by Patrick Carroll, CFP®, CExP™ | Apr 1, 2021 | Family Owned Business, Succession Planning
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...
by Patrick Carroll, CFP®, CExP™ | Apr 22, 2019 | Family Owned Business, Transition/Exit Planning
Last time, we discussed how to transfer your business to your children. We mentioned three of the five tasks we use at Obsidian during the family business transfer process. To recap, visit our previous blog. Today, we conclude this discussion with the two final tasks:...
by Patrick Carroll, CFP®, CExP™ | Apr 15, 2019 | Family Owned Business, Succession Planning
So you want to transfer your business to your children. Do you know if that child wants to own a business? Not to be insensitive, but have you assessed whether that child has what it takes to run a business? These are tough questions! We know, because we’ve stood by...
by Patrick Carroll, CFP®, CExP™ | Oct 5, 2018 | Family Owned Business, Transition/Exit Planning
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....
