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
Designing A Plan: Selling Your Business to Key Employees
In our article, {{{{link id='1142' text='Selling Your Business to Employees'}}}}, we met “Jasmine,” the fictional, 63-year-old owner of a professional services company in the DMV-Washington D.C. area. She was considering selling her business to a group of her key...
About Obsidian Business Planning Solutions
Why Obsidian? “We hired you because you understand that we don’t separate our personal goals from our business.” Like so many of our clients, this business owner had interviewed multiple financial planners who could create personal financial plans, and even more...
Disability, Death and Business Planning
Death and disability are two conversation-killers that we need to talk about. Today. The survival of your business and financial security of your family depend on the actions you take before either of these awful events occurs. Once you make a plan, I assure you that:...
How To Grow Your Business (Part 2 )
Previously, we discussed how to grow your business and the key value drivers. Today, we continue that discussion. We take an in-depth look at how other value drivers can improve the growth of your business. These elements either reduce a buyer’s risk in purchasing...
How To Grow Your Business
Wondering How To Grow Your Business in DC, Virginia and Maryland? If you stop to think about it, there are a host of great reasons to grow your business: Growing businesses attract enthusiastic and skilled employees. Valuable businesses spin off income to their...
5 Tips for Selling Your Business through a Broker in the DMV Area
Why Should I Work with a Business Broker to Sell My Business? It’s not uncommon to see “For Sale by Owner” signs in front of homes. Maybe your friend, family member, or even you have sold a home without an agent. It is unusual, however, to find the same sign outside a...
What Questions Should You Ask a Broker When Selling Your Business: Finding the Right Broker Before Listing Your Business for Sale in Baltimore
You have worked hard, and you want to put the really hard work behind you. Retirement is dangling before you and so you’re on the hunt for a broker to help you sell your business. You don’t want any of your hard work to go to waste and you want to get the most from...
What Are the Downsides of Working with A Business Broker to Sell Your Business?
So, you are thinking about selling your Baltimore business. You’ve seen the websites for the big, national brokers, but you’ve also heard some horror stories from friends about their experiences. You want to steer clear of “the bad guys,” but aren’t sure how to tell a...
Top Four Benefits of Hiring a Business Broker to Sell Your Business
Are there four benefits to hiring business brokers to sell your business? Well, yes and no. For all of the reasons we described in {{{{link id='1163' text='What Are the Downsides of Working with A Business Broker to Sell Your Business in Baltimore?'...
A Family Limited Partnership: Protecting Your Business Asset for Future Generations
Your business has been your life. Your family has been involved in various ways throughout the years and your business has become the center of your family. Whether your kids are still actively involved or not, you know you want to keep your business in the family....
How to Sell Your Maryland Business Without A Business Broker—Is it Possible?
With apologies to all the business brokers out there who would tell you otherwise, our answer to the question, Can you sell your business without a business broker? is “Absolutely.” How is this possible? How can you sell your business in Maryland without a broker to...
Should You Sell Your Business and Retire? Why Retirement and Selling Your Business Are Not the Same Thing
You are finally at the point in life where you are considering retirement. With all the work you have put into your business, retirement is a welcome sign. You are done, and you want to step away and cash out on your investment: you are ready to sell. But is selling...
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