Archives

Illumination Wealth’s Perspective: Coronavirus, Oil & The Markets

March 15, 2020

Building Business Value by Becoming Replaceable, Part 2

March 11, 2020

Last week in Part 1 of this topic, we talked more generally about WHY making yourself replaceable as a business owner can actually increase the value of your business in the long run. If you haven’t read it yet, I… Read Now >>


Coronavirus Market Update & Recent Market Volatility

March 10, 2020

When it comes to your investments, it’s important not to panic. We thought it would be good to follow up with empathy, perspective and some opportunities that are created in uncertain times like these. Click the link below to watch: … Read Now >>


Building Business Value by Becoming Replaceable, Part 1

March 4, 2020

As an employee, you always want to try and make yourself as irreplaceable as possible. When it comes to being a business owner, however, being replaceable can actually be a benefit. This is especially true when you have plans to… Read Now >>


How to Increase the Value of Your Business

February 26, 2020

Last week, we shared some methods you can use to set a resale value for your business. If you haven’t read the article yet, go check it out here. The other big question that clients will ask me when talking… Read Now >>


What is My Business Worth? 4 Ways To Develop A Proper Business Valuation.

February 19, 2020

Are you thinking about selling your business in order to retire or move onto a different business opportunity? You’ve put a lot of work into building up your business where it is today, so one of the toughest challenges is… Read Now >>


How Estate Planning Trusts Can Minimize Taxes for the Exiting Entrepreneur

February 12, 2020

Contrary to popular belief, a will is not always the ideal solution in an estate plan. This is especially true when it comes to entrepreneurs and business owners with more complex assets at stake. There may be distinctions between what… Read Now >>


Balancing Family Dynamics with Business Succession Planning

February 5, 2020

One of the most challenging aspects of developing your estate plan is what you leave behind for your family. It is very difficult to determine who will get what and why. It’s even more complex when there is a business… Read Now >>


What is Succession Planning?

January 29, 2020

Last week, we talked about the importance of business owners having a succession plan in place. In that article, it was part of a broader estate planning strategy to keep a business running effectively should something happen to you. This… Read Now >>


Estate Planning: What Business Owners Need to Know

January 22, 2020

When you own a business, you have a lot on your plate. You are spending your time, money and energy on building your business and trying to increase profitability. It can be hard to think about what would become of… Read Now >>