Will your children take over the family business?
Gary Pittsford joins Jim Blasingame to report that only 25% of children take over the family business for many reasons, including financial issues and the inability of the parent/owners/sellers to turn loose of the business to the kids.
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Gary Pittsford joins Jim Blasingame to report on the many examples of harmful Biden tax proposals that will hurt, and therefore accelerate, the divesting/retirement plans for millions of Baby Boomer owners.
Gary Pittsford joins Jim Blasingame to report on the confluence of events in the past year that have led many Baby Boomer business owners to rethink and accelerate their retirement timing plans.
Gary Pittsford joins Jim Blasingame to reveal diversification strategy elements that will allow a retiring small business owner to achieve income with the lowest risk.
Gary Pittsford joins Jim Blasingame to report on some of the changes to tax law that Democrats are considering that will hurt small businesses, including higher capital gains, and removing or lowering the step-up in basis exemptions for heirs.
Gary Pittsford joins Jim Blasingame to report on the growing number of older business owners who, rather than reinventing their businesses post-pandemic, are thinking of cashing out now, and some options to consider.