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BUSINESS OWNERS RESOURCE NETWORK BLOG

Top 3 Qualities That Every Successful CEO Should Have

“What makes a great leader?” How would you answer that question? As owner/CEO of your company, it’s important that you know how to answer this question. Naturally, you want success for your business; and that success starts with you. No matter how...

Are Entertainment Expenses Still Deductible?

Yes, but only in certain contexts. You may have heard that the Tax Cuts & Jobs Act eliminated nearly all possibilities to write off business entertainment expenses. That is not quite true. You may be able to claim a deduction for such expenses...

Preparing to Sell Your Business

Do you have a strategy to follow? Have you created a company that someone will want to buy? Your children won’t necessarily want to take over your business, so an exit strategy is essential to getting the outcome you want. You must prepare your firm...

Business Owners Need to Plan an Exit Strategy

70% of private business owners report that their business is their primary source of income; yet, only 20% of small businesses are successfully sold to an outside buyer. Over the next months, I plan to share some thoughts and disciplines around...