Featured Posts
Small Business Succession Planning Overview
If you’re thinking about small business succession planning in MD, you are thinking about what comes after. After you’ve taken your business as far as you can. After… READ MORE
Business Exit Planning Explained
Google “exit planning”. Did you get about 29 million results? Now, discard those related to pulling troops out of foreign countries. You are still left with thousands of links to the websites of advisors that promise to help you exit your one-person or multi-owner business, right? READ MORE
Choosing a Retirement Plan for Your Small Business
We met “Luis” during the meet-and-greet following a chamber of commerce sponsored event for member business owners. My team and I had been part of an expert panel talking about preparing a business for sale, but that wasn’t what was on Luis’ mind. READ MORE
Recent Posts
The Obsidian Family is Growing!
We are so pleased to welcome the team and clients of Integrated Financial Strategies, LLC (IFS) into the Obsidian family. We are confident that the alignment of values, practices, and culture between our firms will make this a win for everyone. By bringing on the IFS...
How Periodic Check-Ins About Your Insurance Needs Can Save You Money in the Long-Run
Business insurance is an essential tool for all business owners, but there is no "one size fits all" approach to choosing a policy. In fact, your insurance needs may change over time as your business evolves and circumstances change. Here are three ways that periodic...
Have You Asked Yourself These Important Questions About Your Business Insurance Coverage?
Business insurance is an essential tool to protect your business assets in case of emergencies. But not all business insurance policies are created equal and may not provide coverage that meets your company's unique and specific needs. Here are five important...
Are Your Business Advisors on the Same Page? Here’s How To Find Out.
Having the right business advisors can help give you a crucial leg up when it comes to running a successful small business. But if you and your advisors are not on the same page regarding your goals and business philosophy, getting their advice can be worse than...
What To Do With Your Entrepreneurial Spirit After You Retire
A retirement full of nothing but rest and relaxation isn’t for everyone. Many small business owners find their entrepreneurial spirit just isn’t willing to take a backseat to their new lifestyle of playing golf and sipping whiskey sours. In fact, many retirees find...
Business Continuity Planning, Explained
A basic definition of business continuity that can be found on the Wikipedia entry on the subject calls "the capability of an organization to continue the delivery of products or services at pre-defined acceptable levels following a disruptive incident," and business...
Go Ahead and Take That Vacation. With Planning, Your Business Will Be Just Fine
With temperatures rising and much of the country open for business again, many Americans are itching to get out and explore the outside world once again. But planning a vacation is a bit more complicated when you're a business owner. So is it possible to leave town,...
5 Steps You Can Take Now To Preserve Your Business Legacy
As entrepreneurs, we dream of creating something that will outlast us and continue across generations. Perhaps we envision our children carrying on the mantle of the family business or a storefront bearing our name long into the future. Whatever the reason, our...
8 Questions To Consider When Choosing A Business Successor
Our last blog post provided a few helpful tips on eliminating the drama from your business succession journey. However, before you reach the point where your choice of successor can make waves in and around your business, you need to choose someone! So here are eight...
Business Succession Planning – Three Tips to Avoid Unnecessary Drama
How to Find Peace of Mind When Choosing a Successor for Your Business. Business Succession Planning: Making the life-changing decision to retire from the business you have spent your career building can feel daunting. It comes with so many questions to consider: what...
Benefits of Hiring Interns
Do you have a long list of “special projects” that need to be completed? When you look at the list, do you think to yourself, “When are we ever going to get this done?” At Obsidian, we totally understand because we have an endless list of projects too! For us, we look...
Small Business Succession Planning Overview
If you’re thinking about small business succession planning in Md, you are thinking about what comes after. After you’ve taken your business as far as you can.After your children are old enough to take it over. After you take one of those many unsolicited calls from...
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