Articles Posted in Business Bulletproofing

Key Takeaways Family businesses are the bedrock of economies.  They weave together the strength of familial bonds with the drive of entrepreneurial spirit.  Yet, these enterprises confront unique hurdles that complicate governance and endanger longevity. Recognizing and addressing these complexities becomes paramount for sustaining a thriving family legacy. I am a lawyer, a certified valuation…

Running a closely held business requires more than your vision and hard work. It demands careful documentation, accurate records, and financial transparency. Yet, many business owners underestimate the importance of record-keeping—until it’s too late. Poor record-keeping can cripple a business, leading to legal disputes, tax penalties, and financial ruin. In my years of practice, I…

Protect the Intagible Assets of a Closely Held Business with Bulletproofing I sometimes ask closely held business owners if they lock the doors to their business when they leave. The answer is ‘of course.’ I may push further. Do you have an alarm system? What about at home? No surprises here. Everyone locks the door.…