Letter of Intent: Explained
In our last post, we discussed finding a buyer for your closely-held business (read it here). Now, assuming you’ve found a suitable candidate who would like to purchase your business, what is your next step? It is the crafting and drafting of the letter of intent between you and the potential buyer. This is a […]
How Do You Find a Buyer for Your Closely Held Business?
Last week, we discussed first steps you might take toward selling your closely-held business (read it here). This week, we discuss identifying potential buyers. First, are you open-minded about what type of buyer you want, or do you have a clear idea already? Typically, buyers can be found: Among your family, if yours is a […]
Are You Ready to Sell Your Closely-Held Business?
You’ve spent your life building things – your family, your business, your life. So, let’s start by saying “Congratulations!” Not everyone is an entrepreneur who manages to accomplish what you have – in fact, most people don’t, so count yourself as a high achiever! But you’re looking toward a new phase of your life, one […]
New Year, New Goals
I’ve been thinking – like many people, I assume – about goals for the New Year. A wishlist of everything I’d like to accomplish this year would fill a book, so I won’t list them all. But let’s think, for a moment, about the most important goals. I’d like to grow my empathy, to become […]
Happy Holidays from Rigby Financial Group!
It’s Almost 2022 – Are We Still Multi-Tasking?
I was looking up something else entirely when I came across an old Forbes article about multi-tasking and how it can actually damage one’s brain. The article was published in 2014; it references a study from Stanford University which had attempted to discern what made multi-taskers good at what they do. What the researchers came […]
The House’s Version: The Build Back Better Act, Explained
So many changes, formally announced and not, have been made since we last wrote about the Build Back Better Act, it’s been quite a task to keep track of them. However, in view of the U.S. House of Representatives’ (House) having finally passed the Build Back Better Act on November 19, 2021, and with the […]
Changes to the Employee Retention Tax Credit in the Infrastructure Investment and Jobs Act
President Joe Biden signed the Infrastructure Investment and Jobs Act (IIJA) into law on November 15, 2021. While this was bipartisan legislation, and most of the proposals for tax changes promulgated by the current Administration have been negotiated within the framework of the Build Back Better Act, a close read of the IIJA shows some […]
So Much to be Thankful For
Another Thanksgiving is upon us, which means another chance to take stock of what we’re grateful for. New Orleans has had a hard year; the delta version of COVID-19 caused huge spikes in new cases this past summer, after earlier numbers suggested we were getting the better of the virus. We were hit by yet […]
C. S. Lewis’ “The Inner Ring”
An email hit my inbox recently, talking about C. S. Lewis’ famous 1944 Memorial Lecture at King’s College, University of London, The Inner Ring. It struck me so hard (in a good way) I had to go and read the whole lecture for myself, and find out a little more about the author. Professor Lewis […]