipline – on These Hang Other Virtues
Some of you may recall my writing on some of the principles and teachings of Marcus Aurelius. I’ve broadened my perspective to reading other Stoics and on Stoicism in general. One thing I find consistently is the theme of self-mastery. The Stoics believed that disciplining – and tempering – one’s wants and desires, one’s appetites, […]
The Smartest People are Often Unhappy – But They Don’t Have to Be!
I’ve recently been reading on the supposed inverse correlation of intelligence and happiness. While I don’t believe there is a direct correlation between intelligence and unhappiness (I know plenty of happy smart people, and some people who are less intelligent and still unhappy), there are some indicators that point in that direction. Ernest Hemingway certainly […]
U.S. and International Banking – How Many More Shoes Will Drop?
The last couple of weeks have been quite a rollercoaster of investor emotion over the turmoil revealed in the banking industry. I think we’ve all reeled a little. Timeline On Wednesday, March 8, 2023, California-based Silvergate Bank (Silvergate) announced it would be winding down its operations and liquidating itself voluntarily. Silvergate was heavily involved in […]
Strategies to Boost Productivity and Reduce “Busyness”
Last week, we discussed the trap of “busyness,” and its potential to reduce genuine productivity. While we included some strategies for addressing this problem (and don’t we all have it!), I thought we ought to offer more ways in which we can ensure we are prepared for productivity, both at work and in our personal […]