Many business owners are struggling right now, but there’s an opportunity for savvy professionals to use this time to take advantage of some estate planning tricks. Here’s what I mean.

Most of us are working from home these days, and you’re probably asking yourself how you can be more productive in light of all these circumstances. Today I want to give you an idea of how to proceed if you have an estate that you will want to transfer to your children someday without paying a lot of estate taxes.

Today I’ll share a few strategies that you, as your team’s leader, can utilize to enhance your team’s bond and ensure that you outlast this crisis and prosper long beyond that.

Especially given the current situation our country and the rest of the world is going through, I thought now was a good time to talk about leadership. Remember: As leaders, your team is looking for assurance, not a match to set their hair on fire. Maintaining calm during a crisis is critical. This is a time of opportunity—not to gain revenue but to gather your team together and make them stronger. Today I’ll share a few strategies that you, as your team’s leader, can utilize to enhance your team’s bond and ensure that you outlast this crisis and prosper long beyond that.

Estate taxes can become a large problem for those looking to pass their business down to the next generation. Here are the solutions to that problem.

If you don’t properly plan for the estate taxes that will be assessed on your business when it transfers between generations, you can run into catastrophe.

I’m discussing how to not only have good people working in your business, but also how to profit from it. These two aspects must work together.

I have two questions for you: How profitable is your company, and how good is your team? If you’re not as profitable as you should be and your team is not as good as it needs to be, what should you do?

If you want the next generation to keep your company growing, you need to apply the right financial analytics to it.

If you own a family business and you want to transition that business to the next generation, how do you ensure that generation succeeds?

Although family members are the people you might want to take over the business, they often aren’t ready to run the company in a way that not only succeeds in the short-term but also grows the company in the long-term.

If you’re a business owner near the age of retirement, here are a few things to keep in mind about selling your business.

There are lots of different ways of selling your business to outsiders. You can go to business brokers, finance people, investment banks, and so on.

At Nabity Business Advisors, we’ll work with you to make sure that everything is packaged properly so that when the time comes to take the business to the market, you and your management team are ready. Having a third party involved will help you find the best candidate to take over your business.

In this installment of our series on transitioning stock, we’ll be discussing how business owners should handle the logistics of this deal.

Welcome back to our series on how to transition stock from your business. As we mentioned in part one, which you can view here, transitioning stock to family members can be a tricky process. This is especially true when only some of your family members are active in the business, or even when all family members are active, but only a couple are really putting in the time and effort to make it successful.

If you want to learn about transitioning your stock upon retirement, this new three-part video series is for you.

If you own and run a company, a time will come when you will need to transition your stock to a new shareholder. Even if you aren’t ready to retire yet, there are several steps you should start taking to prepare right now. We’ll go over a few of the most important steps in our latest series: Strategies for Transitioning Your Stock.

An independent third party can be extremely valuable to both business owners who are looking to sell and those who want to buy their businesses.

Have you wondered about whether it would be a good idea to get somebody from the outside to come inside your business and help you get ready to sell it? Or have you wondered about whether it’s a good idea to get a third party involved to help you negotiate the terms of a purchase of a business? I’m here today to share my thoughts on this matter.

If your company has multiple key shareholders and one of them dies, what happens? We’ll discuss the potential outcomes, as well as how to plan for this unfortunate scenario, today.

If you own a company with multiple stockholders, what happens when one of the key stockholders dies?

Ideally, you should be prepared for this scenario before it occurs, and today we’ll share a few of the most important preliminary steps.