Archives
Business Owner Exit Plan Readiness Checklist
February 10, 2021
Are you truly ready to transition away from your business? This is a critical question every business owner must ask as they develop and execute their exit plan. Cashing out and moving onto retirement or another business venture sounds enticing.… Read Now >>
The Business Owners’ Financial Game Plan for 2021 [Webinar Replay]
February 5, 2021The new year is here, but the economic uncertainty continues. In this webinar, we make sure you’re in the best position to understand and maximize the most recent stimulus, proposed stimulus, and tax law changes impacting business owners. Join our… Read Now >>
Why All Business Owners Should Have an Exit Plan Ready
February 3, 2021
Many business owners are planning to sell their business at some point in the future—or at least their personal ownership stake. That’s when it’s time to retire or move onto the next business venture. Whether you own a small business… Read Now >>
How to Narrow Your Business Value Gap
January 27, 2021
As we discussed last week, calculating your business value gap is an important step to take (and continue retaking periodically) if your ultimate plan is to sell your business. The value gap represents your company’s actual market value compared to… Read Now >>
What is the Business Value Gap?
January 20, 2021
Over the past two weeks, we’ve been talking about what the “wealth gap” is and how it affects business owners who may be looking to sell their business as part of a retirement plan. A big part of calculating the… Read Now >>
How to Calculate Your Wealth Gap
January 13, 2021
Last week, we talked about the wealth gap and how it affects business owners when the time comes to sell or leave their company. It should be a crucial component of your exit plan. However, it needs to be calculated… Read Now >>
Why Every Business Owner Needs to Know Their Wealth Gap
January 7, 2021
This month on the Illumination Wealth Blog, we want business owners and entrepreneurs to ensure their annual business planning— is aligned with their personal and financial goals. In today’s article, we want to focus on the wealth gap. What is… Read Now >>
The Importance of Tracking and Adjusting Your 2021 Financial Plan
December 22, 2020
If you’ve been following the Illumination Wealth Blog this month, you will have seen a series of articles focused on annual financial goal setting and action planning to achieve those short-term (and long-term) goals. Here are the previous three articles… Read Now >>
10 Tips for Developing Your 2021 Financial Plan
December 16, 2020
This month, we’ve been talking about financial goal setting and building your financial plan for 2021. I encourage you to read the other two articles before this one: 7 Steps to Setting Better Financial Goals Building Habits to Achieve Financial… Read Now >>
Building Habits to Achieve Financial Goals
December 9, 2020
Last week on the Illumination Wealth Blog, we shared “7 Steps to Setting Better Financial Goals.” However, this is just half of the story. It’s great to set your financial goals year after year and revisit your long-term financial plan,… Read Now >>
