Archive for for February, 2017

Where Should I Locate My Business? Picking Out Where To Set Up Your Business – 5 Specific Things to Consider

February 15, 2017

I’m working with a soon to be client on getting their business set up. They’ve asked me, “Where do I locate my business?” In this particular case, the potential client is coming from outside the United States and is geographically open to locations. They want to pick the best location for their business.

Now, this is not a simple decision. … Read the rest

Building Your Stature and Authority: Getting That Snowball Effect Going

February 14, 2017

If you’re reading this blog, you’re probably a successful private business owner like so many of our readers or you’re aspiring to be a successful private business owner. Part of being successful in business is getting visibility, getting people to know who you are and getting people that understand your business. After all, the more people know who you are, … Read the rest

Making More Money for the Ideas in Your Head

February 13, 2017

Some might call it “creating contextual models to commercialize your intellectual property.” Other would say “making more money from the ideas in your head.” I think it’s what a lot of us want to do.

I can credit both of those phrases above to Neen James, the popular keynote speaker ( I recently had an online discussion with Neen, and … Read the rest

Have You Empowered Your Team for Success? Four Key Tests to Employ

February 13, 2017

As I work with business owners and other business consultants, it becomes clear that to be successful, we have to have employees empowered. In The Three Laws of Empowerment for High Growth Companies (, I talk about how to empower employees, how to make them motivated to do what’s right not just for themselves but for their company, and how … Read the rest

Three Social Media Technologies for Small Business Owners

February 10, 2017

The following blog is from Sandi Leyva, CPA a guest of McBride For Business, LLC.

Social media can be incredibly profitable, but it can also be incredibly time-consuming.  Here are three tools that help to take the work out of social media and put the profit back in.

#1 Hootsuite. If you’re going to write all those posts, tweets, and … Read the rest

Buy-Sell Provisions: and The Kid Cutting The Candy Bar

February 9, 2017

I spend a lot of my time setting up partnership agreements in different forms — working to make businesses that work economically with multiple involved. One of the things I always tell my clients is we need to protect their wealth. We need to make sure no matter what happens, that wealth that everybody has worked so hard to create, … Read the rest

The Hidden Benefits of Planning

February 8, 2017

Section 1031 exchanges. If you’re reading this blog, you may not even know what a section 1031 exchange is. Section 1031 is a section of the federal tax code that allows property owners to exchange one property for another and to defer the taxes on it (not get taxed immediately upon exchange). It can be a very powerful tool. However, … Read the rest

Backup Plans: It Sounds Simple, Right?

February 7, 2017

We have plans in case something doesn’t go as expected. Sure, we do this with our vacations. If it’s going to rain on Tuesday, we won’t go to the amusement park, we’ll go shopping.

But that’s pretty mundane and pretty inconsequential in the grand scheme of life. What about bigger decisions? What about running your business? What about protecting your … Read the rest

LLC Agreements: Backup Managers

February 6, 2017

I work with a lot of companies, and I write a lot of LLC agreements in the course of a year. It’s often the central document to the business formation, or the future of a company. I’ve seen forms written by myself, I’ve seen forms written by many law firms and of course, I have seen Legal Zoom and other … Read the rest

Unlocking Your Business Value: Preparing for the Sale

February 3, 2017

It is rare when I get to work with a business owner well before they are ready to sell their business. Normally when I am approached, the business owner has already made the decision to sell and they are ready to sell now. However, in some instances I get calls well in advance of a sale where a business owner … Read the rest

All postings are intended to be planning tools to familiarize readers with some of the high-level issues discussed therein. No posting is intended to be a comprehensive discussion and additional details should be discussed with your transaction planners including attorneys, accountants, consultants, bankers and other business planners who can provide advice for your circumstances. This article should not be treated as legal advice to any person or entity.

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